Cardoso Vows to Sustain CBN’s Monetary Policy Overhaul

Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, on Friday, held an insightful discussion with renowned economist and Nobel laureate, Dr. James Robinson, a professor at the University of Chicago and Director of the Pearson Institute for the Study and Resolution of Global Conflicts.

The conversation, which was highlighted in a statement shared on the CBN’s official X account on Saturday, focused on Nigeria’s economic direction and the apex bank’s ongoing monetary policy strategies.

Cardoso emphasized that the CBN remains deeply committed to restoring economic stability and public trust through transparent and consistent monetary reforms.

“We inherited a trust deficit, but we have chosen a disciplined, transparent approach — and we’re staying the course,” he stated, receiving commendation from an audience that included key economic players and policy influencers.

The event featured opening remarks from Nasdaq President, Tal Cohen, and attracted significant attendance from global financial leaders and Nigerian professionals. CBN’s Adviser on Stakeholder Engagement, Dr. Nkiru Balonwu, hosted the discussion, while the Q&A session was led by Nigerian Exchange Group CEO, Temi Popoola.

Dr. Olubukola Akinniyi Akinwunmi, who heads the CBN’s Banking Supervision Department, delivered the closing address.

The session also reinforced the bank’s efforts to strengthen relationships with the Nigerian diaspora. Board members and members of the Monetary Policy Committee — including Mr. Robert Agbede, Prof. Melvin Ayogu, and Dr. Aloysius Ordu — were present, highlighting the CBN’s commitment to leveraging local and international expertise to foster sustainable economic growth.