The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has stated that the government’s reform agenda was already delivering expected results.
Mr Edun cited improved foreign exchange market liquidity, deregulated fuel pricing, and structural reforms as foundations for long-term, private-sector-led growth.
The Director, Information and Public Relations of the Ministry of Finance, Mr
Mohammed Manga, in a statement on Wednesday, quoted the Minister to have stated this while speaking at the
20th anniversary of Chapel Hill Denham in Lagos.
“This administration has laid the groundwork for broad-based investment.
“Nigeria is open for business, and we are committed to creating a transparent, merit-driven environment that rewards innovation and unlocks productivity,” he added.
He commended Chapel Hill Denham’s outstanding contribution to Nigeria’s financial landscape over the past two decades, describing it as “Nigeria’s equivalent of Goldman Sachs” — a testament to its bold leadership, innovation, and track record in producing top-tier financial talent.
“For twenty years, Chapel Hill Denham has played a vital role in shaping our financial system — pioneering complex transactions, supporting capital market development, and building human capital that now serves across both public and private sectors,” Edun stated.
He highlighted the presence of Chapel Hill alumni in key institutions, including the Nigerian Exchange Group (NGX), the Africa Finance Corporation (AFC), and the Federal Ministry of Finance itself, reinforcing the firm’s role as a critical pipeline for national development.
The Minister also acknowledged Chapel Hill Denham’s contributions to landmark initiatives, including the domestic issuance of dollar-denominated bonds — an idea he credited to the firm’s CEO, Mr. Bolaji Balogun.
He concluded with a message of congratulations: “Chapel Hill Denham has set a standard of excellence in Nigeria’s investment banking sector. Congratulations to Mr. Balogun and the entire team on this milestone. May the firm continue to thrive for generations to come.”
