First Abu Dhabi Bank delegation meets Nigeria’s Finance Minister to explore investment opportunities
Nigeria’s economic renaissance: Edun highlights growth to First Abu Dhabi Bank delegation
Abdullateef Fowewe
A delegation from First Abu Dhabi Bank, led by the Group Head of Investment Banking, Martin Tricaud, met with Nigeria’s Minister of Finance, Wale Edun, to explore investment opportunities on Wednesday.
This was obtained in a statement on Wednesday, by the Ministry of Finance.
During the meeting, Edun showcased Nigeria’s significant economic progress over the past 18 months, attributing improvements to reforms like market-driven pricing for foreign exchange and petroleum, as well as enhanced trade through the African Continental Free Trade Area.
Edun emphasised that these measures have not only stabilised the economy but also bolstered GDP growth and improved the trade balance.
He underscored ongoing efforts to enhance food production and affordability, aiming for long-term economic resilience.
The statement partly reads, “HM Edun highlighted Nigeria’s economic transformation over the past 18 months, citing key reforms such as market-driven pricing for foreign exchange and petroleum, increased trade through AfCFTA, and stronger revenue from both oil and non-oil sectors.
“He noted that these measures have stabilised the economy, improved GDP growth, and strengthened the trade balance.
“The Honourable Minister also emphasised efforts to boost food production and affordability, ensuring long-term economic resilience.”
The meeting reflects a growing interest in Nigeria’s economic landscape as it navigates through challenges and seeks strategic partnerships to further stimulate growth .
