Banker Magazine names Cardoso as Central Bank Governor of the Year

Abidjan, May 30, 2025 – Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has been named as the Central Bank Governor of the Year.

The award was presented to Cardoso by the African Banker Magazine at the 2025 African Banker Awards Gala held in Abidjan, Côte d’Ivoire, on Wednesday, May 28, 2025.

According to the Awards Committee, the award was presented to Cardoso for steering monetary and regulatory reforms that had restored stability and confidence in Nigeria’s financial system.

It commended Cardoso for implementing key policy measures intended at stabilising the naira, improving transparency in the foreign exchange market, and re-establishing policy credibility.

The Committee said his efforts had laid the groundwork for long-term macroeconomic resilience and renewed investor confidence in Central Bank of Nigeria.

“The award reflects the Committee’s recognition of Governor Cardoso’s recent achievements and the Central Bank’s critical role in addressing market imbalances and repositioning the Nigerian economy for sustainable growth,” the committee said.

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