Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), said the apex bank’s reform programme is helping restore confidence in the economy after receiving the Central Bank of the Year Award in London, citing progress in foreign exchange reforms, banking sector recapitalisation and institutional strengthening.
Speaking at the Central Banking Awards ceremony on Wednesday, Cardoso said the recognition reflected the collective efforts of the Central Bank’s board, management and staff in implementing reforms aimed at strengthening policy credibility, improving resilience and laying the foundation for sustainable economic growth.
The award comes at a time when Nigeria is pursuing wide-ranging monetary and financial sector reforms designed to stabilise the economy, improve investor confidence and strengthen the financial system.
“I accept this award on behalf of the Board, Management and staff of the Central Bank of Nigeria,” Cardoso said during his acceptance speech.
“Above all, it belongs to the many dedicated professionals who serve our institution with integrity, expertise, and an unwavering commitment to the public good.”
