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Home Economy/Technology

“I count on you to invest in Nigeria,” Tinubu tells US investors at Nasdaq

Nasdaq

The Matters Press by The Matters Press
September 21, 2023
Reading Time: 1 min read
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“I count on you to invest in Nigeria,”  Tinubu tells US investors at Nasdaq

New York, Sept. 21, 2023: President Bola Tinubu at the closing bell ceremony of the Nasdaq Stock Market in New York on Wednesday, September 20, 2023 told US investors that he counts on them to invest in Nigeria.

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The President was accompanied to the Nasdaq Stock Market by President of the U.S.-Africa Business Center (USAfBC) at the U.S. Chamber of Commerce, Scott Eisner.

President Tinubu rang the closing bell at the Nasdaq Stock Market in New York where he called on the United States business community to invest in Nigeria’s “bubbling market”.

Tinubu who is attending the ongoing 78th session of the United Nations General Assembly was invited by the stock market to close the session at the ceremony held at the seven-storey tower of the Nasdaq headquarters in New York, signifies the end of a trading session.

“I am happy to bring Nigeria to your doorsteps and honoured that we’re here today with a bubbling maket that will evolve the West African subregion,” Tinubu said.

“The greatest economy is Nigeria. There is an immense opportunity in Nigeria that you can invest your money without fear.”

The Nigerian leader cited the removal of “a lot of the bottlenecks”, including the fuel subsidy which he described as corrupt, adding that his administration had retooled the exchange rate to a “reliable, dependable one-figure floating of the exchange naira”.

“You are free to take in your money and bring out your money,” he continued.

” I count on you to invest in Nigeria,’’ he said.

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  • IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar
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