Global investors have expressed confidence in Nigeria’s ongoing economic reforms and policy direction during the 2025 World Bank and IMF Annual Meetings in Washington D.C.
Leading the Nigerian delegation, Central Bank Governor Olayemi Cardoso assured participants at the Nigeria Investors Forum that the Federal Government remains committed to advancing reforms, stabilising the economy, and unlocking sustainable investment opportunities.
Cardoso highlighted Nigeria’s improving economic fundamentals, citing $43.4 billion in external reserves, the country’s highest level in five years, and a stronger trade balance driven by policy consistency. “Nigeria’s economic outlook is positive. We are implementing reforms to ensure macroeconomic stability and sustainable, inclusive growth,” he said.
CBN Deputy Governor Mohammed Abdullahi reported a 56.4% rise in monthly foreign exchange turnover to $8.6 billion in 2025, noting that improved FX inflows reflect growing investor confidence in Nigeria’s financial markets.
Also speaking, Special Adviser to the President on Finance and the Economy, Sanyade Okoli, said the administration is targeting 7% economic growth by 2027–2028 through diversification, infrastructure expansion, and private-sector partnerships. She added that oil now accounts for just 4% of GDP, down from 8% in 2021, as non-oil sectors continue to grow.
Minister of State for Finance, Dr Doris Uzoka-Anite, reaffirmed the government’s resolve to maintain a stable and transparent investment environment.
At the G24 meetings held on the sidelines, Cardoso announced that Nigeria’s trade surplus had reached 6% of GDP, attributing the gain to ongoing reforms and sound macroeconomic policies that are beginning to yield tangible results.
The strong turnout and positive engagement from investors at the meetings underscore renewed global confidence in Nigeria’s reform agenda and its path toward sustained economic recovery and growth.
