IMF says Nigeria still investors destination

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Christine Lagarde, IMF boss

The International Monetary Fund (IMF) on Wednesday said that Nigeria still remained a destination for investors.

The Senior Financial Sector Expert, Debt and Capital Market Instruments Division, Monetary and Capital Markets Department, IMF, Miriam Tamene, said this in a statement issued by Securities and Exchange Commission’s (SEC) management in Abuja.

Tamene said this when she led a team on a visit to the SEC office in Abuja.

Tamene noted that the Fund was pleasantly surprised to receive numerous indication of interest by investors eager to invest in Nigeria.

She, however, stated that many of them still nursed the fear that they may not be able to retrieve their funds anytime they decide to exit.

She urged monetary and regulatory authorities in Nigeria to roll out policies that would bring down the inflation rate in the country as well as increase…

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