The Central Bank of Nigeria, CBN, has engaged Nigerian and Chinese business leaders on measures to improve cross-border payments, strengthen banking relationships and boost investment flows between both countries.
According to a statement by the apex bank on Thursday, the engagement took place at a high-level business and financial roundtable in Beijing, China, on Wednesday, October 21, 2026, as part of efforts to deepen Nigeria’s financial markets and address barriers to financial transactions between the two economies.
The roundtable, themed “Strengthening the Nigeria-China Financial Corridor", was held at the Pan Pacific Beijing, bringing together business leaders and financial stakeholders operating across both markets.
CBN Governor, Olayemi Cardoso, said direct engagement with businesses was important for identifying opportunities and constraints affecting financial activities between Nigeria and China.
He noted that understanding these challenges would help inform efforts to build deeper and more accessible financial markets while strengthening financial connectivity between the two countries.
The Deputy Governor for Economic Policy at the CBN, Philip Ikeazor, delivered the opening remarks, highlighting the need to translate Nigeria’s improving macroeconomic fundamentals into increased investment and more developed financial markets.
Nigeria’s Ambassador to China, retired Lieutenant General Abdulrahman Bello Dambazau, also addressed participants.
Other speakers included Festus Mbisiogu, Chairperson of Blue Diamond Group, and Chief Diana Chen, Chairperson of CIG Motors, who shared perspectives from businesses operating within the Nigeria-China economic corridor.
DAILY POST reports that a major focus of the meeting was an interactive session during which participants highlighted practical challenges and opportunities associated with conducting financial transactions between Nigeria and China.
CBN moves to strengthen Nigeria-China payments, boost investment