CBN Reaffirms Commitment to Financial Sector Reforms

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Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reaffirmed the country’s commitment to financial sector reforms and macroeconomic stability.
Mr Cardoso made this known while hosting a high-level delegation from British International Investment, the United Kingdom’s development finance institution, in Abuja.
The delegation, led by its Chair, Diana Layfield, and accompanied by the British High Commissioner to Nigeria, Richard Montgomery, met with the CBN as part of ongoing engagement with long-term institutional investors.
During the meeting, the CBN Governor stressed the bank’s resolve to strengthen monetary policy credibility, restore confidence in the financial system, and enhance regulatory transparency through data-driven supervision.
He noted that Development Finance Institutions remain critical to Nigeria’s reform agenda, especially in attracting long-term capital to stabilise the banking sector and expand access to finance.
Discussions focused on recent developments in Nigeria’s financial services sector, investment opportunities in banking stability, financial inclusion, and private-sector-led growth.
In her remarks, BII Chair Diana Layfield reaffirmed the organisation’s strong interest in Nigeria, emphasising the importance of regulatory clarity, policy consistency, and sustained engagement to unlock investment and drive inclusive growth.
The meeting was attended by senior BII officials, including its Chief Executive Officer, Leslie Maarsdorp, and other board and regional directors.
British International Investment, formerly CDC Group, is wholly owned by the UK Government and manages assets valued at nearly ten billion pounds, supporting over 1,600 businesses across emerging markets.

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