The Central Bank of Nigeria, CBN, has expressed growing optimism over the trajectory of the Nigerian economy, citing improvements in inflation control, foreign exchange stability, and renewed public confidence in the naira.
Governor of the apex bank, Mr. Olayemi Cardoso, disclosed this during the 301st meeting of the Monetary Policy Committee, MPC, held in Abuja, according to a statement released by the CBN.
Cardoso attributed the positive outlook to far-reaching reforms under his leadership, which he said have restored investor confidence, ensured relative exchange rate stability, and resulted in a favourable trade surplus.