Nigeria has taken fresh steps to strengthen its economic partnership with Saudi Arabia, following high-level engagements at the Money20/20 Middle East Conference in Riyadh.
Minister of State for Finance, Dr. Doris Uzoka-Anite, who led Nigeria’s delegation to the global fintech and finance forum, said the Tinubu administration is determined to reposition the economy and attract foreign direct investment (FDI) by deepening ties with strategic international partners.
Delivering a keynote address titled “GCC-Nigeria Partnership – Shaping New Growth Pathways”, Uzoka-Anite highlighted Nigeria’s fintech ecosystem, trade opportunities, and investment potential.
She noted that under President Bola Ahmed Tinubu, the country is building a rule-based financial system that supports innovation while ensuring stability.
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“Our participation at this global forum has provided an opportunity to showcase Nigeria’s fintech and investment landscape while opening doors for stronger cooperation in trade, capital markets, and technology,” she said.
Beyond her presentation, the minister engaged in a fireside chat on balancing innovation with financial stability and held bilateral meetings with senior Saudi officials. The discussions, according to the ministry, yielded commitments to advance cooperation in capital markets, trade facilitation, and investment promotion.
Officials say the outcomes of the Riyadh meetings underscore a shared commitment by Nigeria and Saudi Arabia to unlock new pathways for growth and development.
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With these developments, Nigeria is poised to attract significant foreign investment, leverage cutting-edge technologies, and cement its position as a key player in the global economy.
Esther Ososanya is an investigative journalist with Pinnacle Daily, reporting across health, business, environment, metro, Fct and crime. Known for her bold, empathetic storytelling, she uncovers hidden truths, challenges broken systems, and gives voice to overlooked Nigerians. Her work drives national conversations and demands accountability one powerful story at a time.
