Cardoso Assures Youths CBN Will Sustain Economic Stability, Transparency!
Reported by Marian Opeyemi Fasesan | Sele Media Africa
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to economic stability, policy transparency, and financial system trust-building, particularly among Nigeria’s youth population.
Key Highlights
- Speaking during a youth-focused financial literacy event in Abuja, Cardoso noted that young Nigerians are key drivers of innovation and economic transformation, and must be actively engaged in the country’s financial future.
- He emphasized that the CBN is strengthening its monetary policy framework to ensure low inflation, stable exchange rates, and investor confidence.
- Cardoso also pledged continued transparency in forex management, and reaffirmed the CBN’s stance against market manipulation.
Why It Matters
- Nigeria’s economy has faced volatility marked by inflation, forex instability, and weakened public confidence in financial institutions.
- Engaging the youth is seen as essential to rebuilding trust, boosting digital inclusion, and improving participation in the formal economy.
What to Watch
- Implementation of reforms targeting SME financing, youth entrepreneurship, and tech innovation.
- Updates from the CBN on forex policy, digital banking, and financial inclusion metrics.
Citations:
- Punch NG – CBN Governor assures Nigerian youths of economic reforms
- The Guardian Nigeria – Cardoso promises transparency in monetary policy
About The Author
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