CBN intervention programmes weakened monetary policy – Cardoso

Twentyfirstcenturychronicle | 26-05-2026 01:57am |

Olayemi Cardoso, the Governor of the Central Bank of Nigeria, has expressed concerns regarding calls for the bank to reintroduce its past intervention programmes. He highlighted that these initiatives had previously led to distortions in the bank's financial standing and diminished the effectiveness of its monetary policy. Cardoso made these remarks during his opening address at a recent event, emphasizing the importance of maintaining a stable monetary framework.

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