Finance

Nigeria Mulls Partnership With Bloomberg To Attract Foreign Investment

By Sunday Etuka, Abuja

The Federal Government of Nigeria, through the Ministry of Finance Incorporated (MOFI), is set to partner with financial giant Bloomberg to showcase its economic potential and attracting foreign investment.

At a meeting with the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun held in his office in Abuja, Bloomberg’s Global Director, Nicole Keefe, emphasized the company’s commitment to reshaping Nigeria’s narrative and showcasing its economic potential to the global audience.

The Director, Information and Public Relations of the Ministry of Finance,
Mohammed Manga, in a statement on Tuesday said Bloomberg plans to leverage its vast media network to highlight Nigeria’s achievements and opportunities, addressing investor hesitations tied to outdated or negative perceptions.

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Dr. Armstrong Takang, CEO of MOFI, noted that the partnership would spotlight key government projects such as the Real Estate Investment Fund and gas pipeline initiatives, further promoting Nigeria’s progress in critical sectors.

HM Edun acknowledged the need for strategic communication to effectively showcase the government’s economic achievements and create a positive investment climate.

With this partnership, Nigeria is poised to redefine its global narrative, unlock new investment opportunities, and solidify its position as a key player in the global economy.

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