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Improving Nigeria’s Economy: CBN Reforms Target Stability, Single-Digit Inflation – Cardoso

Last updated: October 4, 2025 3:57 pm
11 hours ago
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1 Min Read
CBN
CBN Governor, Olayemi Cardoso

Speaking at his inaugural lecture series at the Lagos Business School, The central bank of Nigeria, Olayemi Cardoso said credibility and transparency remain crucial in redirecting the economy towards growth.

The apex bank governor also recalling early year challenges in the foreign market said reforms helped restore sanity, cleared FX backlogs, and enabled Nigerians to use naira cards abroad

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Cardoso in the cause of the lecture also disclosed that all financial statements are now published regularly, reserves strengthened above 42 billion dollars, and financial inclusion expanded to underserved communities.

He further noted that promises must be kept for investors to trust the economy, declaring that transparency, credibility, and resilience are driving reforms that have moderated inflation and renewed growth momentum.

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