ABUJA/WASHINGTON, D.C. — Nigeria has assured American investors of its commitment to macroeconomic stability and market-friendly reforms, as the country intensifies efforts to attract foreign capital amid a challenging global economic climate.
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, delivered the assurance during the U.S.–Nigeria Executive Business Roundtable in Washington, D.C., on Monday, December 15. The event was hosted by the U.S. Chamber of Commerce’s U.S.-Africa Business Center.
Addressing top U.S. business leaders and institutional investors, Cardoso highlighted Nigeria’s strategic shift toward rules-based economic management, transparent markets, and predictable policies.
He pointed to key reforms already underway, including:
· The unification of the foreign-exchange market
· The adoption of orthodox monetary policies
· Comprehensive banking sector reforms
· Modernization of the payments system
These measures, Cardoso explained, are designed to foster sustainable, private-sector-led growth and enhance Nigeria’s appeal as an investment destination.
“What investors are responding to today is clarity, clear rules, credible reforms, and a seriousness of purpose,” said Ms. Kendra Gaither, President of the U.S.-Africa Business Center. “Nigeria’s message is increasingly one of discipline and opportunity, and that matters in a global economy seeking actively for stability and predictability.”
The roundtable focused on critical themes such as macroeconomic stabilization, regulatory clarity, and scaling bankable projects in Nigeria’s priority sectors, with the goal of strengthening commercial ties between the two nations.
Cardoso’s engagement forms part of Nigeria’s broader diplomatic and economic push to build confidence in President Bola Tinubu’s reform agenda, even as the country grapples with domestic challenges such as inflation and currency volatility.
The outreach signals Nigeria’s intent to position itself as a disciplined and emerging market opportunity for global capital seeking stability and long-term returns.
