Nigeria has restated its determination to push ahead with comprehensive economic reforms as the G20 Investment Dialogue wrapped up in Johannesburg.
Speaking to global investors and leading South African business executives, Minister of Finance Wale Edun highlighted how recent policy actions are stabilising the economy and rebuilding confidence in Africa’s largest market.
According to him, GDP growth has accelerated to 4.23% in Q2 2025, inflation is beginning to ease, and external reserves have risen to $46.3 billion. He added that economic expansion is becoming more broad-based, with strong performance in telecommunications, trade, construction, rail, electricity and refining.
“Our message to investors is simple: Nigeria is not just open for business — Nigeria is reforming to drive private-sector-led growth,” Edun said in a statement posted on the Ministry of Finance’s X account.
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