The Lagos State Government, in partnership with EnterpriseNGR under the platform of the Lagos International Financial Council, on Monday, signed a Memorandum of Understanding with the City of UK and the Foreign Commonwealth and Development Office for the development of an International Financial Centre in Lagos.

Speaking during the ceremony, Governor Babajide Sanwo-Olu said his administration was committed to achieving the centre, which would unite both local and foreign investors.

He said, “The signing of the MoU signposts the beginning of another level of engagement in establishing Lagos International Financial Centre and making Lagos the first in sub-Saharan Africa that will get an international financial centre.

“It is not just about us; it is about the conversation of putting our country and both local and international investors on a platform that would make businesses work better and create an ambience of a more predictable and reliable financial centre in this part of the world.

“We are localising our idea and initiative to be able to also put Lagos and, by extension, Nigeria, on the world map of cities that have international financial centres.”

https://punchng.com/sanwo-olu-signs-mou-for-lagos-financial-centre/