Gumi: US Airstrikes Risk Making Nigeria a Theatre of War
Prominent cleric Sheikh Ahmad Gumi warns US military involvement in Nigeria's counter-terrorism could inflame tensions and polarise the nation. He urges alternative partners.
Category : Search result: foreign investment Nigeria
Nigerians React to US Military Strike in Sokoto
Nigerians express divided opinions after US AFRICOM targets ISIS hideout in Sokoto State. Explore the debate on sovereignty, security, and foreign intervention.
Gumi Slams US Airstrikes, Calls for End to Military Cooperation
Islamic scholar Sheikh Ahmad Gumi condemns recent US airstrikes in northern Nigeria, warning they deepen insecurity and erode sovereignty. He urges government to seek help from neutral nations.
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.
US Commits $2.1bn to Nigeria Health, $200m for Christian Facilities
The US and Nigeria have signed a landmark $5.1 billion health agreement. The deal includes $200 million specifically for over 900 Christian faith-based health facilities serving millions nationwide.
Oba Akiolu Urges Investors to Focus on Nigeria's Development
The Oba of Lagos calls for genuine investors to improve Nigeria's socio-economic conditions, not just maximise profits. Read his message to multinationals.
Nigerians Invest in Dubai Real Estate for High Returns
Experts reveal why Dubai's property market attracts Nigerian investors with 8-9% rental yields, top security, and a tax-free environment. Discover the investment opportunities.
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 Accuses Foreign Powers of Backing Nigerian Terrorists
Islamic scholar Sheikh Ahmad Gumi alleges foreign support for terrorists in Nigeria, citing a reversal in security gains. He calls for enhanced intelligence and diplomacy.
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.
Boris Johnson, Ban Ki-moon, Dangote Attend Imo Summit
Imo State hosts a high-profile Economic Summit with global leaders like Boris Johnson and Aliko Dangote. Dangote announces major fertilizer investment plans. Discover the key outcomes.
SEC Flags Glorious Wealth Fund as Unauthorised
Nigeria's SEC warns against Glorious Wealth Fund (GWF), an unlicensed online investment platform. Learn the red flags of Ponzi schemes and how to protect your money.
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.
Nigeria's $2.25bn Eurobond Oversubscribed, Signals Investor Confidence
Nigeria raises $2.25bn via a heavily oversubscribed Eurobond, attracting over $13bn in orders. Analysts credit recent fiscal reforms and FX liberalisation for renewed global investor confidence in Africa's largest economy.
UAE's $1bn AI Boost for Africa at First G20 Summit
Africa's inaugural G20 Summit in South Africa sees UAE commit $1bn to AI development. Discover how Gulf investment is transforming the continent's tech future. Read more.
RMRDC 30% Value-Addition Law to Attract Investors
Minister Udeh says the RMRDC 30% Value-Addition Bill will boost Nigeria's economy, attract investors, and create jobs by mandating local processing of raw materials. Read more.
Zamfara Governor Woos Investors at Continental Summit
Governor Dauda Lawal promotes Zamfara's agricultural potential at Africa Investment Forum 2025, signs transformative MoU with MOFI to boost farming and create jobs.
Presidency Fires Back at Obasanjo Over Security Remarks
The Nigerian Presidency has strongly responded to former President Obasanjo's comments on insecurity, accusing him of hypocrisy for failing to act when bandits first emerged during his administration.
Nigeria attracts $20.98bn foreign capital in 10 months
Nigeria recorded $20.98bn foreign capital inflows Jan-Oct 2025, a 70% surge. CBN Governor Cardoso credits FX reforms for market stability and renewed investor confidence.
Obasanjo on Foreign Intervention in Nigeria's Insecurity
Former President Obasanjo defends Nigerians seeking international help against insecurity while calling for technology deployment. Read his response to Trump's military threat.
States Plan Investment Summit for $1 Trillion Economy
Nigeria's 36 states and FCT plan a subnational investment summit to attract foreign investors, critical for achieving the $1 trillion economy target by 2030. Read more.
LTIF 2025 Forum Drives Ethical Investment for Africa
The Loveworld Trade & Investment Forum in Lagos united global leaders to champion trust and capital inflows for Africa's growth. Discover how ethical trade is reshaping the continent's economic future.
US Congressman: Christians Persecuted in Nigeria
US Congressman declares severe Christian persecution in Nigeria, cites 17,000 deaths since 2019, questions US aid, and links crisis to Nnamdi Kanu's detention despite court orders.
US Committee Reacts to Kwara Church Terrorist Attack
US House Foreign Affairs Committee condemns terrorist attack on Kwara church, calls it reality Nigerian Christians face. Meeting held with Nigerian officials to address persecution.
Valuation's Role in Nigeria's Housing Inflation Crisis
Nigeria's housing sector faces severe inflation challenges. Discover how professional valuation helps investors navigate risks in Lagos, Abuja, and Port Harcourt markets. Learn key strategies.
Piers Morgan Questions Nigeria's Minister on Christian Killings
Nigeria's Foreign Affairs Minister Yusuf Tuggar faced intense questioning from Piers Morgan about Christian persecution. Watch the explosive interview and see the minister's response.
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