The governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, has enjoined investors to invest in the country, saying returns on investment in all sectors of the economy were among the best in the world.
Addressing an elite gathering of capital and money market players, investment bankers, treasurers and other fund managers at the London Stock Exchange over the weekend, Emefiele submitted that “Nigeria is ready for business”
At a forum organised by the London Stock Exchange in collaboration with the Nigerian Stock Exchange, Emefiele, who drew intermittent applause from the gathering told the story of how Nigeria emerged from what was its worst recession in decades, revealing the ongoing reforms and the huge opportunities available to investors in several sectors notably agriculture, solid minerals and infrastructure.
The CBN was particularly applauded by participants for its ingenious management of the foreign exchange market which saw the recovery of the Naira as well as the reforms in the funding of agriculture as demonstrated in the success of the Anchor Borrowers Programme and the establishment of the highly successful Investors and exporters’ window of the foreign exchange market.
Present at the occasion were the British Minister for International Development, Hon. Priti Patel, CEO of the London Stock Exchange, Mr. Nikhil Rathi, CEO of the Nigerian Stock Exchange, Mr. Oscar Onyema, Minister of Solid Minerals, Dr. Kayode Fayemi, DG of Debt Management Office (DMO), Mrs. Patience Oniha, Governor of Edo state, Dr Godwin Obaseki, and Mr. Ik Chioke, Group CEO of Afrinvest.
