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November 21, 2023
Nigeria: In Berlin, Tinubu Pushes for Investment in Nigeria's Power, Rail Transport Sectors
President Bola Tinubu met with German Federal Chancellor, Olaf Scholz, yesterday in Berlin, where he stated that Nigeria's pursuit of German investment in targeted sectors of the… Read more »
June 26, 2023
Nigeria: AfDB, EIB, IDB, Who Launch New Investment Platform to Strengthen Primary Healthcare
In a landmark development aimed at investing in and strengthening essential, climate and crisis-resilient primary health care services in low- and low-and-middle income countries,… Read more »
May 04, 2023
Nigeria: Kyari Urges African Oil Industry Players to Prioritise Investment in Renewable Energy Infrastructure
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari has called for collaboration among oil and gas industry players and… Read more »
April 17, 2023
Nigeria: Sanwo-Olu Woos Investors in America, Says Lagos Right Place for Investments
Lagos State Governor, Mr. Babajide Sanwo-Olu, has urged existing and potential investors to continuously see Lagos, "the crown sub-national jewel of the African economy," as a… Read more »
April 07, 2023
Nigeria: Only Investment in Human Capital Can Bring Development to Nigeria - Obi
*Says his commitment to societal development remains unchanged Read more »
February 06, 2023
Nigeria: Analysts Express Concern Over Double-Dight Inflation On Investment
Analysts during the weekend x-rayed the state of Nigeria's double-digit inflation rate on investment in 2023, urging investors to utilize other opportunities in a tough business… Read more »
Nigeria: Govt Considering Fiscal Incentives to Boost Private Sector Investment in Education - Ahmed
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said the federal government is currently working to create fiscal incentives to encourage private… Read more »
February 01, 2023
Nigeria: Obaseki Urges Better Collaboration, Investment to Tackle Tropical Diseases
In order to sustain the progress recorded in the fight against Neglected Tropical Diseases (NTDs), which have affected over one billion people globally, the Edo State Governor, Mr.… Read more »
January 20, 2023
Nigeria: Climate Investment - Nigeria, China, Others May Lose U.S.$377 Billion GDP Growth
Failure to invest the bare minimum needed to withstand projected climate damage could cost China, Nigeria and other emerging markets a whooping $377 billion in climate damages and… Read more »
December 21, 2022
Nigeria: At 16.67%, Foreign Portfolio Investments in Stock Market Hits Over 9-Year Low
Amid 2023 political uncertainty and scarcity of foreign exchange, foreign portfolio investments in the Nigerian stock market dropped to 16.67 per cent in 11 months of 2022, the… Read more »
December 19, 2022
Nigeria: Obaseki, EU Strengthen Ties, Explore Investment Opportunities in Culture, Human Capacity Devt, Others
The Edo State Governor, Mr. Godwin Obaseki, has said his government is strengthening partnership with the European Union to sustain the gains recorded by his administration in… Read more »
December 02, 2022
Nigeria: $1.4bn Investment in Northern Hydrocarbons to Yield $6bn Revenue in 20 Years - NNPC
The $1.4 billion external project finance agreement jointly arranged by the Standard Chartered Bank, UK, and United Bank for Africa for Northern Hydrocarbon Funding Limited, would… Read more »
November 03, 2022
Nigeria: $15.6bn Investment Interests Generated for Lagos-Abidjan Highway in 2022 - Adesina
The President of the African Development Bank Group, (AfDB), Dr. Akinwunmi Adesina, has said from the virtual Africa Investment Forum held in March this year, the bank secured… Read more »
November 01, 2022
Nigeria: IEA - Renewable Energy Investment Needs to Triple, Hit $1.3trn By 2030 to Realise 2050 Goals
Investment in renewables must more than triple to $1.3 trillion annually by 2030 if the world is to reach net-zero emissions by 2050, the International Energy Agency (IEA) has said… Read more »
October 27, 2022
Nigeria: 30 Years of Consistent Investment Required to Control Flood Menace - Govt
The federal government has declared that it would take 30 years of consistent investment for the flood menace to be controlled in Nigeria. Read more »
October 24, 2022
Africa: IFC - Nigeria to Get $70bn Share of $1trn Climate Change Investment Opportunity in Africa
The International Finance Corporation (IFC), an arm of the World Bank Group, has disclosed that Nigeria would get about seven per cent share of the $1 trillion climate change… Read more »
October 18, 2022
West Africa: Buhari Calls For Investment In STI To Drive Industrialisation In West Africa
Nigeria and other West African countries need more investment in Science Technology and Innovation (STI) to drive the industrialisation process in the region, President Muhammadu… Read more »
October 17, 2022
Nigeria: To Bridge Budget Deficit, Govt Raised N2.44 Trillion Via Bonds in 9 Months
The federal government in nine months of 2022 raised a sum of N2.44 trillion through the FGN bond market to finance N6.26trillion 2022 budget deficit, the Debt Management Office… Read more »
October 11, 2022
Nigeria: Nigeria to Take Final Investment Decision On $25bn Gas Pipeline Next Year - NNPC
The Nigerian National Petroleum Company Limited (NNPC), along with its partners could take a Final Investment Decision (FID) on the $25 billion Nigeria-Morocco gas pipeline in… Read more »
September 26, 2022
Nigeria: In Quest for Increased FDI, Govt Sets Up Oil, Gas Investment Promotion Centre
As part of its drive for increased Foreign Direct Investments (FDI) into the Nigerian oil and gas industry, the federal government has finally set up the Oil and Gas Investment… Read more »
Africa: Obasanjo, Okonjo-Iweala, Okadigbo Seek Increased Investment in Power Sector to Tackle Africa's Energy Poverty
Former President Olusegun Obasanjo, the Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala and the Board Chairman of the Nigerian National Petroleum… Read more »
Nigeria: Fuelled By Investors Appetite for Higher Returns, Firms Raise N553.9bn CPs in 8 Months
As investors' appetite for higher returns continues to swell following rising interest rates, listed/unlisted companies are taking advantage raising a whopping sum of N553.8… Read more »
September 22, 2022
Nigeria: Nigeria's Investment in Security Yielding Positive Results - Buhari
President Muhammadu Buhari has expressed happiness that the present administration's investments in improving security are yielding good dividends across the country. Read more »
September 19, 2022
Nigeria: MPR Hike - 13 Banks Generates N2.04trn Interest From Customers Loans, Securities Investment
A total of 13 banks generated N2.04trillion interest from customers loans, Securities investments, among others in first half year ended June 30, 2022 on the back of Central Bank… Read more »
September 18, 2022
Nigeria: Nigeria Moves to Attract Foreign Investment to Economy
Nigeria, in collaboration with the Africa Business Roundtable, will this week hold the second edition of the Nigeria International Economic Partnership Forum (NIEPF), a global… Read more »
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