The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, might be honoured on the Nairametrics Capital Market Selection Awards for his reform-focused management and his position in stabilizing Nigeria’s financial and monetary techniques.
The occasion, scheduled for Might 23, 2025, on the Civic Centre in Lagos, will acknowledge Dr. Cardoso with a Particular Recognition Award for his daring coverage route and stabilizing affect since assuming management of the apex financial institution.
“This award is in recognition of Dr. Olayemi Cardoso’s reform-oriented management and stabilizing affect on Nigeria’s financial and monetary techniques. His dedication to macroeconomic stability, inflation management, and alternate fee realignment has helped restore investor confidence,” the award quotation states.
Dr. Cardoso’s tenure has seen a decisive shift within the CBN’s posture in the direction of transparency, market self-discipline, and investor-focused financial coverage.
He has prioritized inflation concentrating on, international alternate market liberalization, and a clean-up of legacy distortions that had lengthy eroded belief in Nigeria’s financial authority.
Maybe most notably, Dr. Cardoso has led the bold plan to recapitalize Nigeria’s business banks, a transfer that seeks to enhance the sector’s capability to assist Nigeria’s long-term financial progress and put together for a $1 trillion financial system.
This coverage, introduced in early 2024, has already begun to reshape investor sentiment towards Nigerian monetary establishments, with listed banks responding via public affords, rights points, and strategic fundraising.
Beneath his management, the CBN has additionally sought to enhance coordination with fiscal authorities, align financial instruments with financial realities, and regularly rebuild Nigeria’s international reserves, sending sturdy indicators to each native and worldwide traders.
The Nairametrics Capital Market Selection Awards intention to acknowledge coverage and trade leaders whose work has considerably impacted capital formation, investor safety, and monetary system integrity.
Dr. Cardoso’s recognition comes as a part of a broader acknowledgement of the essential position that financial coverage performs in market improvement.
