BY COBHAM NSA – The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, says Nigeria has embraced a new era of regulatory stability that is rapidly transforming it into Africa’s premier destination for global capital.
Mr Oyedele made the declaration after he stood side-by-side with the President of Ghana and top African leaders to ring the opening bell at the London Stock Exchange (LSE), symbolizing a unified, aggressive, and high-level drive to attract international investments and strengthen Africa-United Kingdom (UK) economic partnerships.
According to Oyedele, who represented President Bola Tinubu at the event, Nigeria is clearing policy gridlock and empowering private enterprise to drive the economy. The market opening brought together Heads of Government, Finance Ministers, senior policymakers, global investors, Chief executives and representatives of leading financial institutions from across Africa, Europe and other parts of the world.
Reports indicate that the African leaders’ participation in one of the top global financial market opening highlights the continent’s commitment to attracting investment and long-term economic partnerships.
Being part of concerted efforts to strengthen economic and investment relations between Africa and the UK, the event also provided an opportunity to showcase Africa’s economic potential and highlight ongoing reforms aimed at creating a more attractive environment for business, innovation and capital inflows.
Speaking during the engagements, Mr. Oyedele explained that Nigeria is rewriting its economic playbook to shield businesses and win back global investors, stressing that ongoing structural reforms demonstrate government’s clear mission to stabilize the economy, fuel private sector growth, and enhance investor confidence.
According to him, with policy unpredictability now a thing of the past, the present administration is empowering private businesses to lead the nation’s next chapter of economic growth and turn Nigeria into Africa’s premier destination for foreign capital.
A statement by Efe Ovuakporie, Head of Information and Public Relations Unit of the Ministry, further quoted Oyedele as saying that stronger collaboration between African economies and global financial institutions remains critical to unlocking investment opportunities, expanding infrastructure and accelerating inclusive growth across the continent.
After the market opening, the delegation joined a private executive breakfast titled: “Navigating a World in Transition” to examine how global economic shifts, geopolitics, and emerging trends affect international investment.
The session allowed African policymakers and global business leaders to discuss practical strategies for boosting economic resilience, changing geopolitical realities and and attracting sustainable capital.
Also, participants locked in on strategies to supercharge Africa’s economic transformation, zeroing in on infrastructure financing, capital markets, trade, and tech-driven growth as key catalysts for long-term economic transformation and progress.
For the leaders, it is imperative to build stronger links between Africa and global financial centers to unlock capital for continental development, even as they noted that the LSE engagement forms part of African governments’ broader efforts to expand diplomacy, access international capital, and build prosperity partnerships.
Meanwhile, the statement released by the Finance Ministry also said that for Nigeria, the event underscored the government’s focus on engaging global partners to drive economic reforms and sustainable growth.
It further said the participants pledged to pursue stronger economic cooperation, deepen investment flows and build enduring partnerships that support growth and prosperity across Africa and the UK.
