- CBN’s Commitment: Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has pledged to redouble efforts to sustain the gains of recent reforms.
- Inflation Target: The CBN aims to bring inflation down to single digits to protect household purchasing power.
- Macroeconomic Stability: The bank’s decisive actions have strengthened monetary buffers and positioned Nigeria to withstand external shocks.
- Economic Recognition: Nigeria is increasingly recognized as a rising economic force, with growing confidence among international investors.
Cardoso highlighted the CBN’s focus on achieving macroeconomic stability and reducing inflation to single digits. He emphasized the importance of protecting household purchasing power and laying the foundation for long-term investment.
The CBN’s efforts to sustain reform gains and achieve economic stability are expected to enhance Nigeria’s economic prospects and attract more investment. Cardoso’s statement underscores the bank’s commitment to delivering results and promoting economic growth.
