Nigeria, March 26 -- Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has declared that Nigeria has moved beyond what he described as a deeply flawed economic system, assuring foreign investors that reforms are laying the foundation for a transparent, stable and investor-friendly economy.

Mr Cardoso spoke during a fireside chat with Odile Renaud-Basso, president of the European Bank for Reconstruction and Development (EBRD), at the Africa Capital Forum held in London on March 17.

The high-level gathering, themed "From Stabilisation to Capital Mobilisation," brought together policymakers, institutional investors, development finance institutions, fintech leaders and members of the Nigerian diaspora to assess Nigeria's refo...