Nigeria’s economic reforms have attracted global investors, leading to higher stocks and lower bond yields, indicating recovering confidence. Projections suggest Nigeria will move beyond its reform’s painful phase by 2025. However, persistent challenges remain, necessitating ongoing investment and structural changes for sustained growth.
Global investors are increasingly drawn to Nigerian assets as reforms from the Central Bank of Nigeria (CBN) propagate positive effects across various economic sectors. This renewed investor confidence has led to rising stock prices and falling bond yields, indicating that the tough reform period is transitioning towards stability. Bismarck Rewane, a Non-Executive Director at Parthian Partners, projects that Nigeria will begin to emerge from this challenging phase by 2025, driven by strategic policy implementation.
The Nigerian economic landscape is witnessing a rebound as reforms take hold. Investors are optimistic about prospects, supported by improved economic indicators and regulatory measures. While challenges persist, experts maintain that with sustained investment and policy reforms, Nigeria is poised for a more favorable economic future. Optimism surrounds Nigeria’s potential for growth as it heads towards 2025 with strategic plans in place.
Original Source: businessday.ng
