By Kadiri Abdulrahman
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Wednesday, hosted a delegation from British International Investment (BII).
A statement from the CBN said the BII delegation was led by its Chair, Ms Diana Layfield and the British High Commissioner to Nigeria, Mr Richard Montgomery.
The statement said that the meeting was part of ongoing efforts to deepen financial sector reforms and attract long-term investment.
“The Governor reaffirmed the CBN’s commitment to macroeconomic stability, credible monetary policy, and a transparent, data-driven regulatory framework.
“It is aimed at strengthening the resilience of the banking system and improving financial intermediation,” it said.
It said that the discussions focused on developments in the financial services sector, BII’s investment outlook, and opportunities to deploy patient capital in support of banking sector stability, financial inclusion, and sustainable private-sector growth.
“The governor noted that DFIs providing long-term capital and strong governance remain key partners in Nigeria’s reform agenda.
“Layfield reaffirmed BII’s continued interest in Nigeria’s financial services sector, emphasising the importance of regulatory clarity and sustained engagement to support investment and inclusive growth,” it said.
The News Agency of Nigeria (NAN) reports that BII is the UK’s development finance institution, wholly owned by the UK Government through the Foreign, Commonwealth and Development Office (FCDO).
It has a total assets of 9.9 billion pounds supporting over 1,600 businesses across emerging markets.(NAN) (www.nannews.ng)
Edited by Bayo Sekoni
