CBN Seeks Long-Term Capital to Sustain Financial Sector Reforms

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said sustained access to long-term capital remains critical to the success of Nigeria’s financial sector reforms.

Cardoso made the remarks in Abuja during a meeting with a delegation from British International Investment, led by its chair, alongside officials of the British High Commission.

He said the apex bank remains committed to macroeconomic stability, credible monetary policy, and transparent regulation aimed at strengthening the resilience of the banking system and improving financial intermediation.

Discussions at the meeting focused on recent developments in the financial services sector, investment opportunities, and the role of development finance institutions in supporting banking stability, financial inclusion, and private sector growth.

Representatives of British International Investment reaffirmed their interest in Nigeria’s financial services sector, stressing the importance of regulatory clarity and sustained engagement to attract patient capital.

The central bank said development finance institutions providing long-term funding and strong governance support remain key partners in Nigeria’s reform agenda as it seeks to restore confidence and attract increased capital inflows.