Nigeria’s Ministry of Finance reported on remarks by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, delivered in Lagos at the 20th anniversary of investment bank Chapel Hill Denham, where he praised the firm’s role in Nigeria’s financial system and capital markets. Edun pointed to improved foreign exchange market liquidity, deregulated fuel pricing, and broader structural reforms as key elements of the government’s reform agenda. He also highlighted the firm’s influence through alumni in institutions including Nigerian Exchange Group and Africa Finance Corporation, and acknowledged Chapel Hill Denham’s involvement in initiatives such as the domestic issuance of USD-denominated bonds, which he attributed to an idea from the firm’s CEO, Bolaji Balogun.
Ministry of Finance (Nigeria) 2025-04-30
Nigeria's Ministry of Finance cites improved FX liquidity and fuel price deregulation in remarks at Chapel Hill Denham anniversary
Nigeria’s Minister of Finance, Wale Edun, praised investment bank Chapel Hill Denham for its contributions to the financial system and capital markets at its 20th anniversary event. He highlighted improved foreign exchange market liquidity, deregulated fuel pricing, and structural reforms as key government initiatives. Edun also noted the firm's influence through alumni in major institutions and its role in domestic USD-denominated bond issuance.