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Nigerian President Tinubu Closes US Stock Exchange

Nigerian President Tinubu Closes US Stock Exchange
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While in New York for the United Nations General Assembly's General Debate, Nigerian President Bola Tinubu made a stop at the Nasdaq stock exchange Wednesday and rang the closing bell. “I am happy to bring Nigeria to your doorsteps and honored that we are here today with a bubbly market,” Tinubu said. He had presented his speech before the General Assembly a day earlier. Tinubu took the opportunity to promote investment in his country, declaring Nigeria “the greatest economy” where investors can make investments confidently, without fear. “We've removed a lot of bottlenecks. We've cleared the oil subsidy that is corrupt. And we have also, you know, retooled the exchange rate to a reliable, dependable, one-figure of floating of the exchange naira,” Tinubu said.