Nigeria’s Foreign Reserve Rises to $50 Billion

It has been confirmed by reliable source like Forbes.com that Nigeria’s external reserve has indeed risen to about $50 billion. Confirming the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala declaration that Nigeria is Africa’s current best investment destination.

What it means for all of us, Dr. Ngozi Okonjo-Iweala said,

“With a foreign reserve of nearly 50 billion dollars, a stable exchange rate, strong banking sector, massive human and natural resources, Nigeria has indeed become one of the most attractive investment destinations in the world.”

Watch Out and get prepared to host torrent of incoming investors. The billions are here now, you can only grab some with well-prepared master-plan to host opportunities.