Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), stated on Friday that the country’s economy is now stronger.
He specifically noted that Nigeria and Ethiopia are a major contributors to the continent’s economic recovery, noting that the country can withstand external shocks more than ever in its history.
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Additionally, Cardoso added that the financial stability of the Nigerian banking sector is anticipated to grow into 2026 as a result of the most recent stress tests conducted within the subsector.
At the Chartered Institute of Bankers of Nigeria (CIBN)’s 60th annual dinner in Lagos, the CBN governor made the statement during his keynote address.
Source: Channels TV
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