Nigeria’s economic growth prospects continue to gain momentum, as the country’s reform trajectory and improving macroeconomic fundamentals attract growing interest from international investors.
In a high-level meeting between the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the CEO of Renaissance Capital Africa Investors, Samuel Sule held in his office in Abuja today, discussions focused on Nigeria’s economic outlook and investor sentiment. It also highlighted a notable shift in investor appetite—from Eurobonds to local currency instruments and increasingly to equity investments—signalling growing confidence in Nigeria’s reform trajectory.
HM Edun pointed to key macroeconomic improvements, including a stabilised exchange rate, a downward trend in inflation, and stronger fiscal discipline. He also emphasised infrastructure projects, energy sector reforms, and performance-based targets in conjunction with the World Bank as central to the administration’s strategy for attracting long-term capital.
The meeting reinforced Nigeria’s ambition to position itself as a prime destination for international investment through private sector-driven growth and economic resilience.
This development is expected to have a positive impact on the country’s economic growth and development. As Nigeria continues to implement reforms and attract international investment, the country is poised to become a hub for business and economic activity in the region.
Signed
Mohammed Manga, FCAI
Director, Information and Public Relations
April 4, 2025
