Cardoso Hosts British Investors, Pushes Financial Sector Reforms

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Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has met with a delegation from British International Investment (BII) to strengthen financial sector reforms and attract long-term investment.

The meeting took place on January 28, 2026. It included BII Chair Diana Layfield and the British High Commissioner to Nigeria, Richard Montgomery.

Focus on Financial Stability

Cardoso restated the CBN’s commitment to economic stability and clear monetary policy. He said the bank will continue to use transparent, data-based rules to strengthen Nigeria’s banking system.

He added that strong banks help improve lending and support economic growth.

Investment and Reform Talks

During the meeting, both sides discussed recent changes in Nigeria’s financial services sector. They also reviewed BII’s investment plans and opportunities for long-term capital.

Cardoso said development finance institutions remain important partners in Nigeria’s reform efforts. He stressed their role in banking stability, financial inclusion, and private-sector growth.

Layfield confirmed BII’s interest in Nigeria’s financial services sector. She said clear regulations and steady engagement remain key to investor confidence.

About British International Investment

British International Investment is the United Kingdom’s development finance institution. The UK Government owns it through the Foreign, Commonwealth and Development Office.

BII supports over 1,600 businesses across emerging markets and manages assets worth £9.9 billion.

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