The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reiterated the bank’s commitment to enhancing economic cooperation between Nigeria and Saudi Arabia.
In a statement issued on Sunday, the CBN said Cardoso made the pledge during a courtesy visit to the bank’s headquarters by Saudi Arabian Ambassador to Nigeria, Faisal bin Ibrahim Alghamdi, and his delegation.
Cardoso emphasized the apex bank’s dedication to fostering partnerships across key sectors that drive economic growth.
“The Central Bank of Nigeria remains committed to advancing partnerships that will deepen economic ties between Nigeria and Saudi Arabia. We will continue to explore opportunities that yield tangible benefits for both countries,” he said.
The CBN governor also commended the Saudi government for its hospitality during the recently concluded AIUla event, organized by the Saudi Ministry of Finance in collaboration with the International Monetary Fund (IMF) Regional Office in Riyadh.
In his response, Alghamdi expressed appreciation for the warm reception and reaffirmed Saudi Arabia’s interest in expanding bilateral cooperation with Nigeria. He highlighted the Kingdom’s willingness to collaborate in key sectors such as renewable energy, agriculture, and water connectivity.
“We are eager to strengthen our relationship with Nigeria and explore mutually beneficial opportunities that will contribute to the prosperity of both nations,” Alghamdi stated.
