The Central Bank of Nigeria (CBN) Governor Olayemi Cardoso convened a series of high-level strategic meetings on Thursday at the Bank’s Head Office in Abuja, emphasizing the institution’s commitment to fostering robust partnerships with key national and international stakeholders to support Nigeria’s economic growth and financial stability.
During the session, Governor Cardoso warmly welcomed Wautabouna Quattara, Executive Director for Africa West at the International Monetary Fund (IMF). The meeting provided an opportunity to discuss ongoing collaboration between the CBN and the IMF, focusing on economic reforms, monetary policy frameworks, and strategies to enhance Nigeria’s financial resilience amid global economic uncertainties. Both parties emphasized the importance of continued dialogue to support Nigeria’s macroeconomic stability and sustainable development goals.
In another key engagement, Governor Cardoso met with Dr. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS). The working visit centered on strengthening coordination between the CBN and FIRS to optimize revenue mobilization and enhance the efficiency of Nigeria’s fiscal system. Discussions also covered innovative approaches to tax administration, digitalization efforts, and ways to improve compliance and broaden the tax base—all critical for funding national infrastructure and social programs.
Further reinforcing the CBN’s focus on housing finance, Governor Cardoso held productive talks with the executive delegation of the Mortgage Banking Association of Nigeria (MBAN). The delegation comprised prominent figures including MBAN President Mr. Ayo Olowookere, Mr. Arinze Adigwe, Mr. Kehinde Ogundinmu, Ms. Glory Chukwu, and Mr. Adedeji Ajadi. The discussions explored opportunities to deepen mortgage financing, address challenges in the housing sector, and promote affordable homeownership for Nigerians. Governor Cardoso reiterated the Bank’s commitment to supporting the mortgage industry through innovative policy measures and regulatory frameworks aimed at expanding access to long-term housing finance.
These strategic engagements reflect the Central Bank of Nigeria’s proactive approach to collaboration across various sectors, recognizing that partnerships with international organizations, government agencies, and industry bodies are pivotal to achieving inclusive economic development and financial sector stability.
Governor Cardoso’s meetings on August 7, 2025, mark a continued effort to align the Central Bank’s policies with national priorities and global best practices, reinforcing Nigeria’s position as a key player in Africa’s economic landscape.
