\n
The Governor of the Central Bank of Nigeria, Olayemi Cardoso has told the World Bank and International Monetary Fund to be more responsive in addressing the financial needs of African countries.<\/p>\n
In a statement by CBN on Sunday, the apex bank boss disclosed this in his remarks while participating in the high-level Bretton Woods at 80 Forum.<\/p>\n
He noted that international institutions must evolve to tackle pressing issues like sustainable development, financial inclusion, and climate resilience in the continent.<\/p>\n
\u201cCardoso\u2019s presence at this historic forum highlighted Nigeria\u2019s and Africa\u2019s growing influence in international economic discussions. His participation underscored his pivotal role as a representative of African interests, advocating for the continent\u2019s financial needs and priorities in the global economic space.<\/p>\n
The statement added that Cardoso\u2019s participation in the Forum was crucial to the development of economies in Africa and Nigeria in particular.<\/p>\n
\u201cAs the Bretton Woods institutions face calls for reform in the face of global challenges, Governor Cardoso\u2019s role in the landmark forum ensured that African perspectives were strongly represented.<\/p>\n
\u201dThe governor\u2019s involvement was particularly crucial as developing economies, especially in Africa, seek greater participation and representation in the governance and decision-making processes of global financial institutions\u201d.<\/p>\n
Tackle financial needs in Africa \u2013 Cardoso tells World Bank, IMF<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
The Governor of the Central Bank of Nigeria, Olayemi Cardoso has told the World Bank and International Monetary Fund to…<\/p>\n","protected":false},"author":1,"featured_media":51524,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4161,5279,5865,15,4304],"tags":[],"class_list":["post-51523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-cardoso","category-imf","category-news","category-world-bank"],"yoast_head":"\n
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