Foreign investors’ patience with Cardoso wears thin as reforms stall

CBN strengthen new leadership with 16 directors

Yemi Cardoso, CBN governor

Foreign investors’ patience with Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), is wearing thin over his reluctance to discontinue the apex bank’s punitive bank rules and raise market interest rates. Cardoso, who was appointed last year, promised structural reforms at the CBN

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```