United Bank for Africa (UBA) Chairman, Tony Elumelu has hailed Central Bank of Nigeria (CBN) Governor, Yomi Cardoso.

He said: “Of all the decisions the Central Bank took at the last MPC, if I were there, those are the exact decisions I would have taken in the circumstance.”

“Hopefully, let us continue and not relent. It’s still early days.”

“This is just the starting, but it seems one can be fairly and cautiously optimistic that we’re getting there. We are on the right track.”

“What I know as a transformation person is that the transformation journey takes time. And, you know it comes with a few initial pains, but (it’s good) to stay focused, stay the course, be consistent, be sincere and be committed to it.”

“What I see, you know, I mean fixing the issues, making sure that interest rate is not negative to the investor, making sure that … it’s an inflationary situation and that we’re contracting as much as possible, so that we have fewer Naira chasing dollars, giving confidence to the market.”