Home Business Revealed! Why JP Morgan Delegation Meets with Wale Edun

Revealed! Why JP Morgan Delegation Meets with Wale Edun

by Nwabuko

By Chibuike Nwabuko

ABUJA (PRECISE POST) – Report available to Precise Post has it that a high-level delegation from JP Morgan, led by Dapo Olagunju, Head of West Africa, met with the Honourable hs Minister Wale Edun at Finance HQ on Wednesday evening to explore investment opportunities and economic strategies.

The delegation, which included major investors with significant holdings in Nigeria’s Eurobonds and local securities, was part of a fact-finding trip organised by JP Morgan for a diverse group of international institutional investors seeking insights into Nigeria’s economic landscape, the statement released on the official X account of Ministry of Finance said.

During the discussions, HM Edun highlighted Nigeria’s recent economic milestones, including a successful Eurobond transaction completed without a roadshow, thanks to strong global investor engagement. He emphasised President Bola Tinubu’s ongoing efforts to attract foreign investment through strategic international engagements and reaffirmed the government’s commitment to market-driven reforms.

The Honourable Minister also pointed to key developments in the energy sector, including new agreements with the International Finance Corporation (IFC) aimed at expanding electricity access to 400,000 Nigerians in the first instance.

On inflation, the minister assured investors that the Central Bank of Nigeria is implementing orthodox monetary policies while the government works to boost agricultural production and stabilise food prices.

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