Foreign Investments In Nigeria Fall By 44% To $16.7bn In 2020 — NIPC       The Nigerian Investment Promotion Commission (NIPC) said it tracked $16.74 billion investment announcements in Nigeria for the year 2020, representing 44 percent less than the $29.91 billion tracked in 2019. NIPC disclosed this...

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...