World Bank to Support in reviving Nigerian Capital Market

The Vice-President and Treasurer of the World Bank, Ms. Arunma Oteh, on Wednesday gave assurance that the  World Bank Group would support efforts to make Nigerian capital market world class market.

   In her words; "“I do believe that building a world class market and keeping that market is key for the transformation of our nation.Whether it is making sure that the citizenry are financial discipline or whether it is providing medium to long term for new businesses for expansion, even if it is meritocracy, whether you are  allocating resources for the right thing, the  capital can do it.You can count on the World Bank and International Finance Corporation (IFC). What we ask are ideas that can stand any test. I do think we have such projects and I assured you  of our  support and my own personal support,”“ At the World Bank, we are prepared  promote the Nigerian debt markets. We want to make sure that we place Nigerian debts in the  hands of Euro-bonds market investors you cannot  imagine.