Thursday, June 4, 2026

The Sun Nigeria

Cardoso woos US investors with Nigeria’s reform agenda

CBN Governor Olayemi Cardoso

CBN Governor Olayemi Cardoso

From Adanna Nnamani, Abuja

The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has engaged senior US business leaders and institutional investors on Nigeria’s ongoing economic reforms and emerging market opportunities at the US–Nigeria Executive Business Roundtable in Washington, DC.

Speaking at the forum on Monday, Cardoso outlined Nigeria’s reform agenda aimed at restoring macroeconomic stability, strengthening investor confidence and unlocking private-sector-led growth.

According to a statement from the apex bank, the CBN governor highlighted recent foreign exchange market reforms, the adoption of orthodox monetary policy, banking sector reforms and payments system modernisation as key pillars supporting a more transparent and predictable investment environment.

He said the reforms are designed to entrench rules-based economic management and ensure market transparency at a time of heightened global economic uncertainty. He stressed that policy consistency and regulatory clarity remain central to Nigeria’s efforts to attract long-term investment and deepen capital inflows.

The roundtable, convened by the US Chamber of Commerce’s US-Africa Business Center, focused on macroeconomic stabilisation, regulatory reforms and opportunities to scale bankable projects across priority sectors of the Nigerian economy. Discussions also explored ways to deepen commercial engagement between Nigeria and the United States.

Commenting on the engagement, President of the US-Africa Business Center, Ms Kendra Gaither, said investors are increasingly driven by credibility and consistency in policy direction. “What investors are responding to today is clarity, clear rules, credible reforms, and a seriousness of purpose. Nigeria’s message is increasingly one of discipline and opportunity, and that matters in a global economy seeking stability and predictability,” she said.