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CBN, NGX Showcase Reform drive at Nasdaq, Seeks to Rebuild Investor Confidence

Olusola Blessing by Olusola Blessing
April 21, 2025
in Economy, News
0
CBN, NGX Showcase Reform drive at Nasdaq, Seeks to Rebuild Investor Confidence
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Nigeria’s top financial regulators and market leaders convened at the Nasdaq MarketSite in New York to present the country’s economic outlook, highlighting ongoing reforms aimed at attracting global capital and restoring investor confidence.

The event, hosted by the Central Bank of Nigeria in partnership with the Nigerian Exchange Group, JPMorgan, and the African Private Capital Association, brought together investors, corporate leaders, and members of the Nigerian diaspora to examine the nation’s macroeconomic direction and capital market strategies.

Speaking at the gathering, the Governor of the Central Bank of Nigeria outlined the apex bank’s monetary policy priorities, including a disciplined approach to economic management, transparency, and market-oriented reforms designed to foster a stable and investment-friendly environment. He reaffirmed the bank’s commitment to restoring confidence, maintaining price stability, and collaborating with institutions like the Nigerian Exchange Group to build a resilient financial system capable of supporting long-term economic growth.

The Deputy Governor of Economic Policy at the CBN also gave a presentation on foreign exchange reforms and Nigeria’s broader economic transformation agenda. The reforms aim to strengthen Nigeria’s macroeconomic foundation and improve its appeal to global investors.

In his remarks, the Chief Executive Officer of the Nigerian Exchange Group noted that the engagement at Nasdaq represents a significant milestone in Nigeria’s efforts to rebuild investor trust. He stated that the country’s reform agenda is steadily laying the groundwork for an efficient and transparent capital market infrastructure.

The event underscored Nigeria’s drive to reposition its financial system as a credible and attractive destination for private capital and sustainable development

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