At the conclusion of the International Monetary Fund (IMF) and World Bank Group Spring Meetings in Washington DC, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, spoke to newsmen about the positive developments in Nigeria’s economy.
Cardoso emphasized that the country’s bold policy reforms have strengthened Nigeria’s economic fundamentals and restored investor confidence. He pointed out that despite global economic uncertainties, Nigeria’s proactive steps are positioning the country for long-term sustainable growth.
According to Cardoso, the meetings came at a critical time when economies worldwide face heightened uncertainty. He said Nigeria’s delegation used the platform to showcase the country’s reforms and seek new strategies to boost macroeconomic stability, financial system resilience, and inclusive growth.
He noted that ongoing efforts to improve foreign exchange inflows and enhance financial stability are key elements of Nigeria’s growth plan. Cardoso concluded that Nigeria remains committed to building stronger economic safeguards to withstand future global shocks.
