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Economy Stable, Outlook Positive: CBN Governor Cardoso Hails S&P Global Rating Upgrade

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Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has lauded the latest assessment by S&P Global Ratings, which upgraded Nigeria’s economic outlook from “stable” to “positive” on Friday, November 14, 2025.— LeadNaija News reports

Speaking at a strategic session in Abuja, Governor Cardoso described the revised outlook as a clear endorsement of the CBN’s ongoing monetary reforms and efforts to restore stability to the nation’s economy.

According to him, the Central Bank has in recent months “brought stability to the economy and become a beacon of hope,” noting that the upgrade reflects growing confidence in Nigeria’s fiscal and monetary direction.

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Cardoso further stated that the improved rating signals renewed investor interest, strengthens Nigeria’s credibility in the global financial market, and validates the CBN’s commitment to disciplined policy measures.

He assured that the apex bank will continue to implement reforms aimed at sustaining economic stability, improving liquidity, and strengthening the naira.

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𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!

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