Newly Appointed CBN Governor Olayemi Cardoso Pledges to Address Forex Obligations and Inflation

During his recent confirmation hearing with the Senate, Olayemi Cardoso, the newly appointed Governor of the Central Bank of Nigeria (CBN), outlined his immediate priorities to stabilize the nation’s financial landscape. Foremost among his goals is addressing the backlog of unsettled foreign exchange obligations held by the CBN. Cardoso stressed the importance of resolving this issue promptly, recognizing its significance in restoring stability to the forex market.

In addition to clearing these financial obligations, Cardoso aims to introduce greater transparency, strengthen corporate governance, and instill confidence in the autonomy and integrity of the central bank.

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https://www.veryserial.com/cbn-gov-vows-to-settle-dollar-debts/