Standard Chartered Bank lauds Tinubu’s economic reforms, explores investment opportunities
A delegation from Standard Chartered Bank has commended President Bola Tinubu led administration bold economic reforms, describing them as “extraordinary”.
They stated this during a meeting with Minister of Finance and Coordinating Minister of the Economy, Wale Edun in Abuja.
The delegation acknowledged key measures such as the removal of fuel subsidies and market liberalization—once deemed unlikely—while expressing keen interest in Nigeria’s evolving investment landscape and institutional stability.
Investor confidence in Nigeria’s debt market featured prominently in discussions, with participants noting renewed appetite for both Eurobonds and local debt instruments.
Edun highlighted the country’s improving fiscal health, citing a significant reduction in the budget deficit and ongoing efforts to stabilise the economy, control inflation, and lower interest rates. Nigeria’s economy, he noted, is growing at 3.84per cent, with a target of seven per cent needed for substantial poverty reduction and job creation.
The delegation also praised President Bola Tinubu’s engagement with international financial institutions and development agencies, noting that Nigeria’s proactive approach to economic partnerships is fostering a more stable and investment-friendly environment.
