4 d. ago Reps propose Nigerian citizenship for major foreign investors

A bill for an Act to alter the Constitution of the Federal Republic of Nigeria, 1999 to include citizenship by investment as one of the classes of citizenship in Nigeria, scaled second reading at the House of Representatives on Wednesday. The Citizenship by Investment Bill, which is among the Constitution amendment bills presently before the Read More

Politics

4 d. ago From potential to industrial dominance: The Southeast’s path to economic greatness (I)

By Benard I. Odoh The meeting hall in the heart of the Southeast was packed. Industry leaders, policymakers, young entrepreneurs, and foreign investors filled every seat, their eyes fixed on the massive screen displaying a startling statistic: “Nigeria holds over 209.5 trillion cubic feet (TCF) of proven natural gas reserves, ranking as the largest in […] The post From potential to industrial dominance: The Southeast’s path to economic greatness (I) appeared first on The Sun Nigeria.

Politics

6 d. ago NGX transactions fall to N509bn on foreign investments withdrawal

The Nigerian Exchange Limited recorded a sharp decline in trading activity in February 2025, as total transactions dropped by 16.07 per cent to N509.47bn from N607.05bn in January. The decline was driven by a significant withdrawal of foreign investors, whose transactions fell by 40.36 per cent from N71.51bn to N42.65bn within the month. Data from Read More

Politics

1 week ago FG attracts $14bn, €250m foreign investments from India, Netherlands

Nigeria has secured an investment of $14bn from India, spanning multiple sectors, according to the Minister of Foreign Affairs, Yusuf Tuggar. The announcement was made during the 5th Ministerial Press Briefing in Abuja on Thursday. In addition to the Indian investment, the country has also secured €250m for local businesses through the Netherlands. Tuggar highlighted Read More

Politics

1 week ago Nigeria strengthens global influence, secures $25bn foreign investments

…says Senate to get ambassadorial list soon The Federal Government has reaffirmed its dedication to enhancing Nigeria’s global image, attracting read more Nigeria strengthens global influence, secures $25bn foreign investments -Tuggar 

Politics

1 week ago First Lady hailed for diplomatic efforts boosting Nigeria’s FDI

From Juliana Taiwo-Obalonye, Abuja First Lady of Nigeria Oluremi Tinubu has been praised for her diplomatic efforts on the international stage, which are aiding the country’s quest to attract and sustain foreign direct investment (FDI). She was commended by Minister of Industry, Trade and Investment, Jumoke Oduwole, when the latter paid a courtesy visit to […] The post First Lady hailed for diplomatic efforts boosting Nigeria’s FDI appeared first on The Sun Nigeria.

Politics

1 week ago Gov Radda Champions Africa’s Economic Future At Oxford Forum

Katsina State is poised to welcome new waves of investment as Governor Malam Dikko Umaru Radda leads efforts to secure partnerships with Oxford University, foreign investors, and development finance institutions to fund agricultural, energy, and technology initiatives in the state. This initiative follows Governor Radda’s participation at the 2025 Oxford Africa Business Forum, held at […]

Politics

2 w. ago Katsina gov courts foreign investors for agriculture, energy, technology

Katsina State Governor, Dikko Radda, has urged foreign investors and development finance institutions to fund key projects in agriculture, energy, and technology to drive economic growth in the state. Radda made the call following his participation at the ongoing 2025 Oxford Africa Business Forum, held at the Saïd Business School, University of Oxford, United Kingdom. Read More

Politics

2 w. ago Nigeria Targets Regulations To Smoothen Opportunities In AfCFTA

With the earlier commitment of Nigeria to World Trade Organisation(WTO) global trade agreement in which foreign investors can own a firm 100 percent in the country, a development that is now haunting the African giant at the continental level, Nigeria is now set to employ the tool of regulation to set conditions for foreign investors […]

Politics

2 w. ago Ongoing oil sector reforms attracted $17bn investment in 2024 – NNPCL

The Nigerian National Petroleum Company Limited has revealed that reforms in the oil and gas sector, driven by the enactment of the Petroleum Industry Act 2021 and Executive Orders issued by President Bola Tinubu, attracted about $17bn in foreign investment in 2024. The Executive Vice President of Upstream, Udy Ntia, disclosed this during an investor Read More

Politics

3 w. ago 10 stockbrokers transact 55.10 per cent of trading value in February

Tribune Online 10 stockbrokers transact 55.10 per cent of trading value in February In February, 10 stockbrokers accounted for 46.39 percent of the total trading volume executed by Nigerian stockbrokers, transacting an impressive 8.6 billion shares. In terms of transaction value, the leading stockbrokers represented 55.10 percent of the overall trading value for the month, totaling N281.5 billion. According to the Nigerian Exchange Group (NGX) in a detailed […] 10 stockbrokers transact 55.10 per cent of trading value in February Tribune Online

Politics

3 w. ago Foreign investors dump N455bn stock over FX crisis, inflation

Foreign investors withdrew N455.62bn from the Nigerian stock market in 2024, significantly outpacing total inflows and reinforcing concerns about investor confidence despite the Central Bank of Nigeria’s efforts to stabilise the naira. Industry experts attributed this to the volatility of the naira, stressing that it created uncertainties and that inflation also caused a blurry future Read More

Economics

3 w. ago “Nigeria Secured $50bn Investment From Tinubu’s Foreign Trips” – Jumoke Oduwole

Nigeria’s Minister of Industry, Trade, and Investment, Jumoke Oduwole, has announced that President Bola Tinubu’s foreign trips have secured $50 billion in investment commitments for the country The minister highlighted that these commitments span from various sectors, including oil and gas, agriculture, technology, and infrastructure. She emphasised that Tinubu’s proactive engagements with international investors and […] The post “Nigeria Secured $50bn Investment From Tinubu’s Foreign Trips” – Jumoke Oduwole appeared first on Information Nigeria.

Politics

3 w. ago Nigerian Eurobonds rally in February on sustained foreign interest

Nigeria’s Eurobond market closed the month of February in positive territory, signalling sustained foreign investor confidence. According to data from read more Nigerian Eurobonds rally in February on sustained foreign interest

Politics

3 w. ago Tinubu’s Foreign Trips Earn Nigeria $50bn Investment Announcements – Minister

The Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, has outlined Nigeria’s success in securing over $50 billion in investment announcements from President Bola Tinubu’s international trips. Speaking at the third edition of ministerial press briefing in Abuja on Tuesday, Dr. Oduwole projected that the investments could generate a return of $50-$80billion by 2030, […]

Politics

last month Foreign investors withdrew N45.8bn from NGX in January – Report

Foreign investors withdrew N45.85bn from the Nigerian stock market in January 2025, an outflow that significantly overshadowed the N25.66bn recorded as foreign inflows within the same period. The latest Nigerian Exchange Domestic and Foreign Portfolio Investment Report revealed that foreign outflows accounted for 64.12 per cent of total foreign transactions on the exchange, reinforcing concerns Read More

Politics