Nigeria’s telecommunications sector attracted a total of 991 million dollars in foreign direct investment, FDI, between 2022 and 2024, highlighting sustained investor interest in the industry despite regulatory reforms and …
FOREIGN DIRECT INVESTMENT
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BusinessEconomyForeign AffairsINVESTMENTNewsNigeriaTechnologyTelecommunications
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BusinessEconomyEnergyGOVERNMENTINVESTMENTOil & GasPolicies
FG Cuts Oil Block Signature Bonus to $3m–$7m
The Federal Government of Nigeria has reduced the signature bonus required for participation in the 2025 oil block licensing round, in a major move aimed at attracting more investors into …
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BusinessEconomyGovernment PolicyINVESTMENTManufacturingTrade
Abia State, Abuja Chamber Invite Turkish Investors Ahead of Abia-Türkiye Investment Summit
The Abia State Government, in partnership with the Abuja Chamber of Commerce and Industry (ACCI), has called on Turkish investors to take advantage of the vast business and investment opportunities …
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BusinessCapital MarketEconomyFinanceGovernment PolicyINVESTMENT
Stockbrokers Urge Federal Government to Reform Capital Market for $1tn Economy Target
The Chartered Institute of Stockbrokers has appealed to the Federal Government to urgently implement economic reforms that will reposition Nigeria’s capital market as a key driver in achieving the country’s …
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DevelopmentEconomyInfrastructureINVESTMENTNigeriaTrade and Commerce
Tinubu Meets Nigeria-China Strategic Partnership DG, Pushes for Fast-Tracked Economic Projects
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to using the Nigeria-China Strategic Partnership (NCSP) to drive industrialization, infrastructure growth, and economic transformation across the country. This came during …
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AfricaBusiness InsightsEconomyInternational RelationsINVESTMENTManufacturingNigeriaPoliciesSouth AfricaSpotlightTrade and Commerce
Trump’s Tariff War Shakes African Economies, Sparks Fresh Push for Trade Alternatives
The recent trade decision by United States President Donald Trump is now causing serious economic pressure across Africa. President Trump, under his “Liberation Day” trade policy, has introduced fresh tariffs …
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AFRICA NEWSBusiness and EconomyDevelopmentEastern AfricaEthiopiaFinance & ServicesTrade and Commerce
Ethiopian Economists Urge Transparent Forex Market to Control Rising Inflation
Economists under the Ethiopian Economics Association have advised the government to increase transparency in the foreign exchange market to help reduce the steady fall of the Ethiopian Birr. They warned …
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Banking, Finance & InvestmentEgyptNorth AfricaTrade and Commerce
Egypt’s Foreign Assets Rise by $1.5 Billion in One Month – Central Bank Confirms
The Central Bank of Egypt (CBE) has announced that the country’s net foreign assets recorded a sharp increase of over US$1.5 billion in February 2025. This pushed the total to …
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Banking, Finance & InvestmentBusiness InsightsEconomyGOVERNMENT
RMB Engages Investors, FG on Economic Outlook During Abuja Roadshow
Leading corporate and investment banking group, Rand Merchant Bank (RMB), has concluded a series of high-level engagements in Abuja as part of its West Africa investor roadshow, spotlighting Nigeria’s investment …
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Nigeria is West Africa’s largest recipient of Foreign direct investment (FDI) as its flow doubled to $4.8 billion in 2021, due to resurgence in investments in the oil and gas …