August 3, 2025

Investment

General

Nigeria Signs $20bn Partnership Deal With China to Strengthen Manufacturing, Energy and Key Sectors

Nigeria has secured over $20 billion in investment commitments from China aimed at revitalizing key sectors including manufacturing, energy, infrastructure, and technology. The landmark deal was finalized during high-level bilateral discussions held in Beijing, signaling renewed cooperation between the two economic giants. According to senior officials present at the meeting, the agreements include direct investments,

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Electricity General Investment

Federal Government Targets $32.8 Billion Investment to Expand Electricity Access Across Africa

In a renewed push to tackle the persistent energy crisis across the continent, the Federal Government of Nigeria is calling for a strategic investment of $32.8 billion aimed at improving electricity access for over 300 million Africans currently living without power. The appeal was made in line with Nigeria’s commitment to regional development and energy

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General Investment

EU Pledges Increased Investment in Kano’s Key Sectors, Hails State’s Economic and Human Capital Potential

KANO — The European Union has reaffirmed its commitment to deepening investment and development cooperation with Kano State, highlighting the state’s vast potential in agriculture, renewable energy, innovation, digitalisation, health, and education. During an official visit to the state, the EU Ambassador to Nigeria and ECOWAS, Mr. Gautier Mignot, noted that Kano has historically been

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Business Economy General

Lagos Attracts Over ₦1 Trillion Investment in One Year – Commissioner

Lagos State has successfully attracted investments exceeding one trillion naira in the past year, according to the state’s Commissioner for Commerce, Industry, and Cooperatives, Mrs. Lola Akande. This landmark achievement highlights the state’s significant role as an economic powerhouse in Nigeria and across West Africa. Mrs. Akande disclosed that the investments span multiple sectors, including

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Business

China Has Potential for Increased Investment in Nigeria’s Economy – Umahi

Nigeria anticipates increased Chinese investments and technology transfer, according to the Minister of Works, David Umahi. He emphasized that China should expand its economic support for Nigeria beyond existing infrastructure projects. Chinese Infrastructure ContributionsDuring a courtesy visit by the Chinese Ambassador to Nigeria, Yu Dunhai, Umahi highlighted various infrastructure projects being executed by Chinese firms

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Business

FG Pursues $6.25bn Yearly Investment to Tackle Housing Shortage –

The Federal Government has revealed that Nigeria needs an annual investment of $6.25bn to bridge its housing deficit, which stands at over 28 million units. Urgent Need for Housing InvestmentThe Minister of Housing and Urban Development, Ahmed Dangiwa, made this disclosure at the Renewed Hope Housing Public-Private Partnership Summit in Abuja. Dangiwa lamented that despite

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