Olayemi Cardoso, governor, Central Bank of Nigeria (CBN), said on Tuesday that the naira has become more stable and competitive following a series of early and sustained monetary and fiscal reforms that helped shield the economy from recent global financial turbulence. Speaking to journalists in Abuja after the Monetary Policy Committee meeting, Cardoso outlined progress in rebuilding investor confidence and shoring up Nigeria’s external buffers. He emphasised that the recent upgrade by Fitch Ratings, coming amid heightened global uncerta
Olayemi Cardoso, governor, Central Bank of Nigeria (CBN), said on Tuesday that the naira has become more stable and competitive following a series of early and sustained monetary and fiscal reforms that helped shield the economy from recent global financial turbulence. Speaking to journalists in Abuja after the Monetary Policy Committee meeting, Cardoso outlined progress in rebuilding investor confidence and shoring up Nigeria’s external buffers. He emphasised that the recent upgrade by Fitch Ratings, coming amid heightened global uncerta