Nigeria’s President Bola Tinubu held a closed investor meeting in Paris on Tuesday with representatives from some of the world’s largest asset managers, making the case for sustained capital commitment to Africa’s most populous economy.
Finance Minister Taiwo Oyedele told the group that Nigeria recorded 11.2% GDP growth in dollar terms in 2025, a figure the government says reinforces its ambition to build a $1 trillion economy by 2030.
Real GDP expanded 3.87% for the full year, according to the National Bureau of Statistics, while net foreign exchange reserves closed 2025 at $34.8 billion, up from $23.11 billion a year earlier, the Central Bank of Nigeria has confirmed.
Oyedele pledged to publish quarterly financial data to strengthen investor transparency.
The investor group represented combined assets running into the trillions. Citigroup held $2.6 trillion in total assets at the end of 2025.
The investors were from Citibank and France’s Amundi, led by Valerie Baudson, according to Presidential Spokesperson Bayo Onanuga.
There were also BlueCrest, the Britain- and South Africa-based Ninety One, Kirkoswald Capital, Principal Finisterre, US groups Prudential Global Investment Management (PGIM) and Mesarete Capital.
Debt Management Office Director-General Patience Oniha assured the group of the government’s commitment to sustainable borrowing.
Tinubu told investors that his administration’s reform program targets the removal of economic distortions, macroeconomic stabilization, oil-sector transparency, and a security overhaul that includes police decentralization and efforts to disrupt terrorist financing.
“The focus remains on policy stability and diligent execution to ensure these strategic shifts translate into concrete benefits for all Nigerians,” he said.
When an investor raised the question of his post-2027 agenda, Tinubu pledged fiscal discipline and policy consistency. The Paris meeting opens a three-nation tour that continues in Kenya and Rwanda.
