A delegation from JP Morgan, a leading US multinational financial services firm has visited Nigeria to explore investment opportunities and assess economic strategies.
Gatekeepers News reports that Mohammed Manga, director of information and public relations of Ministry of Finance disclosed this in a statement on Friday.
Manga said Wale Edun, minister of finance received the delegation led by Dapo Olagunju, JP Morgan’s head of West Africa in Abuja.
The director noted that the delegation included major investors who hold significant stakes in Nigeria’s Eurobonds and local securities.
He said the visit was part of JP Morgan’s exploratory mission for a diverse group of international institutional investors seeking insights into Nigeria’s economic landscape.
Manga said, “During the discussions, the Honourable Minister highlighted Nigeria’s recent economic milestones, including a successful Eurobond transaction completed without a roadshow, thanks to strong global investor engagement.”
“He emphasised President Bola Tinubu’s ongoing efforts to attract foreign investment through strategic international engagements and reaffirmed the administration’s commitment to market-driven reforms.”
“HM Edun also pointed to key developments in the energy sector, including new agreements with the International Finance Corporation (IFC) aimed at expanding electricity access to 400,000 Nigerians in the first instance.”
Edun assured investors that Central Bank of Nigeria (CBN) has been implementing orthodox monetary policies, as the government works toward boosting agricultural production and stabilise food prices.
