The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Monday engaged senior business leaders and institutional investors in Washington, D.C., reaffirming Nigeria’s commitment to macroeconomic stability and a rules-based economic framework.
Cardoso spoke at the U.S.–Nigeria Executive Business Roundtable, where he underscored the country’s ongoing reform agenda against a backdrop of heightened global economic uncertainty.
Addressing participants, the CBN Governor reiterated Nigeria’s resolve to entrench transparent markets, predictable policy frameworks, and disciplined economic management. He noted that recent reforms are aimed at restoring confidence, stabilising the economy, and unlocking sustainable growth driven by the private sector.
According to Cardoso, key pillars of the reform programme include foreign-exchange market reforms, the adoption of orthodox monetary policy, banking-sector reforms, and the modernisation of the payments system.
“These reforms are central to stabilising the economy and creating an environment that supports long-term, private-sector-led growth,” he said.
The roundtable, convened by the U.S. Chamber of Commerce’s U.S.-Africa Business Centre, focused on macroeconomic stabilisation, regulatory clarity, and opportunities to scale bankable projects across priority sectors of the Nigerian economy.
Discussions also explored ways to reinforce and deepen commercial ties between Nigeria and the United States, particularly in areas where policy reforms are creating new investment openings.
Commenting on the engagement, Ms. Kendra Gaither, President of the U.S.-Africa Business Centre at the U.S. Chamber of Commerce, said global investors are increasingly prioritising policy credibility and consistency.
“What investors are responding to today is clarity, clear rules, credible reforms, and a seriousness of purpose. Nigeria’s message is increasingly one of discipline and opportunity, and that matters in a global economy seeking actively for stability and predictability,” she stated.
The CBN Governor’s engagement forms part of broader efforts by Nigerian authorities to reposition the economy, strengthen investor confidence, and attract long-term capital flows.
