30 results
- 21 Sept 2021
MTN Woos US Investors to Invest in Nigeria
MTN Nigeria has called on US investors to invest in Nigeria assuring them that the country provides one of the best return on investments in the world. Karl Toriola, Chief Executive Officer, MTN…
- 2 Dec 2024
Leo Stan Ekeh Highlights Nigeria's Tech Potential @France–Nigeria Investment Forum
By Tolu Aderemi-Cole This year’s France–Nigeria Investment Forum, a major highlight of President Bola Tinubu’s visit to France, ended on a sound note and was mutually rewarding for both countries.…
- 27 Jun 2018
European Investment Bank Plans €700m Investment in Nigeria
Ms Isabelle Grunderbeeck, the Regional Representative for West Africa of European Investment Bank (EIB), says the bank plans to invest 700 million euros in some identified projects in Nigeria.…
- 13 Jan 2020
UK-Africa Investment Summit to showcase Investment in both Nigeria & UK
The United Kingdom Government will on Monday, 20 January 2020, host the inaugural UK-Africa Investment Summit in London geared towards a long-term partnerships that will deliver more investment and…
- 27 Aug 2024
Starlink’s Significant Investment in Nigeria Strengthens Commitment to Nigeria
Elon Musk's Starlink has once again demonstrated its unwavering commitment to Africa by making a substantial investment in Nigeria's telecommunications infrastructure. According to reports, the…
- 18 Apr 2017
GAC Motor Backs First Nigeria Governors Investment Forum in China
In a bid to foster transnational investments between Nigeria and China, the first edition of the Nigeria Governors’ Investment Forum was held in Guangzhou, China. Governors from nine states in…
- 12 Feb 2016
IFC, NSIA Map out Strategies to Increase Investments in Nigeria
IFC, a member of the World Bank Group, and Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria’s Sovereign Wealth Fund, have co-hosted a hospital sector focused roundtable to foster…
- 15 Mar 2020
MTN Invests N4.55 Trillion Investment in Fixed Assets in Nigeria
MTN Nigeria has invested as much as N4.55 trillion ($14.67 billion) in fixed assets and facilities across Nigeria for since the first commercial rollout of its telecoms services in Nigeria in 2001…
- 8 Jul 2013
Chevron Invests $4Bn in Nigeria
Chevron Nigeria Limited has invested about $4 billion in the Nigerian economy as at the end of 2012, according to Deji Haastrup, general manager, Policy, Government & Public Affairs of the…
- 4 Aug 2019
MTN Investment in Nigeria Hits N2trn
MTN Nigeria Communications Plc has invested more than N2 trillion in its business operations over the past 18 years. The market value of MTN Nigeria closed at the weekend at N2.585 trillion.…
- 1 May 2013
AfDB Urges Nigeria to Invest $350Bn to Close Infrastructural Gap
Nigeria needs to invest at least $350 billion over 10 years starting from 2011 to 2020, to get over its current travails of infrastructural development, according to a report tagged “An…
- 23 Feb 2017
NSIA Attracts over $175m Foreign Investment in Nigeria
Mr. Uche Orji, managing director, Nigeria Sovereign Investment Authority (NSIA), said that the organization has attracted over $175m foreign investment into the courtry. Orji disclosed to newsmen…
- 21 Nov 2016
Singapore Eyes Investment in Nigeria’s Telecom, Others
Singapore Investment Corporation (SIC) has embarked on fact finding mission to Nigeria with interest in vast areas of investment opportunities in the country, especially telecommunication, oil and…
- 17 Jan 2023
NITDA DG Urges German Investors to Invest in Nigeria’s Tech Ecosystem
Kashifu Inuwa, director general, National Information Technology Development Agency, has called on a group of international investors in Germany to invest in the Nigeria tech ecosystem because doing…
- 30 Apr 2025
MTN Nigeria Invests N202.4Bn in Q1 2025 to Enhance Network Capacity
MTN Nigeria Communications Plc has invested N202.4 billion in capital expenditure (Capex) in the first quarter of 2025, marking a 159 per cent increase compared to the same period last year. The…
