The Federal Government has approved the establishment of the Lagos International Financial Centre as part of efforts to position Nigeria as a leading global financial hub.
A statement from the Federal Ministry of Finance described the decision as a strategic move to enhance the country’s financial sector and attract international investment.
At a meeting in Abuja with EnterpriseNGR, Citi UK, and senior Lagos State government officials, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, reiterated the government’s focus on macroeconomic stability and mobilising investments.
He pointed to the recent successful issuance of a U.S. dollar domestic bond as an indication of growing investor confidence and ongoing financial sector reforms.
