Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has explained the rationale behind the $706.84 million foreign capital inflow into Nigeria.

Africa struggled to attract Foreign Direct Investment (FDI) in 2025 as inflows fell by 38 percent, even as global FDI rebounded by 14 percent, according to preliminary estimates by the United Nations Conference on Trade and Development (UNCTAD).

A Qatari business delegation, led by a member of the country’s ruling family, Sheikh Abdulrahman Hamad N. H. Al-Thani, has announced plans to invest about $300 billion in various sectors of the Nigerian economy over the next decade.

The 650,000 barrels per day capacity Dangote Petroleum Refinery in the Ibeju-Lekki area of Lagos is currently bailing the Federal Government

The Nigerian Economic Summit Group (NESG) has warned that the US President, Donald Trump’s tax reforms may lead to a reduction in foreign direct investment (FDI) to Nigeria.

FG Records $5bn FDI as 11 Investment Picks Shun Nigeria   President Bola Tinubu and Vice President Kashim Shettima undertook 41 trips across 23 countries in their first 17 months in office, spending 180 days, equivalent to six months, on foreign engagements. Analysis shows that Tinubu, with...