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Nigeria’s finance minister said investors are pricing in President Bola Tinubu’s second term and expect continuity of the current reform agenda, warning that any reversal could trigger capital flight and pressure on the naira.
Governor Olayemi Cardoso of the Central Bank of Nigeria told the 2026 IMF/World Bank Annual Meetings that sustained macro‑economic stability and falling inflation are set to attract long‑term investment, boost production and create jobs in the country.
During the opening of the 11th Nigeria Mining Week in Abuja, investors and industry leaders urged the government to tighten regulations, improve security and enhance coordination among agencies to attract capital and develop the country's solid mineral resources.
The 20th edition of OTL Africa Downstream Energy Week will be held in Lagos from Oct. 26‑29, gathering policymakers, investors and industry players to discuss expanding refining capacity and boosting intra‑African energy trade. Organisers stress the need for investment, innovation and cooperation to secure affordable energy across the continent.
The National Sugar Development Council announced ten greenfield sugar projects that could add 835,000 metric tonnes of sugar each year. The initiative forms part of a $7.1 billion, ten‑year plan to push Nigeria’s sugar output beyond two million tonnes and save billions in foreign exchange.
The National Board for Technology Incubation took 298 innovators from every Nigerian state to a London showcase, aiming to secure foreign investment, commercialise home‑grown technologies and generate jobs as part of the 2026 NextGen Innovation Challenge.
Fintech platform Risevest announced the launch of three mutual funds and a new business‑focused product called Rise Business, citing recent stabilisation of the naira, lower interest rates and strong performance on the Nigerian Exchange Limited.