Category : Search result: foreign direct investment Nigeria


Nigeria's Q3 Current Account Surplus Falls 41%

Nigeria's current account surplus dropped sharply to $3.42bn in Q3 2025, a 41% decline. Explore the CBN data on oil exports, remittances, and rising external obligations shaping the nation's balance of payments.

Nigeria Misses 2025 Broadband Target, New Plan in Works

Nigeria falls short of its 70% broadband penetration goal for 2025, reaching only 50.58%. The NCC confirms a new five-year plan is underway, focusing on satellite technology to bridge the digital divide. Read more.

CBN Directs Banks to Enable Foreign Card Use on ATMs, POS

The CBN mandates Nigerian banks to configure ATMs and POS terminals to accept foreign cards, introducing new security measures for transactions above $200 daily. Report challenges to the Consumer Protection Department.

NSIA's 2025 Review: $3B Assets, Key Projects

Nigeria's Sovereign Wealth Fund, NSIA, surpasses $3 billion in assets in 2025, launching major projects in healthcare, renewable energy, and tech innovation. Read the full review of a year of progress.

Kebbi Govt Downplays Insecurity, Woos Investors

Kebbi State Government assures investors of a stable environment for business, highlighting strong regulations and key sectors like energy and agriculture. Dr. Mohamed Kamba says insecurity is exaggerated.

UAE invests $6bn in Africa's tourism sector

The UAE announces a massive $6 billion investment plan for African tourism development, targeting aviation, infrastructure, and digital projects. Learn how this partnership aims to create thousands of jobs.

Naira resilient despite festive dollar demand surge

The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.

Naira Drops to N1,454/$1 Amid Festive Dollar Demand

The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.

Gumi: Foreign Powers Backing Terrorists in Nigeria

Prominent Islamic scholar Sheikh Ahmad Gumi claims wealthy foreign actors support bandits, worsening Nigeria's insecurity. He advocates for addressing root causes and strategic force. Read his full analysis.

Indian rupee hits record low past 90 per dollar

India's rupee falls to a historic low beyond 90 against the US dollar, driven by foreign outflows and stalled US trade talks. Analysts see a new market-aligned approach from the central bank. Read more for the full analysis.

Page 1 of 4