“Our reform efforts are beginning to restore stability and build confidence in the economy,” Cardoso told investors.
BUSINESS DAY NG
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured investors that ongoing monetary and fiscal reforms are yielding results, restoring macroeconomic stability and boosting investor confidence. Cardoso gave the assurance during a meeting with key stakeholders and international investors.
“Our reform efforts are beginning to restore stability and build confidence in the economy,” he stated.
He highlighted key interventions such as exchange rate unification, inflation control measures, and improved transparency in the forex market as crucial to the turnaround. Cardoso added that the CBN remains committed to its core mandate of price stability and financial system soundness.
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