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Yes Africa > Blog > Africa Development > African Banker names Cardoso Central Bank Governor of the Year
Africa DevelopmentEconomy

African Banker names Cardoso Central Bank Governor of the Year

Christabel Airo
Last updated: 2025/05/30 at 11:32 AM
Christabel Airo
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Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has been named the Central Bank Governor of the Year at the 2025 African Banker Awards Gala.

A statement from the CBN yesterday said the ceremony, which held in Abidjan, Côte d’Ivoire, brought together senior government officials, development finance leaders, and top executives from across Africa’s banking industry.

The award was presented by African Banker magazine and celebrates Mr. Cardoso’s leadership in spearheading critical monetary and regulatory reforms that have helped restore stability to Nigeria’s financial landscape.

Organisers credited the award to his “bold and strategic” decisions that have strengthened market confidence and laid the foundation for sustained economic growth.

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In its official statement, the Awards Committee commended the Central Bank’s implementation of measures aimed at stabilising the naira and addressing volatility in the foreign exchange market. It also acknowledged the push for greater transparency and the restoration of policy credibility under Cardoso’s leadership.

Event organisers said the recognition is a testament to the Central Bank’s role in addressing structural challenges in the financial system, managing market expectations, and repositioning Nigeria’s economy on a path of sustainable growth.

This year’s ceremony attracted a broad spectrum of stakeholders, including finance ministers, central bank governors, CEOs of commercial and development banks, and other influential figures from across the continent.

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