Foreign Investments To Decline By 50% In 2021, Worst In 20 Years — NIPC         Global Foreign Direct Investments (FDI) has been projected to drop by 40 per cent this year and 50 per cent in 2021, being the worst in the last 20 years. The Executive...

Lafarge, Dangote Sinotrucks, 35 Others Enjoy Three-year Tax Holidays         Lafarge Africa Plc, Honeywell Flour Mills Nigeria Plc, Dangote Sinotrucks West Africa, and 34 other firms have been identified as companies currently enjoying Pioneer Status Incentive of the Federal Government. The Nigerian Investment Promotion Commission in its...

Investment Commitment Dipped By $10.9bn – NIPC     The total investment commitment by investors in Nigeria between January and June 2020 is $5.06bn, the Nigerian Investment Promotion Commission has said. It, however, stated that this was 67 per cent ($10.9bn) less than the value recorded in the...

MTN, Others Plan $4.8bn Investment In Nigeria   Ten companies are planning to invest the sum of $4.8bn in various sectors of the Nigerian economy, the Nigerian Investment Promotion Commission has said. Highlights of the investment plans are contained in a report released by the NIPC. The report...

Nigeria Recorded $29.91bn Investment Inflows in 2019 - NIPC     About $29.91billion worth of investments were recorded in the Nigerian economy as at the end of 2019, the Nigerian Investment Promotion Commission (NIPC) report has revealed. The amount is a 67 per cent drop from what was...

Investment Commitments Drops By $60.99bn In 2019 – NIPC   The Nigerian Investment Promotion Commission said that the country recorded investment commitments of $29.91bn in the 2019 fiscal period. The amount is $60.99bn or 67 per cent less than the $90.89bn that was tracked in 2018. It attributed...