Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has emphasized that macroeconomic stability is key to attracting investors and sustaining Nigeria's economic recovery. At the G24 press briefing during the IMF/World Bank Annual Meetings, she highlighted that Nigeria's trade surplus has increased to 6 percent of GDP, attributing this to ongoing macroeconomic reforms under the Bola Tinubu administration. Cardoso stressed the importance of sound macroeconomic policies, including disciplined economic management, inflation control, and sustainable growth, all crucial for boosting investor confidence. She also noted efforts underway to strengthen currency swap frameworks with other countries to support Nigeria's external reserves and trade settlements.
Additionally, economist and former CBN Deputy Governor Kingsley Moghalu has underscored that beyond macroeconomic stability, good governance, security, strong institutions, and the rule of law are essential foundations for genuine economic transformation. He points out that protecting life and property and having effective state capacity are vital to create an enabling environment for investment and wealth creation. Moghalu emphasizes that functioning markets require capable governance to thrive.
Together, these perspectives show that macroeconomic stability combined with effective governance and institutional strength forms the cornerstone for attracting and sustaining investors in Nigeria's economy.
Regarding images, official photos of CBN Governor Olayemi Cardoso and economist Kingsley Moghalu are widely available through reputable news sources and social media covering recent economic forums and public statements. These images typically accompany reports on Nigeria's economic policies and development outlook.
