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NIGERIA PARTNERS FINANCE GIANT, BLOOMBERG TO BOOST FOREIGN INVESTMENT

The Federal Government of Nigeria has announced a two-year partnership with Bloomberg, a renowned financial giant, to showcase the country’s economic potential and attract foreign investment. This initiative is being undertaken through the Ministry of Finance Incorporated (MOFI). According to a press release signed by Director, Information and Public Relations, at the Federal Ministry of Finance, Mohammed Manga, the partnership aims to leverage Bloomberg’s vast media network to highlight Nigeria’s achievements and opportunities. At a meeting with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, Bloomberg’s Global Director, Nicole Keefe, emphasized the company’s commitment to reshaping Nigeria’s narrative and showcasing its economic potential to the global audience. The partnership will spotlight key government projects, such as the Real Estate Investment Fund and gas pipeline initiatives, to promote Nigeria’s progress in critical sectors. Dr. Armstrong Takang, CEO of MOFI, noted that this initiative will further promote Nigeria’s achievements and opportunities, addressing investor hesitations tied to outdated or negative perceptions. As stated by HM Edun, “To attract global investment, we must effectively showcase our economic reforms and achievements.” Director, Information and Public Relations, Mohammed Manga, reiterated the importance of strategic communication in achieving these objectives. With this partnership, Nigeria is poised to redefine its global narrative, unlock new investment opportunities, and solidify its position as a key player in the global economy.