CBN Gov reassures U.S. investors on Nigeria’s economic reforms, stability

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reaffirmed Nigeria’s commitment to macroeconomic stability and market-driven reforms during high-level engagements with U.S. business leaders and institutional investors in Washington, D.C.

Cardoso spoke on Monday, December 15, 2025, at the U.S.–Nigeria Executive Business Roundtable, where he outlined Nigeria’s ongoing reform agenda amid rising global economic uncertainty.

He emphasised the country’s dedication to rules-based economic management, transparent markets, and predictable policy frameworks as key pillars for restoring confidence and driving sustainable growth.

The CBN governor highlighted recent reforms in the foreign exchange market, the adoption of orthodox monetary policy measures, continued banking sector reforms, and the modernisation of the payments system, noting that these steps are critical to stabilising the economy and supporting private-sector-led development.

The roundtable, convened by the U.S. Chamber of Commerce’s U.S.-Africa Business Center, focused on macroeconomic stabilisation, regulatory clarity, and opportunities to scale bankable projects across priority sectors of the Nigerian economy.

The discussions also underscored efforts to deepen commercial and investment ties between Nigeria and the United States.

Speaking on the outcome of the engagement, President of the U.S.-Africa Business Center, Ms. Kendra Gaither, said investors are placing increasing emphasis on policy credibility and consistency.

“What investors are responding to today is clarity, clear rules, credible reforms, and a seriousness of purpose,” Gaither said.

“Nigeria’s message is increasingly one of discipline and opportunity, which is vital in a global economy seeking stability and predictability.”