L-R: Jaiyeola Dauda, Head of African FTS, Clarence Singham-Zhou, Head of International, Martin Traicaud, Group Head, Investment Banking; Wale Edun- Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Sanyade Okoli, SA, to the President on Finance and Economic Coordination, Subomi Badejoko, SA, to the Minister.

Finance Minister Affirms Nigeria’s Economic Growth, Investment Potential

Elizabeth Christopher, Abuja

On Feb 6, 2025

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has affirmed that Nigeria’s economy is experiencing significant growth, presenting attractive opportunities for investors.

Speaking in Abuja during a meeting with a high-level delegation from First Abu Dhabi Bank, led by Group Head of Investment Banking Martin Tricaud, Edun outlined the country’s economic transformation and ongoing reforms aimed at fostering investment and sustainable growth.

Nigeria’s Economy on the Rise: Wale Edun Showcases Progress to First Abu Dhabi Bank Delegation

A delegation from First Abu Dhabi Bank, led by Group Head of Investment Banking Martin Tricaud, met with the Honourable Minister of Finance and Coordinating Minister of the Economy,… pic.twitter.com/lGDhUOicTR

— Federal Ministry of Finance (@FinMinNigeria) February 5, 2025

He highlighted key policy measures implemented over the past 18 months, including market-driven pricing for foreign exchange and petroleum, increased trade under the African Continental Free Trade Area (AfCFTA), and enhanced revenue generation from both oil and non-oil sectors.

According to the Minister, these strategic reforms have contributed to economic stabilization, improved GDP growth, and a strengthened trade balance, positioning Nigeria as a prime destination for global investors.

“The progress we have made in stabilizing the economy and driving growth is a testament to our administration’s commitment to economic reform.

“We are eager to showcase these opportunities to investors and partners, like First Abu Dhabi Bank.”

The Minister also emphasised efforts to boost food production and affordability, ensuring long-term economic resilience.

The meeting marks a significant step in Nigeria’s efforts to attract foreign investment and strengthen economic ties with key partners.

With Nigeria’s economy poised for continued growth, this partnership with First Abu Dhabi Bank is expected to unlock new opportunities for investment, job creation, and economic development.