The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has described recent visits by top executives from JP Morgan, Citi Bank, and the International Monetary Fund (IMF) as clear indications of growing investor confidence in Nigeria’s economic direction.
The CBN Governor pointed to progress in stabilizing the foreign exchange market and curbing inflation, addressed key economic issues and acknowledged recent challenges.
Speaking during a meeting with a delegation of scholars from the Harvard Kennedy School (HKS) Africa Trek at the CBN headquarters in Abuja, Mr. Cardoso noted that these financial leaders base their decisions on data and trends rather than sentiment.
“Their interest shows that we are on the right path,” he remarked. The Africa Trek delegation, which included 50 students from 19 countries, comprised representatives from HKS, Harvard Business School, the Massachusetts Institute of Technology (MIT), and Stanford University.
Their visit to Nigeria followed an earlier stop in Ghana, as part of a broader initiative to engage with key policymakers and economic stakeholders across the continent.
