UAE Firms Invest $375.01m in Nigeria Despite Visa Ban   Private investors from the United Arab Emirates’ investments hit $375.01m in the country since a visa ban was placed on Nigeria in October 2022. Data from the latest Capital Importation report of the National Bureau of Statistics...

'Nigeria Borrows $1.7bn to Boost FX Inflows'   Nigeria got $1.71bn in foreign loans to boost foreign exchange inflow into the country in the first nine months of 2023. Total capital importation including Foreign Direct Investment, Foreign Portfolio Investment, and others amounted to $2.82bn in the time...

With 45.9% Gains, Nigeria's Stock Market Performed Better than Russia's in 2023 - Report   The Nigerian stock market has emerged as one of the world's best performing stock markets in 2023, with the All Share Index up by 45.9% year-on-year. According to a report by Statisense,...

Investments: NIPC Boss, Aisha Rimi, Urges Nigerians to Project Country's Positive Image  The Nigeria Investment Promotion Commission (NIPC) has sought a stronger partnership with the media come 2024 to establish a positive environment that will attract more investments into the country. This was disclosed during the...

Senate Consents to Tinubu’s Loan Request of $7.4 billion, 100 million Euros The Senate has approved President Bola Tinubu’s request on the 2022-2024 external borrowing plan of $7.4 billion and 100 million euros. This followed the adoption of the report of the Senate Committee on Local...

Lagos, FCT Lead in Capital Inflow, Attracting Combined $503.49m in 2023 Q3 By Zekeri Idakwo Lagos and the Federal Capital Territory (FCT) have taken the lead in capital importation in the third quarter of 2023. New data from the National Bureau of Statistics (NBS) shows that only...