CBN Gov bags Forbes’ Best of Africa award, woos foreign investors


FOR effectively steering monetary policy to bring about financial stability in the country, Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Thursday night, bagged the 2017 Forbes Magazine’s Best of Africa Innovative Banking award.

The award presented to him at the Willard Intercontinental in Washington DC, United States, on the sidelines of the ongoing annual meetings of the World Bank and the International Monetary Fund (IMF).

President of Forbes Customs Emerging Markets, Mark Furlong, while presenting the award, commended the transparency demonstrated by Emefiele, a factor he said contributed to the stabilisaiton of the economy through CBN’s interventions in critical sectors of the economy.

In his acceptance speech, Emefiele dedicated the award to the management and staff of the CBN, the Federal Government and Nigerians.

He used the occasion to highlight some of the efforts made by the CBN to tackle inflation and arrest the slide of the Naira against the dollar while wooing foreign investors into the country.

“There are very few countries in the world that you will visit today and you will say you want to invest and the returns will be as high as what you will have in Nigeria.

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“For me, that is the message here today, that come to Nigeria, Nigerians will receive; come to Nigeria and you will be happy.

“Nigeria has a lot of potential; the climate is good; the environment is good. Nigerians are hospitable people and that is why we make bold and say that Nigeria is good for business,” he said.