Nigeria Names Ex-Investment Banker Wale Edun as Finance Minister
- Edun elevated from his position as adviser on monetary policy
- Investors have cheered Nigerian reforms but challenges remain
Bola Tinubu
Photographer: Kola Sulaimon/AFP/Getty ImagesNigeria’s President Bola Tinubu named Wale Edun, who served as his senior adviser on monetary policy, as finance minister.
A former chair of Lagos-based investment bank Chapel Hill Denham Group, Edun has played a key role in the West African nation’s market-pleasing moves away from the unorthodox methods of the central bank under its suspended governor Godwin Emefiele.