ABUJA – The Central Bank of Nigeria (CBN), under Governor Olayemi Cardoso, recently hosted a delegation from Harvard Kennedy School (HKS) and other institutions like Harvard Business School, MIT, and Stanford University. This engagement, part of the HKS Africa Trek, highlights the CBN’s interest in fostering intellectual discourse and leveraging policy-driven solutions for Nigeria’s economic advancement.
Governor Cardoso, an HKS alumnus, emphasized the importance of exchanging ideas and building partnerships. He highlighted the CBN’s commitment to becoming a hub for thought leadership, recognizing the exposure that institutions like Harvard provide. This interaction presents an opportunity to cultivate long-term alliances that can strengthen trust and understanding within Nigeria’s financial ecosystem.
Addressing the current economic climate, Governor Cardoso acknowledged recent challenges but pointed to progress in stabilizing the foreign exchange market and curbing inflation. He also highlighted visits from executives from JP Morgan and Citi Bank, alongside representatives from the International Monetary Fund (IMF), as indicators of growing investor confidence in the Nigerian economy, suggesting that Nigeria is on the right economic trajectory.
Representatives from the Harvard Kennedy School Alumni Association of Nigeria (HKSAAN) and the HKS Nigeria Trek Delegation expressed appreciation for the CBN’s hospitality. They lauded the bank’s commitment to engaging with future policymakers, providing them with insights into Nigeria’s economic landscape. This visit marked the first time an Africa Trek delegation has engaged directly with the Central Bank of Nigeria, solidifying the CBN’s role as an institution open to knowledge exchange and strategic collaborations for national development.
About The Author
