Tinubu Hails NGX's N100trn Milestone, Encourages Investment   President Bola Tinubu has praised corporate Nigeria, citizens, and stakeholders in the Nigerian capital market for helping the Nigerian Exchange surpass the historic N100 trillion market capitalisation milestone, describing it as a signal of a “new economic reality”...

Nigeria Now Exciting Place to Invest - Bayo Ogunlesi Bayo Ogunlesi, the chairman of Global Infrastructure Partners, says his company plans to invest in Nigeria, describing the country as an “exciting place to invest in”. Ogunlesi spoke to state house journalists after a recent closed-door meeting...

Manufacturing Sector's Appeal Dims Amid Shrinking Investments   The manufacturing sector is losing foreign investments, as an 87 per cent gap in 27 months betrays an unattractive industry. Stakeholders say that only stable macroeconomic conditions can cause a rebound. The gap between foreign capital inflows into Nigeria’s...

Agro-Processing Sector Needs $538m Annual Investment - LCCI   The Lagos Chamber of Commerce and Industry’s Agricultural and Allied Group has projected that increasing nationwide agro-processing capacity would require a continuous investment of $538m yearly for at least a decade. In separate phone interviews, agriculture stakeholders urged...

MAN Reports 35% Drop in Manufacturing Sector Investments   A report by the Manufacturers Association of Nigeria (MAN) has revealed that investments in the manufacturing sector contracted by 35.3 per cent in 2024. The sector endured a sharp contraction in real investment in the past year, as...

NNPC Targets $30bn Investments in Oil Sector by 2027   The Nigerian National Petroleum Company Limited (NNPCL) has unveiled its agenda for attracting $30 billion investments by 2027 and $60 billion by 2030. The Group Chief Executive Officer (GCEO) Bayo Ojulari disclosed this to members of staff...