{"id":26451,"date":"2025-02-18T09:27:04","date_gmt":"2025-02-18T09:27:04","guid":{"rendered":"https:\/\/techandbiz.com.ng\/tab-backup\/?p=26451"},"modified":"2025-02-18T09:27:56","modified_gmt":"2025-02-18T09:27:56","slug":"cbn-governor-advocates-stronger-economic-ties-at-alula-economic-policy-conference","status":"publish","type":"post","link":"https:\/\/techandbiz.com.ng\/tab-backup\/2025\/02\/18\/cbn-governor-advocates-stronger-economic-ties-at-alula-economic-policy-conference\/","title":{"rendered":"CBN Governor Advocates Stronger Economic Ties at AlUla Economic Policy Conference"},"content":{"rendered":"<h3><span style=\"color: #63636a; font-size: 14px; font-weight: 400;\">\u00a0The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has called for stronger economic ties between Nigeria, the Middle East, and the Nigerian diaspora community in the region. His remarks came during the inaugural <\/span><strong style=\"color: #63636a; font-size: 14px;\">Economic Policy Conference for Emerging Market Economies<\/strong><span style=\"color: #63636a; font-size: 14px; font-weight: 400;\">, organized by the <\/span><strong style=\"color: #63636a; font-size: 14px;\">Saudi Arabian Ministry of Finance<\/strong><span style=\"color: #63636a; font-size: 14px; font-weight: 400;\"> and the <\/span><strong style=\"color: #63636a; font-size: 14px;\">International Monetary Fund (IMF) Regional Office in Riyadh<\/strong><span style=\"color: #63636a; font-size: 14px; font-weight: 400;\">.<\/span><\/h3>\n<p>Speaking on the theme <strong>\u201cPolicy Challenges Amid Structural Shifts in the World Economy,\u201d<\/strong> Governor Cardoso highlighted Nigeria\u2019s ongoing economic reforms and the CBN\u2019s unwavering commitment to macroeconomic stability. He emphasized the importance of <strong>policy consistency and long-term resilience<\/strong> in fostering sustainable economic growth.<\/p>\n<p>A key focus of his address was the <strong>role of digitalization<\/strong> in expanding financial inclusion across Nigeria. He underscored the impact of <strong>mobile money services and tech-driven financial solutions<\/strong> in reaching underserved communities, particularly women. <em>\u201cDigitalization is key to Nigeria\u2019s financial inclusion efforts,\u201d<\/em> Cardoso stated, reaffirming the CBN\u2019s strategy to leverage technology for broader economic participation.<\/p>\n<p>Furthermore, the CBN Governor reaffirmed the bank\u2019s <strong>recapitalization mandate<\/strong>, noting that the initiative is <strong>strengthening Nigeria\u2019s financial sector<\/strong> and ensuring that banks are well-equipped to withstand future economic shocks.<\/p>\n<p>Despite global economic uncertainties, Cardoso expressed confidence in Nigeria\u2019s policy trajectory. <em>\u201cNigeria\u2019s tough but necessary policy decisions are paying off,\u201d<\/em> he concluded.<\/p>\n<p>The AlUla Economic Policy Conference serves as a key platform for policymakers to address economic challenges and opportunities in emerging markets, with Nigeria positioning itself as a strategic player in global economic discussions.<\/p>\n<h3><strong>Tags:<\/strong><\/h3>\n<p>#AlUlaCEME2025 #NigeriaEconomy #FinancialInclusion #EconomicReforms #CBNCBN<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has called for stronger economic ties between Nigeria, the Middle East, and the Nigerian diaspora community in the region. His remarks came during the inaugural Economic Policy Conference for Emerging Market Economies, organized by the Saudi Arabian Ministry of Finance and the International [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26454,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,346,366,317],"tags":[],"class_list":["post-26451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-culture","category-economy","category-finance"],"_links":{"self":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/posts\/26451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/comments?post=26451"}],"version-history":[{"count":0,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/posts\/26451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/media\/26454"}],"wp:attachment":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/media?parent=26451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/categories?post=26451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/tags?post=26451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}