25 h. ago Nigeria’s stock market stumbles in Q1 as investors seek safety in Treasury bills

The Nigerian equities market turned in a lukewarm performance in the first quarter of 2025, with the NGX All-Share Index read more Nigeria’s stock market stumbles in Q1 as investors seek safety in Treasury bills

Economics

37 h. ago Chinese firm plans $1bn investment in Nigeria, lauds Sugar Master Plan

The National Sugar Development Council (NSDC) has signed a major Memorandum of Understanding (MoU) with SINOMACH, a Chinese conglomerate, for read more Chinese firm plans $1bn investment in Nigeria, lauds Sugar Master Plan

Politics

43 h. ago Nigeria must aggressively invest in gas, reinstate PPAs – Barth Nnaji

Barth Nnaji, former minister of power has made a strong case for Nigeria to aggressively pursue investments in its natural read more Nigeria must aggressively invest in gas, reinstate PPAs – Barth Nnaji

Politics

45 h. ago Chinese investors to inject $1bn into Nigeria’s sugar industry

The National Sugar Development Council has signed a Memorandum of Understanding with Chinese conglomerate, SINOMACH, for a sugarcane cultivation and processing project that aims to produce up to one million metric tonnes of sugar annually in Nigeria. According to a statement on Sunday, the agreement, a product of the Nigeria-China Strategic Partnership initiated by President Read More

Politics

4 d. ago Danish terminal operator renews $500m investment pledge in Nigerian ports amid continued expansion push

Global port operator APM Terminals, a major player in Nigeria’s maritime sector, has renewed its commitment to invest $500 million read more Danish terminal operator renews $500m investment pledge in Nigerian ports amid continued expansion push

Politics

4 d. ago FG commissions $120bn Afreximbank African Trade Centre in Abuja

By Isaac Anumihe, Abuja The Federal Government (FG) today commissioned the $120 billion Afreximbank African Trade Centre (AATC) in Abuja. The centre aims to unite the Nigerian, African, and global trade and investment ecosystem, creating a network to tap into business opportunities in Nigeria. Secretary to the Government of the Federation, Dr George Akume, representing […] The post FG commissions $120bn Afreximbank African Trade Centre in Abuja appeared first on The Sun Nigeria.

Politics

4 d. ago FG woos French investors with economic reforms, market potential

The Minister of Information and National Orientation, Mohammed Idris, has urged French businesses to seize new investment opportunities emerging from Nigeria’s sweeping economic reforms. Addressing the Nigeria Business Forum in Paris on Thursday, Idris said the country is undergoing a transformation aimed at fostering private-sector growth and deepening ties with international partners, particularly France. The Read More

Economics

4 d. ago Sweden pledges investment in Nigeria’s ICT, innovation hub sectors

Andreas Carlson, Sweden’s Minister for Infrastructure and Housing has pledged his country’s commitment to investing in Nigeria’s Information and Communication read more Sweden pledges investment in Nigeria’s ICT, innovation hub sectors

Politics

4 d. ago Maritime operations: APM to invest $500 million to expand in Nigeria

From Idu Jude, Abuja Foreign maritime operator APM Terminals has pledged a hefty $500 million to boost its port operations in Nigeria. The group shared this during a visit to Adegboyega Oyetola, Minister of Marine and Blue Economy, in Abuja. Led by Chief Financial Officer Peter Wikstrom, the team included Igor Van den Essen, President […] The post Maritime operations: APM to invest $500 million to expand in Nigeria appeared first on The Sun Nigeria.

Politics

4 d. ago Nigeria must diversify exports to shield effects of Trump’s tariffs — NACC president

Nigeria, like many other countries, has been slammed with sweeping tariffs that have sent investors scampering for safe havens and read more Nigeria must diversify exports to shield effects of Trump’s tariffs — NACC president

Politics

5 d. ago Dangote group seeks massive investment to boost Nigeria’s industry

The Dangote Group has advocated the need for massive investment in technology to boost Nigeria’s industrial sector and enhance global recognition. Speaking at Dangote’s Special Day on Wednesday, at the ongoing 36th Enugu International Trade Fair, Mr. Ayirioritse Okerentie, Deputy Regional Director, South East, Dangote Cement Plc, highlighted the importance of adopting best-in-class global practices Read More

Politics

5 d. ago US tariff: FG targets 250 export markets, backs exporters to maximise AfCFTA

By Merit Ibe                                               ibe.merit@yahoo.com  In response to the United States’ 14 per cent tariff slam on Nigeria, the federal government, through the Ministry of Trade and Investment is setting its sights on […] The post US tariff: FG targets 250 export markets, backs exporters to maximise AfCFTA appeared first on The Sun Nigeria.

