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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

Nigeria: Dangote, NNPC Row Creating Wrong Signal to Investors - Adesina, Otedola

President of the African Development Bank (AfDB), Dr Akinwumi Adesina has said the rift between Dangote Refinery and the Nigerian National Petroleum Company (NNPC) Limited is… Read more »

Nigeria: Global Leaders Target Climate Funding for Nigeria, Others

Global leaders have set their sights on unlocking climate funding for Nigeria and other developing nations. Read more »

Nigeria: Economic Pressures Costing Nigeria Reinvestments - PWC

PricewaterhouseCoopers (PwC) has projected that Nigeria will witness a significant decline in reinvestments, a reversal in revenue growth rate, and decreased profit margins,… Read more »

Nigeria: Exxonmobil Targets Fresh Investment in Nigeria, Says We Are Not Leaving

ExxonMobil has expressed optimism about investing further in Nigeria's oil and gas industry, stating that it is not leaving the country despite ongoing divestment plans. Read more »

Nigeria: Chinese Investor Seizes Nigerian Govt Properties in UK

Two Nigerian properties located in the United Kingdom are on the verge of being taken over by a Chinese investor following an order granting the investor the right to enforce a $70… Read more »

Nigeria: EU-Nigeria Business Forum to Promote Bilateral Trade, Investment Stability

The Nigerian and European business leaders, policy makers and institutional stakeholders will converge on Abuja on July 2 to identify and explore investment opportunities along… Read more »

Nigeria: Oil Palm Producers Caution Against Foreign Involvement in Primary Production

The National Palm Produce Association of Nigeria (NPPAN) has cautioned states and local governments against involvement of foreign investors in primary production of oil palm in… Read more »

Nigeria: Tinubu Seeks Global Investment in Nigeria's Blue Economy

President Bola Ahmed Tinubu has invited countries worldwide, especially those on the African continent, to take advantage of the investment opportunities that abound in Nigeria's… Read more »

Morocco: $25bn Nigeria-Morocco Pipeline's Investment Decision to Be Taken in 2025

The Final Investment Decision(FID) for $25 billion mega Nigeria-Morocco pipeline project may now be taken in 2025. Read more »

Nigeria: Edun Calls for MDAs' Collaboration to Drive Economic Growth, Attract Investments

Minister of finance and coordinating minister of the economy, Mr Wale Edun has called on heads of agencies and parastatals under his ministry to work together in order to ensure… Read more »

Nigeria: Ncos Hotel Project Not Funded By FG, Says Official

Faced with the controversy trailing the unveiling of "COCOS Hotel and Gardens", an investment of the Correctional Service Multi-Purpose Co-operative Society, the leadership of the… Read more »

Nigeria: Nigeria Attracts U.S.$133 Million Private Infrastructure Participation in 2023 - World Bank

Nigeria in 2023 attracted $133 million in private infrastructure investment out of the $86 billion investments made in low- and middle-income countries, the World Bank Private… Read more »

Nigeria: Recapitalisation - Investors Set for N3.894trn Stake in Banks

As the banks begin their recapitalisation exercise, analysts say the capital market investors are set for the N3.894 trillion stakes in the banks, just as the Nigerian Exchange… Read more »

Nigeria: Gov Eno Goes Tough As Kidnappers, Cultists Threaten Tourism, Investors

Governor of Akwa Ibom State, Umo Eno, has read the riot act to security agencies over security breaches by kidnappers, cultists and other hoodlums. Read more »

Nigeria: Domestic Investors Stake N1.335trn in Equities in Q1

Total transactions by domestic portfolio investors in the stock market rose by 86.23 per cent as they invested a total value of N1.335 trillion in the first quarter (Q1) of 2024. Read more »

Nigeria: Army Chief Seeks Investment in Research to Combat Insecurity

The Chief of Army Staff, Lt. Gen. Taoreed Lagbaja has advocated investment in research and development to surmount insecurity in the country. Read more »