In a major push to attract global investments and boost confidence in Nigeria’s economy, the Central Bank of Nigeria (CBN) and the Nigerian Exchange Group (NGX Group) led a high-profile investment forum at the Nasdaq MarketSite in New York.
The forum, held in partnership with JPMorgan and the African Private Capital Association (AVCA), brought together key players from global financial institutions, the Nigerian diaspora, and top business executives.
According to a statement by the NGX Group, the event served as a platform for strategic dialogue on Nigeria’s economic reforms and the country’s growing readiness to attract long-term foreign capital.
CBN Governor, Olayemi Cardoso, engaged in a thought-provoking discussion with Nobel Prize-winning economist Dr. James Robinson. During the session, Cardoso outlined Nigeria’s monetary policy objectives, economic growth outlook, and efforts to deepen the financial market.
He emphasized the CBN’s dedication to transparency, disciplined policymaking, and market-friendly reforms. “We inherited a crisis of confidence, but we chose a different path. We’re not turning back,” Cardoso stated, earning strong approval from the audience.
He also highlighted the critical role of collaboration between regulators like the CBN, market players such as the NGX Group, and Nigerians in the diaspora in creating a strong and stable financial ecosystem.
The Deputy Governor of Economic Policy at the CBN, Muhammad Sani Abdullahi, delivered a detailed presentation on Nigeria’s ongoing financial transformation and foreign exchange reforms.
This was followed by an engaging panel discussion titled “Repricing Nigeria: Assessing the Scope for Sustained Change”, featuring top executives from JPMorgan Chase, Standard Chartered, Citi, and Jadara Capital Partners.
Temi Popoola, Group Managing Director and CEO of NGX Group, moderated the discussion and stressed the significance of Nigeria’s reforms in reshaping the country’s investment narrative.
“Today’s dialogue marks a pivotal step in reshaping global perceptions of Nigeria’s investment story,” said Popoola. He reaffirmed NGX Group’s commitment to supporting economic reforms that strengthen market structures, foster innovation, and accelerate national development.
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