Tag: #Investment
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SAO TOME’S REJECTED OIL BIDS HIGHLIGHT URGENT DIVERSIFICATION LESSONS FOR NIGERIA
The decision by Sao Tome and Príncipe to reject bids for three offshore oil blocs is raising important questions about the future of oil investment and what it means for Nigeria’s economy. Despite offering investors highly attractive terms, including up to 85 per cent ownership stakes, the Central African nation received bids from only two…
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JACK-RICH, ERIC TRUMP PUSH FOR SRONGER U.S.-NIGERIA PARTNERSHIP TO DRIVE AFRICA’S GROWTH
A stronger partnership between Nigeria and the United States could unlock new opportunities for economic growth, industrialisation and job creation across Africa, according to business leader Tein Jack-Rich. Speaking at the Celebrate America 250 event in Washington, D.C., the President of Belemaoil Group said Nigeria’s abundant natural resources, youthful population and strategic importance position it…
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NIGERIA SAFE FOR INVESTMENT AND TOURISM, IGP DISU ASSURES GLOBAL COMMUNITY
Inspector-General of Police, Tunji Disu, has assured the international community that Nigeria remains safe for investment, tourism and business activities, despite ongoing security challenges in some parts of the country. Speaking in New York, Disu said security agencies are working around the clock to protect lives and property, while adopting modern technologies to combat terrorism,…
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JIGAWA COURTS INVESTORS, SHOWCASE OPPORTUNITIES IN AGRICULTURE, ENERGY AND MANUFACTURING AT J-INVEST 2026
Jigawa State is intensifying efforts to attract new investments and drive economic growth, with Governor Umar Namadi calling for stronger partnerships at the Second Jigawa State Economic and Investment Summit, J-INVEST 2026, held in Dutse. Speaking at the summit, Namadi said the event was designed to move beyond discussions and create practical investment opportunities. He…
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U.S. MARKS 250TH INDEPENDENCE, REAFFIRMS STRONGER TRADE AND SECURITY TIES WITH NIGERIA
The United States Mission in Nigeria has reaffirmed its commitment to strengthening bilateral relations with Nigeria as it celebrated America’s 250th Independence anniversary in Lagos. The event brought together top government officials, diplomats, traditional rulers, business leaders and other dignitaries at the U.S. Consul General’s Residence in Ikoyi. Speaking at the celebration on Wednesday July…
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INVEST LAGOS SUMMIT: SANWO-OLU WOOS INVESTORS
The Governor of Lagos State, Babajide Sanwo-Olu, says Lagos is Africa’s foremost investment gateway, offering unparalleled opportunities for trade, innovation, infrastructure development, and economic expansion across the continent. Sanwo-Olu said this at the opening of the third edition of Invest Lagos Summit 3.0, where investment stakeholders gathered to explore opportunities across strategic sectors of the…
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NIGERIA PARTNERS AFDB ON AVIATION INFRASTRUCTURE, FLEET MODERNISATION
Nigeria has signed a partnership agreement with the African Development Bank (AfDB) to modernise aviation infrastructure, improve regional connectivity and strengthen airline competitiveness across Africa. The agreement was signed on the side-lines of the 2026 Annual Meetings of the African Development Bank( AfDB) Group in Brazzaville on Thursday May 28. Speaking at the ceremony, Mike…
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UZODIMMA CALLS FOR STRONGER DIPLOMATIC PARTNERSHIPS TO DRIVE GROWTH
Imo State Governor and Chairman of the Progressive Governors Forum, Hope Uzodimma, has called for deeper collaboration between Nigeria’s diplomatic community and the Federal Government to support investment, security cooperation and sustainable development. Speaking during an interactive session with diplomats in Abuja, Uzodimma said the Renewed Hope Agenda is designed to strengthen institutions, restore investor…
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PRESIDENT TINUBU ARRIVES NAIROBI FOR AFRICA FORWARD SUMMIT ON INVESTMENT AND DEVELOPMENT
President Bola Tinubu has arrived in Nairobi, Kenya, to attend the Africa Forward Summit focused on investment and sustainable development across Africa. According to a presidential statement, the President landed at Jomo Kenyatta International Airport at about 12:18 a.m. local time and was received by Kenyan officials and members of Nigeria’s diplomatic mission. The summit,…
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TINUBU TAKES REFORMS GLOBAL: PRESIDENT PITCHES NIGERIA TO INVESTORS IN PARIS
President Bola Ahmed Tinubu has taken Nigeria’s economic reform drive to Paris, assuring top investors that his policies are built on stability, transparency, and long-term growth. At a high-level meeting with global firms like Citibank and Amundi, Tinubu said recent reforms are aimed at fixing structural issues and delivering real benefits for Nigerians. Finance Minister…
