CBN, AACN Sets TO Attract Investments to Nigeria

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CBN

The Central Bank of Nigeria (CBN) has said that the bank will continue to drive policies that will ensure macroeconomic stability and enhance ease of doing business in the country.

The CBN Governor, Mr. Godwin Emefiele made this known during the eighth annual Nigerian Investors Day in London, which was organized by the Association of Assets Custodians of Nigeria.

The forum themed ‘Nigeria: The economics of the capital market” focused on investor confidence, processes, infrastructure, products, governance, regulations and market developments.

Emefiele added that the bank would be instrumental in attracting and sustaining investments in the country assuring investors that the monetary policy objectives of the CBN would remain consistent.

The Governor commended the AACN for organizing the forum, which he explained that it fits into the apex bank’s and the Federal Government’s goal of making the country Africa’s top investment destination.

Also speaking at the event, The President of AACN, Mrs. Taiwo Sonola, added that the association was committed to the promotion of portfolio investments in Nigeria noting that it would maintain the reputation of the annual event as a veritable platform to promote the Nigerian economy.

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She further said that the next edition would be reinvigorated and focused on a salient issue on Africa’s biggest oil producer, with the purpose of unlocking opportunities in such an area.

The AACN President explained that the event was aimed at building foreign investors’ confidence and also provides a platform that would allow them to network with the Nigerian capital market regulators, operators with particular focus on custodians, fund managers, broker-dealers, and regulators and also arrange for a forum for the promotion of custody business in the country.

She further explained that the event also provides opportunities for participants to air their views and challenges stressing that one-day forum was aimed at availing the global audience of up to date information on the Nigerian capital market.

Africh Royale

Africh Royale

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