- 8 May 2019
StarTimes’ Nigeria Investment Hits $220m-CEO
StarTimes, digital terrestrial TV company, has said its investment in Nigeria has reached over $220m. David Zhang, company’s new CEO of StarTimes Nigeria, who disclosed this yesterday at a…
- 7 Mar 2016
African Industries Increases its Investment in Nigeria
African Industries, a diverse West African multinational company with over 4,000 employees in more than 10 countries worldwide has expanded its investment in Nigeria. The group which currently…
- 20 Sept 2020
Huawei’s Investment in Nigeria Reaches $76m
Huawei Technologies Company Nigeria Limited, a leading information communication technology (ICT) solution supplier in the Nigeria telecoms market said it has made a total investment of $76 million…
- 18 Jan 2018
AfDB Plans $8b Investments in Nigeria
Dr. Akinwumi Adesina, president, African Development Bank, (AfDB) has said that the bank would increase its investments in Nigeria to $8 billion by next year. He disclosed this at the opening of the…
- 8 Feb 2026
CBN Expresses Concern Over Foreign Investments in Nigeria Fintechs
The Central Bank of Nigeria in its 2025 Fintech Policy Insight Report, has raised concern over Nigeria’s fintech sector heavily dependent on foreign investment, exposing it to swings in global…
- 11 Mar 2024
MTN Nigeria Invests $120m to Boost 5G Coverage, Plans Further Expansion
Mr. Modupe Kadri, chief financial officer, MTN Nigeria has revealed that the company invested over $120 million in expanding 5G coverage in the last two years. These investments boosted 5G coverage…
- 15 Jun 2009
Botched 2.3GHz Spectrum: Nigeria Loses $2Bn Investment, Internet Revolution
Nigeria may lose some $2billion investment in its telecom infrastructure and chance to make broadband affordable and enhanced in the country unless the crisis generated by the recent botched…
- 18 Dec 2023
Total, French Energy Giant Eyes $6Bn in Nigeria Investment
Total, French energy giant is ready to invest $6 billion (5.5 billion euro) over several years in Nigeria’s oil and energy industry, especially in gas and offshore projects, the presidency said.…
- 16 Dec 2021
AfDB Board Approves $170M for Investment in Nigeria’s Digital and Creative Start-ups
The Board of Directors of the African Development Bank has approved a loan of $170 million to finance a digital and creative enterprises program in Nigeria. The investment in Digital and Creative…
- 16 Mar 2023
Nigeria Unveils $618m Investment to Create Digital Skills, Jobs
Nigeria has unveiled a $618 million investment programme, to promote innovation and entrepreneurship in the digital, technology and creative industries targeted at job creation. Nigeria vice…
- 2 Aug 2021
MTN to Invest Fresh N600Bn in Nigeria
MTN Nigeria Communications Plc (MTN Nigeria) has said it will invest fresh N600 billion to expand its network across the country in the next three years. This is even as the telecom operator's mobile…
- 25 Apr 2019
AfDB Puts its Investments in Nigeria @ $4.5bn
The African Development Bank (AfDB) says its investment in Nigeria stood at $4.5 billion as of March this year. Emeka Anuforo, Media Relations Officer of the bank, stated this in a statement in Abuja…
- 9 Oct 2016
Toure, Ex-ITU Scribe to Speak at Nigeria’s Investment Forum in Telecom World 2016
Mr. Hamadoun Toure, former secretary general of the International Telecommunications Union (ITU), has been named the keynote speaker at Nigeria’s Investment Forum in ITU Telecom World 2016, Bangkok,…
- 28 Apr 2025
US Identifies Corruption as Key Barrier to Trade and Investment in Nigeria
United States government has identified corruption as the primary obstacle to trade and investment in Nigeria, as outlined in the 2025 National Trade Estimate Report on Foreign Trade Barriers. The…
- 20 Jun 2017
Shell Nigeria Plans Investment in Gas Project in Niger Delta
Shell is considering whether to invest in a gas project in Nigeria's southern Niger Delta energy hub, the managing director of the local unit said on Tuesday. Nigeria has the world's ninth largest…