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    Home»National

    Nigeria’s Investment Appeal Strengthens as Renaissance Capital Backs Economic Reforms

    National UpdateBy National UpdateApril 4, 2025 National No Comments2 Mins Read
    Wale Edun
    Wale Edun
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    Global investor confidence in Nigeria is surging, driven by the country’s bold economic reforms and improving macroeconomic fundamentals.
    This renewed optimism was evident as Mr. Wale Edun, Minister of Finance and Coordinating Minister of the Economy, met with Samuel Sule, CEO of Renaissance Capital Africa Investors, to discuss Nigeria’s economic trajectory and investment climate.

    The meeting underscored a seismic shift in investor appetite, with a move away from Eurobonds towards local currency instruments and equity investments—a clear signal that Nigeria’s reforms are restoring trust in the economy.

    Minister Edun highlighted significant macroeconomic gains, includ to stabilized exchange rates boosting market confidence, a downward inflation trend strengthening purchasing power, stronger fiscal discipline and governance driving sustainable growth and strategic infrastructure and energy sector reforms attracting long-term capital.
    Director of Information and Public Relations, Muhammed Manga in a Statement quoted Edun to have emphasized that these advancements, coupled with performance-driven economic targets in collaboration with the World Bank, are positioning Nigeria as Africa’s leading destination for foreign direct investment.
    The statement further reiterated that with private-sector-led growth at the core of its strategy, Nigeria is not just reclaiming investor trust but emerging as a dominant economic force in the region.
    As the government deepens its reform agenda, the country is set to become a global magnet for business, capital, and innovation.

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