The Central Bank of Nigeria’s (CBN) economic reforms have continued to enhance Nigeria’s position as an attractive investment destination reflected in the improved foreign portfolio investment inflows totaling $3.48 billion in six months of reforms, compared to $756.1 million in the pre-reforms era.
This trend reflects growing investor confidence in the CBN’s ability to manage the financial system and economy, and constitute a positive signal for global investors.
For the CBN, there has never been a better time to prioritise price and exchange rate stability, catalyse sustainable economic growth, and protect the livelihoods of millions of Nigerians through reforms than now.