Cardoso Reaffirms CBN’s Commitment to Financial Sector Reforms, Long-Term Capital Inflows
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to financial sector reforms and the attraction of long-term capital inflows, as he hosted a high-level delegation from British International Investment (BII) in Abuja.
The delegation, led by BII Chair Diana Layfield and accompanied by the British High Commissioner to Nigeria, Richard Montgomery, was received as part of the CBN’s ongoing efforts to strengthen macroeconomic stability and attract patient capital into Nigeria’s financial system.
According to the CBN, Cardoso emphasised the bank’s focus on credible monetary policy, transparent regulation, and data-driven supervision aimed at deepening financial intermediation and strengthening the resilience of the banking sector.
He noted that development finance institutions with long-term investment horizons and strong governance frameworks remain critical partners in Nigeria’s reform agenda, particularly in stabilising the financial system, expanding financial inclusion, and supporting private-sector-led growth.
Discussions during the meeting covered recent developments in Nigeria’s financial services sector, BII’s investment outlook, and opportunities for deploying long-term capital to support banking sector stability and sustainable economic growth.
In her remarks, Layfield reaffirmed BII’s continued interest in Nigeria, describing the country’s financial services sector as a key investment destination. She stressed the need for regulatory clarity and sustained engagement with policymakers to unlock investment and promote inclusive growth.
The meeting was attended by senior BII officials, including Chief Executive Officer Leslie Maarsdorp; Non-Executive Directors Andrew Alli and Simon Rowlands; Managing Director and Head of Africa Chris Chijiutomi; and West Africa Regional Director and Head of the Nigeria Office, Benson Adenuga.
Senior officials from the British High Commission were also present.
