Upstream Oil Sector Attracts $10bn in New Investments Nigeria’s upstream oil and gas sector is witnessing a resurgence in investor confidence, with over $10bn in new investments unlocked through recent regulatory reforms, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said. The Commission Chief Executive of...

$24bn Investments Flow into Nigeria’s Oil Sector as Reforms Take Hold - NNPC The Nigerian National Petroleum Company Limited (NNPCL) has said recent reforms in the oil and gas sector have unlocked over $24bn in fresh investments, with an additional $10bn currently in the pipeline,...

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...