CBN, Finance Minister Tell IMF, WB, Reforms Strengthen Macroeconomic Fundamentals In Nigeria
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and CBN Deputy Governor on Economic Policy, Dr. Muhammad Sani Abdullahi, met with the Nigeria Forum of Experts working with the International Monetary Fund, IMF, and the World Bank Group, on the sidelines of the 2026 Spring Meetings in Washington DC, United States of America.
At the meeting, Governor Cardoso reiterated told participants that the CBN reforms in the foreign exchange market, monetary operations, data transparency, banking supervision, liquidity management, and payment-system modernization have significantly strengthened macroeconomic fundamentals and rebuilt key buffers.
According to Cardoso, “These reforms were not only necessary but have also proven protective. Nigeria remains a pivotal economy on the continent, with substantial regional spillovers and a critical role in the economic stability of West and Central Africa.” —