Cardoso, Wins African Central Bank Governor of the Year Award
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has been honored with the prestigious Central Bank Governor of the Year award at the 2025 African Banker Awards Gala.
The ceremony, which took place in Abidjan, Côte d’Ivoire, brought together top dignitaries, including senior government officials, development finance leaders, and executives from Africa’s banking industry.
The award, presented by African Banker magazine, recognizes Mr. Cardoso’s outstanding leadership and vision in implementing critical monetary and regulatory reforms that have helped stabilize Nigeria’s financial landscape.
According to the organizers, Mr. Cardoso’s “bold and strategic” decisions have strengthened market confidence and laid the foundation for sustained economic growth.
The Awards Committee commended the CBN’s efforts under Mr. Cardoso’s leadership, particularly in implementing measures to stabilize the naira and address volatility in the foreign exchange market.
The committee also acknowledged the push for greater transparency and the restoration of policy credibility, which have been hallmarks of Mr. Cardoso’s tenure.
This award is a testament to the CBN’s commitment to promoting economic stability and growth in Nigeria. Under Mr. Cardoso’s leadership, the bank has implemented several initiatives aimed at strengthening the financial system, improving access to credit, and promoting economic development.
The African Banker Awards is a prestigious annual event that recognizes excellence and innovation in the African banking industry.
The awards ceremony is attended by top banking professionals, policymakers, and business leaders from across the continent.
In a statement, the CBN said it was proud of the recognition and acknowledged the hard work and dedication of its staff, who have worked tirelessly to implement the bank’s policies and programs.
The award is expected to boost confidence in the Nigerian economy and reinforce the CBN’s commitment to promoting economic stability and growth.
Stakeholders in the banking industry have congratulated Mr. Cardoso on his well-deserved award.
“This award is a testament to the CBN’s efforts to stabilize the economy and promote economic growth.
“Mr. Cardoso’s leadership has been instrumental in restoring confidence in the financial system, and we expect this award to further boost investor confidence in the Nigerian economy,” said a banking industry expert.
The award has also been hailed as a recognition of Nigeria’s efforts to promote economic stability and growth in the region.
“This award is not just a recognition of Mr. Cardoso’s leadership but also a testament to Nigeria’s commitment to promoting economic development in the region,” said a regional economic expert.
