CBN: Economic Stability Gains Will Soon Reach Households, Businesses

The Central Bank of Nigeria (CBN) has assured Nigerians that the benefits of recent improvements in the country’s macroeconomic indicators will increasingly reach households and businesses as ongoing fiscal and monetary reforms take effect.

CBN Governor, Olayemi Cardoso, gave the assurance on Tuesday, September 8, 2026, at the 19th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja. He was represented by the Deputy Governor, Economic Policy, Philip Ikeazor.

Ikeazor acknowledged concerns that improvements in economic indicators had not yet translated fully into better living conditions for many Nigerians. He said stronger coordination between monetary and fiscal authorities was aimed at ensuring that economic stabilisation ultimately delivers tangible benefits to households and businesses.

The assurance comes against the backdrop of recent economic improvements. Nigeria’s economy grew by 4.43 per cent year-on-year in the second quarter of 2026, while headline inflation fell to 15.43 per cent in July.