Politics

5 d. ago Temile Development Company’s gas sector investment hits $450m

• Secures 88,000 cubic meter VLGC contract, FG hails investments drive The Nigerian gas sector has received a significant investment boost with Temile Development Company Ltd securing a contract with Hyundai Heavy Industries for the construction of an 88,000 cubic meter Very Large Gas Carrier (VLGC). The contract, signed in London, United Kingdom on Wednesday […] The post Temile Development Company’s gas sector investment hits $450m appeared first on The Sun Nigeria.

Politics

5 d. ago FGN Power Company, Chinese firm sign $328M deal to boost electricity in Nigeria

The Federal Government of Nigeria (FGN) Power Company has signed a major Engineering, Procurement, Construction and Financing (EPC&F) contract worth read more FGN Power Company, Chinese firm sign $328M deal to boost electricity in Nigeria

Politics

5 d. ago Market fails to sustain gain as investors sell ETI, PZ, Unilever

Nigeria’s equities investors booked about N119billion loss on Wednesday as the market failed to sustain the preceding day’s positive. ETI, read more Market fails to sustain gain as investors sell ETI, PZ, Unilever

Politics

6 d. ago No Country Can Have Its Problems Solved By Other Countries – Dangote

Africa’s richest man and president of the Dangote Group, Aliko Dangote, has emphasised that no country can rely solely on external solutions to address its internal challenges. Dangote called for collaborative efforts among stakeholders to tackle Nigeria’s economic hurdles, highlighting the importance of domestic investment and innovation. This appeal comes as global economic uncertainties continue […]

Politics

6 d. ago PenCom DG to IMF: N5.51trn pension investments driving Nigeria’s real sector growth

From Adanna Nnamani, Abuja The Nigerian pension industry has allocated N5.51 trillion across various asset classes, strategically supporting long-term financing for the nation’s real sector growth. These investments span critical areas such as infrastructure, private equity, real estate, and subnational initiatives. Ms. Omolola Oloworaran, Director General of the National Pension Commission (PenCom), shared this during […] The post PenCom DG to IMF: N5.51trn pension investments driving Nigeria’s real sector growth appeared first on The Sun Nigeria.

Politics

6 d. ago Nigeria to invest in sustainable aviation infrastructure – Keyamo

By Sola Ojo, Abuja Nigeria’s Minister of Aviation and Aerospace Development, Mr Festus Keyamo, said on Tuesday that the federal government is investing in sustainable aviation infrastructure. He spoke during a visit from the House Committee on Aviation at his Abuja office. Keyamo stressed the need to cut the aviation industry’s carbon footprint. He noted […] The post Nigeria to invest in sustainable aviation infrastructure – Keyamo appeared first on The Sun Nigeria.

Politics

6 d. ago PenCom laments investment gaps amid N5.51tn real sector injection

The National Pension Commission has lamented the limited availability of investable instruments that currently meet the minimum requirements for pension funds’ investments in Nigeria. This is even as the regulator revealed that a total of N5.51tn has been committed to asset classes that support long-term financing for real sector growth. These investments span infrastructure, private Read More

Politics

6 d. ago DSTv, Starlink, others pay ‘peanuts’ to operate in Nigeria – Minister

The Minister of Innovation, Science and Technology, Uche Nnaji, on Tuesday, said the Federal Government has been exploring measures to curb the growing exploitation of satellite technologies, lamenting that Starlink, DSTV, and a few other service providers pay ‘peanuts’ to operate in Nigeria. According to him, some foreign investors have been known to find a Read More

Politics