Nigeria will assume chairmanship of the Intergovernmental Group of Twenty-Four, known as the G-24, from Argentina on November 1, 2025, the Central Bank of Nigeria announced on Wednesday. The transition marks a milestone for the country, which has in recent years championed deeper economic collaboration among developing nations.
Formed in 1971, the G-24 represents the interests of developing economies in shaping global monetary policy and development financing. Nigeria is expected to unveil its work programme after consultations with member states.
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CBN Governor Olayemi Cardoso, speaking on behalf of Finance Minister Wale Edun, reaffirmed Nigeria’s resolve to strengthen the group’s influence and promote inclusive dialogue. He said the new leadership would prioritise equitable growth and global stability, ensuring developing countries remain central to international economic decision-making.
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