Finance

Economy: Nigeria Woos More Foreign Investors

By Sunday Etuka, Abuja

Nigeria’s economic growth prospects continue to attract more interest from international investors, with the lastest visit of the Renaissance Capital Africa investors.

Renaissance Capital is a leading emerging and frontier markets investment bank providing access to over 50 markets across the globe.

In a high-level meeting between the 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 on Friday in Abuja, discussions were focused on Nigeria’s economic outlook and investor sentiment.

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The meeting 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.

A statement by the Director of Information and Public Relations of the Ministry, Mohammed Manga, said Mr Edun pointed to key macroeconomic improvements, including a stabilised exchange rate, a downward trend in inflation, and stronger fiscal discipline.

The Minister 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.

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