PHOTOS: CBN governor joins Nigeria’s economic team at Brazil investment roundtable

The Observer
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Cementing Nigeria‑Brazil Ties: L‑R — President Bola Ahmed Tinubu, President Luiz Inácio Lula da Silva of Brazil, and CBN Governor Olayemi Cardoso share a light moment during the state visit on August 25, 2025.

 

 

Nigeria’s economic delegation — led by Finance and Coordinating Minister Wale Edun and including Central Bank Governor Olayemi Cardoso and Minister of Industry, Trade and Investment Dr. Jumoke Oduwole — took part in a high‑level investment roundtable hosted by Citi at its São Paulo headquarters on the sidelines of President Bola Ahmed Tinubu’s state visit to Brazil.

Cementing Nigeria‑Brazil Ties: L‑R — President Bola Ahmed Tinubu, President Luiz Inácio Lula da Silva of Brazil, and CBN Governor Olayemi Cardoso share a light moment during the state visit on August 25, 2025.

At the roundtable, Mr. Edun set out President Tinubu’s economic reform agenda aimed at restoring fiscal sustainability, unlocking private capital and fast‑tracking inclusive growth. He highlighted Nigeria’s market potential, demographic dividend and government commitments to infrastructure, renewable energy and technology as cornerstones for long‑term investment.

Investment Roundtable: Governor Olayemi Cardoso, Minister Wale Edun and Minister Dr. Jumoke Oduwole at the Citi-hosted investment roundtable in São Paulo on August 26, 2025.

Governor Cardoso’s presence at the meeting underscored the Central Bank’s role in creating a stable macro‑financial environment to attract foreign capital. The governor engaged Brazilian corporates and investors on the CBN’s priorities for monetary and financial sector stability, strengthening regulatory frameworks, and supporting policies that enable sustainable cross‑border investment flows.

The delegation used the platform to advance South‑South economic cooperation, discuss ways to deepen bilateral investment ties and encourage greater private sector engagement between Nigeria and Brazil.

According to a statement posted on the Ministry of Finance’s X account, the roundtable reinforces Nigeria’s push to broaden partnerships that support the Renewed Hope agenda for economic transformation.

 

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