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Governor Cardoso Reaffirms CBN’s Commitment to Transparency and Policy Stability in Dialogue with Nobel Laureate

By: Dirisu Aruna

In a compelling fireside chat, Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, engaged with Nobel Prize-winning economist, Dr. James Robinson, to reaffirm the Bank’s commitment to restoring confidence through orthodox monetary policy, transparency, and consistency.

Speaking during the high-level dialogue, Governor Cardoso emphasized the urgent need to rebuild trust in Nigeria’s financial system. “We inherited a crisis of confidence, but we chose a different path. We’re not turning back,” he declared, reinforcing his administration’s dedication to credible and predictable economic governance.

Dr. Robinson, who is the Reverend Richard L. Pearson Professor at the University of Chicago and Director of the Pearson Institute for the Study and Resolution of Global Conflicts, brought a global perspective to the discussion, highlighting the role of institutional trust in economic development.

The event was opened by Tal Cohen, President of Nasdaq, and anchored by Dr. Nkiru Balonwu, Adviser on Stakeholder Engagement at the CBN. Temi Popoola, Group CEO of the Nigerian Exchange Group (NGX), moderated the Q&A session, while Dr. Olubukola Akinniyi Akinwunmi, Director of the CBN’s Banking Supervision Department, delivered the closing remarks.

The CBN Board and Monetary Policy Committee (MPC) were also well-represented at the event by US-based diaspora members Mr. Robert Agbede, Professor Melvin Ayogu, and Dr. Aloysius Ordu. Their presence underscored the Bank’s global outlook and its commitment to harnessing Nigerian expertise worldwide.

The engagement reflects a broader strategy by the CBN to foster transparency, policy continuity, and international collaboration as it navigates the challenges of economic recovery.

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