The Centre for the Promotion of Private Enterprise (CPPE) has declared that the leadership of the Central Bank of Nigeria (CBN) under Yemi Cardoso has achieved improved liquidity, transparency and credibility with reforms that liberalised and unified the foreign exchange (FX) market.
This was stated by the Chief Executive Officer of CPPE, Muda Yusuf, during the weekend in a press statement titled, “Two Years of Yemi Cardoso as CBN Governor: Achievements and Emerging Concerns.”
Yusuf pointed out the leadership of Cardoso has brought about significant transformation of Nigeria’s financial system, which has yielded transparency, credibility, and stability.
He therefore said the next phase of reform must focus on achieving a more balanced policy stance that supports growth while preserving macroeconomic stability.
According to him, addressing structural financing gaps and sustaining governance reforms would be critical for unlocking the financial sector’s full potential as a driver of inclusive economic development.
