The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reiterated that under his leadership, the Bank would focus mainly on the core mandate of price stability.

The bank revealed that Cardoso restated the direction of his leadership, while playing host to the Impact Investing Community, led by the 14th Emir of Kano, Muhammadu Sanusi the second, himself a former Governor of the CBN.

Addressing the team in his office, Cardoso said that his administration was determined to change the narrative about CBN and its impact felt by Nigerians by curtailing inflation.

Meanwhile, the former Governor of the Central Bank of Nigeria, Lamido Sanusi, advised the incumbent governor of the apex bank to adopt strategic measures that will drive down the rate of inflation in the country.

Inflation has continued to accelerate in recent months and is currently at 26.72 percent as of September 2023.