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Home Business & Economy

Nigeria signals strengthened investment climate following G20 engagements

by NEW CITIZEN
November 24, 2025
in Business & Economy
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Nigeria signals strengthened investment climate following G20 engagements
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, with his team at the G20 Summit in Johannesburg

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, with his team at the G20 Summit in Johannesburg

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Nigeria has reaffirmed its commitment to deepening sustained economic reforms as the G20 Investment Dialogue concludes in Johannesburg, South Africa.

Addressing global investors and South African business leaders, the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, outlined how recent reforms are restoring macroeconomic stability and creating a more predictable environment for private capital.

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He informed that GDP growth has strengthened to 4.23% in Q2 2025, inflation has begun to moderate, and external reserves now stand at $46.3 billion.

Mr. Edun and a guest at the Summit

The minister added that growth is increasingly broad-based, driven by telecommunications, trade, construction, rail, electricity and refining.

“The message to investors is clear,” he said, adding, “Nigeria is not only open for business; Nigeria is reforming to accelerate private-sector-led growth.”

With a strengthened investment climate and a growing economy, Nigeria is poised for sustainable growth and development.

The government encourages investors to join the journey of growth and prosperity, leveraging the country’s vast potential and opportunities.

Tags: economic growthG20investmentsWale Edun
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