Safiu Kehinde
Central Bank of Nigeria’s Governor, Olayemi Cardoso, has assured investors and stakeholders of economic stability.
Speaking at the Launch of the Nigerian Economic Summit Group (NESG) 2024 Macroeconomic Outlook Report, Cardoso, stated his optimism of significant positive changes in the Nigerian economy.
“Investors, both local and foreign, and other stakeholders, can rest assured that the economy will transition to a new state of stability in the short-to-medium term as we recalibrate our policy toolkits and implement far-reaching measures” Cardoso said.
He revealed that apex bank’s plan to improve liquidity of the foreign exchange market.
“We are implementing a comprehensive strategy to improve liquidity in our FX markets in the short, medium, and long term.
“Our focus is on addressing fundamental issues that have hindered the effective operation of our markets over the years” The CBN Governor added.