Following the global economic challenge exacerbated by Russia’s invasion of Ukraine, the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele has invited foreign investors to consider Nigeria and other countries in Africa, stressing that they are choice investment destinations.

Emefiele stated this while receiving the EuroKnowledge Award conferred on him by FIN Banking on Emerging Markets Forum on the sidelines of the ongoing International Monetary Fund/World Bank Annual Meetings in Washington DC. United States.

Speaking at the award, Emefiele listed Nigeria, Angola, South Africa and Egypt as countries that investors should consider.

The apex bank governor added that business confidence in the continent was on the rise

This is as the International Monetary Fund, IMF, decried what it described as the emerging food crisis in Nigeria and in other Sub-Saharan African countries, urging that there should be more targeted support to the vulnerable.