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Nigeria Seeks Stronger Investment Ties with Brazil, Promises Market-Friendly Reforms

Olusola Blessing by Olusola Blessing
August 27, 2025
in Economy, News
0
Nigeria’s Reforms Eliminate Dollar Black Market, Push Nigeria’s Revenue to N6.9tn — Finance Minister
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Nigeria has renewed its call to global investors, highlighting its vast market potential, demographic advantage, and ongoing reforms as the foundation for long-term economic prosperity. The assurance came in São Paulo, Brazil, during a high-level business roundtable hosted by Citi as part of the Nigerian President’s state visit.

The country’s finance chief led Nigeria’s economic delegation to the meeting, where he outlined the government’s reform agenda focused on restoring fiscal sustainability, unlocking private capital, and driving inclusive growth. He emphasized that investments in infrastructure, energy transition, and technological innovation will play a central role in the country’s economic transformation.

“Our priority is to create an enabling environment where global investors and Nigerian businesses can thrive together. Brazil is a natural partner in this journey,” he told participants at the roundtable.

The Nigerian team included the trade and investment minister and the central bank governor, who joined discussions with Brazilian corporate leaders, investors, and Citi executives on strengthening bilateral investment flows and advancing South-South economic cooperation.

Officials stressed that Nigeria’s reforms under the Renewed Hope Agenda are aimed at achieving macroeconomic stability while opening new opportunities for private-sector-led growth. The roundtable served as both a platform to deepen ties with Brazil and a reassurance to international stakeholders of Nigeria’s commitment to building an investment-friendly environment.

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