Business

Consistent policies’ll accelerate Nigeria’s trade, investment outlook’ —Business leaders 

Business Leaders Highlight Importance of Stable Economic Policies at Eurocham Conference

By Godwin Oritse

LAGOS—Business leaders gathered at the European Business Chamber Nigeria (Eurocham) Annual Conference and Expo have stressed that predictable and stable economic regulations are crucial for maintaining investor confidence while attracting long-term capital investments.

During a roundtable discussion on European business outlooks in Nigeria, Frederik Klinke, Chief Executive Officer of APM Terminals Nigeria, acknowledged that recent reforms have fostered cautious optimism. However, he emphasized that consistency in policy implementation is vital for securing long-term investments.

“Nigeria has enormous potential, and recent reforms show promise,” Klinke said. “But potential alone is not enough. Only consistent implementation—rather than just policy announcements—will provide the predictability necessary for investors to commit capital with confidence.”

Klinke highlighted recent improvements in macroeconomic stability, particularly in the foreign exchange market, as instrumental in supporting growth. “Having an exchange rate that we can rely on is crucial for us as a business. Our ability to invest depends on the reliability of the currency,” he added, urging for more predictable economic regulations to enhance investment decisions.

Senator Osita Izunaso, Chairman of the Senate Committee on Capital Markets, noted the robust performance of Nigeria’s equities market, which generated returns exceeding 50% in 2025. He described this performance as a “signal to the world that Nigeria is gradually emerging as a credible destination for capital,” highlighting the market’s role in recapitalizing the banking and insurance sectors, which raised over N3 trillion during the process.

Izunaso mentioned that the anticipated listing of the Dangote Refinery could represent a significant advancement for market depth and investor participation.

Yann Gilbert, President of Eurocham Nigeria, discussed the broader geopolitical environment, noting that global pressures are prompting governments and businesses to reassess their operational strategies. “In moments like this, resilience does not come from standing alone,” Gilbert said. “It comes from collaborating closely with trusted partners, building alliances, and remaining agile amid uncertainty.”

The conference underscored the collective call for consistent policies to enhance Nigeria’s trade and investment outlook.

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