The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has affirmed that the Nigerian economy is stable. He made this known during a press briefing following the conclusion of the Bank’s 300th Monetary Policy Committee meeting on Tuesday. According to Cardoso, investor confidence in the Nigerian economy has significantly improved over the past eighteen months. Responding to questions on how improved macroeconomic fundamentals of the Nigerian economy are impacting the lives of Nigerians, he said, “Investors do not go to where there is economic instability. They don’t go out to lose money but to make a profit. With that stability comes confidence and then investment and growth. “What is now being recognised is that the Nigerian economy is not stable. The inflation numbers speak for themselves.”