Monday 5 February 2024

CBN’s 7 action plan to help revive Nigeria’s economy – Cardoso

CBN governor, Olayemi Cardoso
The governor of Central Bank Nigeria (CBN), Olayemi Cardoso, has highlighted some action plans the apex bank wants to embark on in order to help boost the economy.

Cardoso highlighted some of the plans in his first-ever exclusive interview as CBN governor and which was done by Arise Business anchor, Boason Omofaye, on Monday, February 5, 2024.

– According to Cardoso, the eventual stability of the naira will be driven by its ability to address the fundamental issues affecting the economy, bring inflation under control, and promote the growth of Nigerian businesses so that exportation will be greater than consumption.

– Cardoso revealed that the CBN is currently planning strategies to revamp the Bureau de Change segment. He said this is imperative for enhanced efficiency and aims to streamline their numbers for better management as well as supervision.


By James Agberebi.

Full story at The Guardian NG.

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