Governor of Central Bank of Nigeria,
CBN, Mr. Godwin Emefiele, has
urged investors to invest in the country, saying
returns on investment in all sectors of the economy were among the best in the
world. Addressing an elite gathering of capital and money market players,
investment bankers, treasurers and other fund managers at the London Stock
Exchange, weekend, Emefiele’s message was summed up in one key sentence,
“Nigeria is ready for business.” 
Governor, Central Bank of Nigeria
(CBN), Mr Godwin Emefiele
At a forum organised by London Stock Exchange in
collaboration with the Nigerian Stock Exchange, Emefiele, who drew intermittent
applause from the gathering, told the story of how Nigeria emerged from what
was its worst recession in decades, revealing the ongoing reforms and the huge
opportunities available to investors in several sectors, notably agriculture,
solid minerals and infrastructure.
The CBN was particularly applauded
by participants for its ingenious management of the foreign exchange market,
which saw the recovery of the Naira as well as the reforms in the funding of agriculture
as demonstrated in the success of the Anchor Borrowers Programme and the
establishment of the highly successful investors and exporters window of the
foreign exchange market. Present at the occasion were British Minister for
International Developemt, Priti Patel; CEO of London Stock Exchange, Mr. Nikhil
Rathi; CEO of Nigerian Stock Exchange, Mr Oscar Onyema; Minister of Solid
Minerals, Dr Kayode Fayemi; D-G of Debt Mangement Office, Mrs Patience Oniha;
Governor Godwin Obaseki of Edo State, and Mr Ik Chioke, Group CEO of Afrinvest.
Part of the highlights of the occasion was the honour given to Emefiele to ring
the opening bell for trading last Friday at the London Stock Exchange.
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