Nigeria’s central bank is taking its reform message to global investors, projecting policy stability and renewed macroeconomic discipline as it seeks sustained capital inflows to Africa’s largest economy.
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso told international investors in Washington, DC, that the country is committed to transparent markets, predictable policies and rules-based economic management, according to information from the bank.
Speaking at the US–Nigeria Executive Business Roundtable, Cardoso said the reforms underway are aimed at restoring confidence, stabilising the exchange rate and strengthening foreign reserves, key conditions for long-term growth.
The meeting, convened by the US Chamber of Commerce’s US-Africa Business Center, brought together senior US corporate executives, institutional investors and policy stakeholders at a time when Nigeria is pushing to reset its economy.
Cardoso said attracting sustainable capital requires credibility, stressing that the central bank is prioritising discipline and institutional trust while implementing difficult but necessary policy choices.
“As investor confidence improves, the economy stands to benefit from stronger capital inflows, improved exchange-rate stability and higher reserves,” the CBN said, citing the governor.
The central bank added that Nigeria’s reform agenda is designed to provide clarity and certainty for investors operating in an increasingly volatile global environment, as authorities seek to position the country as a stable destination for long-term investment.
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