Nigeria’s stability will attract long-term investment — Cardoso

By Babajide Komolafe, Economy Editor
Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, has said sustained macroeconomic stability, declining inflation and confidence in policy direction will attract long-term investment into Nigeria, boosting production and creating jobs.
Cardoso, who spoke alongside the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele at the 2026 IMF/World Bank Annual Meetings said Nigeria’s economic recovery was creating opportunities to deepen investor confidence and mobilise capital for productive activities.
According to him, “The global economy has shown resilience in the face of fragmentation and significant headwin...