🇳🇬 Nigeria 1d ago · Ayobami

Cardoso: Nigeria to replicate remittance reforms to diversify FX earnings

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Cardoso: Nigeria to replicate remittance reforms to diversify FX earnings
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*Says Nigeria must lead Africa’s investment drive through reforms



By Babajide Komolafe



The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said Nigeria will replicate the reforms that boosted diaspora remittances to diversify its foreign exchange (FX) earnings and reduce dependence on crude oil exports.



Cardoso stated this while speaking at a debate on the ‘Global Economy: Forging Resilient and Dynamic Economies for the Future’ during the ongoing IMF/World Bank

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