CBN Governor Sets 2026 Priorities: Price Stability, Stronger Banks, Modern Payments

CBN Governor Sets 2026 Priorities: Price Stability, Stronger Banks, Modern Payments

At the 60th Annual Bankers’ Dinner, CBN Governor Olayemi Cardoso laid out the Central Bank’s key priorities for 2026, reaffirming a focused agenda centered on banking stability, price control, payment modernisation, deeper financial inclusion, and responsible fintech growth.

Cardoso highlighted notable progress made over the past year, including efforts to restore macroeconomic stability, reduce inflation, strengthen data-driven decision-making, halt monetary financing of government deficits, and narrow the foreign-exchange market gap to less than 2%. He added that Nigeria’s FX reserves are now rebuilding organically, supported by rising non-oil exports and improved market efficiency.

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According to him, the country’s banking sector remains resilient, with regulators maintaining close watch on emerging risks and systemic vulnerabilities. He also pointed to significant gains in digital payments, increased adoption of contactless card technology, stronger agent-banking oversight, and Nigeria’s successful removal from the FATF grey list—developments he described as major boosts to investor and public confidence.

Cardoso concluded by reaffirming the Bank’s commitment to disciplined, transparent, and forward-looking monetary policies designed to keep the economy stable and firmly on the path to sustainable growth.

CBN Governor Sets 2026 Priorities: Price Stability, Stronger Banks, Modern Payments