By Mary Onyia
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has been honoured with an international award in recognition of his outstanding leadership and reforms at Nigeria’s apex bank. The award acknowledges his efforts in stabilising the financial system, strengthening monetary policy, and restoring investor confidence in the country’s economy.
Since assuming office, Cardoso has introduced a series of measures aimed at improving transparency in the foreign exchange market, tackling inflationary pressures, and enhancing the credibility of the banking sector. His policies have attracted praise from local and international stakeholders who say the reforms are helping to reposition Nigeria’s economy for sustainable growth.
Speaking on the recognition, Cardoso dedicated the award to the staff of the Central Bank and reaffirmed the institution’s commitment to maintaining price stability and supporting economic development. Analysts say the honour reflects growing confidence in the bank’s reform agenda and its efforts to build a more resilient financial system.