CBN reforms under Cardoso lift reserves, strengthen banks – Oyalowo

CBN reforms under Cardoso lift reserves, strengthen banks – Oyalowo

Ayobami Oyalowo, Executive Director, Finance and Administration at the Ogun-Oshun River Basin Authority, said reforms implemented under Central Bank of Nigeria (CBN) Governor Olayemi Cardoso have improved Nigeria’s foreign exchange market, external reserves and banking sector.Nigerian Culture MagazineOyalowo assessed Cardoso’s three years as CBN governor, noting that the apex bank shifted toward what he described as monetary orthodoxy, with greater emphasis on price stability, market discipline and financial system supervision.

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Reported by thenationonlineng.net.

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