April 21
Nigeria: Influencers, Bloggers Warned About Promoting Ponzi Schemes
The Securities and Exchange Commission (SEC) has warned influencers and bloggers against promoting unregistered investment schemes. Read more »
April 15
Nigeria: Investment in Youths Panacea to Ending Boko Haram Insurgency, Banditry - Zulum
Borno State governor, Babagana Umara Zulum, has hosted Northern Traditional Rulers Council for its 7th Executive Committee Meeting in Maiduguri on Tuesday, where he emphasised that… Read more »
April 03
Nigeria: Obasanjo's $700m Cameroon Investment Sparks Concerns Over Nigeria's Business Climate
Stakeholders have raised concerns over the investment climate in Nigeria following plans by the former President, Olusegun Obasanjo to invest $700 million (approximately N1.75… Read more »
April 01
Nigeria: Federal Govt Seeks Tangible Investment By International Oil Firms
The federal government has called on major oil companies operating in the country to reciprocate its efforts in enhancing the investment climate by committing tangible investments… Read more »
March 28
Nigeria: $1trn Economy - 'Nigeria Needs €1.05bn Data Centre Investment, 90,000km Fibre Expansion
Nigeria's ambition to build a $1 trillion economy depends on €1.05 billion in data center investment, a 90,000-kilometer fiber optic expansion, and a 10 percent broadband… Read more »
March 25
Nigeria: My Wealth Is God's Blessings, Not Investment - Davido
Nigerian music sensation David Adeleke, popularly known as Davido has declared that his type of wealth is not obtainable through investment but the blessings from God. Read more »
March 12
Nigeria: Nigeria, China Seek to Remove Trade Barriers
The Federal Government has called for the removal of obstacles hindering investment and economic growth as Nigeria and China move to strengthen bilateral trade relations. Read more »
March 07
Nigeria: Govt Unveils National Assets Register for Transparency, Investment
The federal government has officially launched the National Electronic Assets Register, a digital platform designed to provide real-time access to information about the country's… Read more »
March 05
Nigeria: Nigeria Secures $50.8bn Investment to Strengthen Global Trade
The minister of industry, trade, and investment, Dr. Jumoke Oduwole, has disclosed Nigeria's success in securing over $50 billion in investment from President Bola Ahmed Tinubu's… Read more »
February 18
Nigeria: Manufacturer's Capacity Utilisation, Production Volume, Investment Decline in Q4
A survey conducted by the Manufacturers Association of Nigeria (MAN) has revealed worsening impacts of the macroeconomic environment on the manufacturing sector in the fourth… Read more »
February 05
Nigeria: Nigeria Strengthens Economic Ties With Germany to Boost Investment
The Federal Government of Nigeria has pledged to reinforce its economic ties with Germany to attract foreign direct investment (FDI) and stimulate job creation, mainly through… Read more »
January 21
Nigeria: Foreign Direct Investment - Again, Captains of Industry Express Doubts Amid Policy Somersaults
Although the Minister of Finance and Coordinating Minister of Economy, Wale Edun, has lamented that over 800 companies have so far shutdown, the actions of some state governments… Read more »
December 17, 2024
Nigeria: Infracredit's Guarantee Mobilises Fixed-Rate Senior Green Sukuk
An 'AAA'-rated specialised infrastructure credit guarantee institution, InfraCredit, has announced credit enhancement of Prado Power Limited's Guaranteed Fixed-Rate Senior Green… Read more »
December 03, 2024
Nigeria: Nigerians to Apply for South African Visas Without Passports
President Cyril Ramaphosa announced that tourists from Nigeria can now apply for visas without submitting a passport. Read more »
November 28, 2024
Nigeria: Steer Clear of Marino Fx, SEC Warns Investors
The Securities and Exchange Commission (SEC) has warned the public not to transact any business with Marino FX Limited as the company is not registered by the Commission or to… Read more »
Nigeria: Investors Secure Over $100m Worth Deals At Agriculture Summit Africa
Investors have sealed deals worth over $100 million at the recently concluded Agriculture Summit Africa (ASA) convened in Abuja, recently. Read more »
November 08, 2024
Nigeria: We Signed 13 Years Interconnection Agreement With Dangote - Pinnacle
Pinnacle Oil & Gas said it had earlier signed a 13-year Interconnection Agreement Dangote Refinery, leveraging on its $1 billion Petrol Terminal for petroleum distribution… Read more »
October 20, 2024
Nigeria: Total Energies Reaffirms Investment in 350mpd Bonga North Offshore, Other Jv
Nigerian government has reiterated its commitment to ensuring a conducive operational environment for investors in the energy sector, with specific focus on the oil industry. Read more »
October 15, 2024
Nigeria: Nidcom, Afridu Partner for African Diaspora Investment
The Nigerians in the Diaspora Commission (NIDCOM) and the African Diaspora Union (AFRIDU) are taking deliberate steps to attract more investment from Africans in the Diaspora into… Read more »
September 20, 2024
West Africa: Ecowas, Power Ministry Seek Private Sector Investment in Green Hydrogen
The ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) and the Federal Ministry of Power have called for increased private sector investment in green hydrogen… Read more »
September 19, 2024
Nigeria: Tinubu Pledges Business-Friendly Reforms As Coca-Cola Commits $1bn Investment in Nigeria
President Bola Tinubu has reiterated his administration's commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct… Read more »
September 11, 2024
Nigeria: Data Centres - Forex Instability, Low FDI Threaten $230m Investment
The volatility of the foreign exchange (forex) market and declining foreign direct investment (FDI) are threatening over $230 million worth of investments in the data centre… Read more »
August 27, 2024
Nigeria: Exchange Fluctuation, Logistics Keep Prices of Fertiliser High - NSIA
The Nigeria Sovereign Investment Authority (NSIA) has attributed the continuous hike in the prices of fertiliser products in the local market to multiple problems of exchange rate… Read more »
August 20, 2024
Nigeria: Otuaro Urges Pap's Scholarship Beneficiaries to Justify FG's Investment
The Administrator of the Presidential Amnesty Programme (PAP), Dr Dennis Otuaro, has encouraged students under the Programme's foreign scholarship scheme to justify the Federal… Read more »
August 13, 2024
Nigeria: We've Signed Papers With Investors in Mechanised Agriculture - Otti
Governor Alex Otti of Abia State has said the government has signed agreements with various entrepreneurs interested in investing in mechanised agriculture in the state. Read more »