The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the bank’s commitment to fostering intellectual discourse and developing policy-driven financial solutions.
He made this remark while hosting a delegation of scholars from the Harvard Kennedy School (HKS) as part of their Africa Trek, which includes visits to Ghana and Nigeria.
Harvard Delegation Visits CBN Headquarters
The visit to the CBN headquarters in Abuja brought together 50 scholars from 19 countries, representing institutions such as Harvard Kennedy School (HKS), Harvard Business School, Massachusetts Institute of Technology (MIT), and Stanford University.
As an HKS alumnus and the first African elected to the global HKS Alumni Board of Directors, Cardoso highlighted the importance of knowledge exchange and strategic partnerships in fostering trust and stability in Nigeria’s financial system.
“As we reset the Bank, we are committed to being a hub for thought leadership. The exposure you gain from institutions like Harvard is invaluable, and we see this as an opportunity to build long-term alliances,” he stated.
Nigeria’s Economic Landscape and Foreign Investment
Addressing Nigeria’s economic trajectory, the CBN Governor acknowledged recent economic challenges but emphasized progress in stabilizing the foreign exchange market and curbing inflation.
He also pointed to recent visits by top executives from JP Morgan, Citi Bank, and the International Monetary Fund (IMF) as strong indicators of renewed investor confidence in Nigeria’s economy.
“These are individuals who base their decisions on data and trends, not sentiment. Their interest reaffirms that we are on the right path,” he added.
Harvard Alumni Express Appreciation
In their remarks, Ms. Adaora Ndukwe, President of the Harvard Kennedy School Alumni Association of Nigeria (HKSAAN), and Ms. Sheffy Kolade, HKS Nigeria Trek Delegation Lead, expressed gratitude to the CBN for hosting the scholars.
They emphasized the significance of such engagements in enhancing global perspectives on economic policies, financial systems, and investment opportunities in Nigeria and Africa.