Nigeria investors forum draws global surge
Foreign investors signaled support for Nigeria’s economic reforms after government officials pledged continued stability at the 2025 World Bank and International Monetary Fund annual meetings in Washington. Central Bank of Nigeria Governor Olayemi Cardoso told attendees the country’s external reserves reached 43.4 billion dollars, marking a five-year high that demonstrates strengthening financial health. The administration coordinates fiscal and monetary measures to boost investor confidence and economic performance.
Deputy Governor Mohammed Abdullahi reported that foreign exchange market turnover rose 56.4 percent to 8.6 billion dollars per month in 2025, as liquidity improved. Presidential adviser Sanyade Okoli said Nigeria targets 7 percent growth by 2027 through diversification and infrastructure development, with 4 percent expansion projected for this year. Oil’s share of total exports dropped to 57.5 percent while its contribution to gross domestic product fell from 8 percent in 2021 to 4 percent currently.
Finance Minister Doris Uzoka-Anite joined other officials at the forum that convened policymakers and development partners. Discussions centered on investment opportunities across infrastructure, manufacturing, and energy sectors.
