The Central Bank of Nigeria (CBN) has reassured foreign investors of a stable, reform-driven economy, supported by growing external reserves, improved foreign exchange inflows, and expanding economic diversification.
The apex bank said that ongoing monetary and fiscal reforms have begun to yield positive results, restoring investor confidence and positioning Nigeria as one of Africa’s most promising destinations for capital inflows. It explained that exchange rate unification, enhanced transparency in forex management, and tighter monetary policies are stabilising the market and encouraging long-term investments.
According to the CBN, the recent rebound in oil and non-oil exports, combined with increasing remittance inflows and local production growth, has boosted reserves and improved Nigeria’s balance of payments outlook. The bank maintained that sustained collaboration with fiscal authorities, coupled with continued reforms in key sectors such as manufacturing, agriculture, and technology, will drive inclusive growth, attract more investors, and strengthen Nigeria’s position in the global economy.
