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FG Attracts $14bn, €250m Investments From Netherlands, India

FG Attracts $14bn, €250m Investments From Netherlands, India   Nigeria has secured an investment of $14bn from India, spanning multiple sectors, according to the Minister of Foreign Affairs, Yusuf Tuggar. The announcement was made during the 5th Ministerial Press Briefing in Abuja on Thursday. In addition to the...

NUPRC: Oil Reserves Drop By 50bn Barrels As Investments Decline

According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country's oil reserves have declined by 50 billion barrels over the past 14 years.  

World Bank: Investments In Africa Have Hit $38bn

The World Bank Group has just disclosed that its investments in Africa have hit $38 billion in 2024, contributing to a global commitment of $117.5bn. 

CBN, IFC Agree on $1bn Investments in Major Sectors

CBN, IFC Agree on $1bn Investments in Major Sectors   The International Finance Corporation (IFC) a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have announced an agreement to scale up local currency financing, unlocking over $1bn in investments across key...

Tinubu: Fuel Price Hike Will Free Up Resources For Investments

According to President Bola Ahmed Tinubu, the recent fuel price increase was essential to free up resources for infrastructure investments, including road development. 

Africa Holds Vast Opportunities for Investments – Tinubu Tells Chinese Premier

President Bola Tinubu says Africa holds vast opportunities for investments, growth, and development with its vibrant population, productive economy, and natural resources.