10 articles tagged
Dangote Refinery has rejected rumors about a possible Initial Public Offering (IPO) and requested that investors rely solely on credible and official information. The company emphasized that any relevant updates will only be communicated through formal channels.
Amid rising global economic uncertainties, Nigerian investors are increasingly looking to Accra for real estate investments and stability. With properties priced in dollars, this move allows them to oversee their investments from just an hour's flight away from Lagos.
The federal government asserts that resolving the OPL 245 dispute represents a critical shift for Nigeria's economy, bolstering its oil and gas sector and enhancing its global investment appeal. The settlement is expected to unlock numerous investment opportunities and improve fiscal stability.
This week at the AI Impact Summit in India, substantial investments in artificial intelligence were unveiled, significant business agreements were reached, and notable differences regarding AI governance were highlighted. Prime Minister Narendra Modi emphasized the transformative potential of AI for humanity.
Governor Uba Sani claims that reforms implemented by his administration over the past two and a half years have fostered an environment conducive to investment in Kaduna State. He cited Kaduna's ranking as second in the 2025 Subnational Ease of Doing Business Report as evidence of the reforms' success.
The United Arab Emirates has announced intentions to invest over $10 billion in Nigeria, leveraging opportunities from the African Continental Free Trade Area (AfCFTA) and Lagos' status as a financial hub. This announcement was made during the Investopia Global Africa event in Lagos.
Professor Yemi Oke attributes the ongoing power challenges in Nigeria to human mismanagement rather than technical issues, highlighting that a lack of commercial viability is a major deterrent for investors in the sector.
The Federal Government of Nigeria has initiated discussions with Shell executives regarding ongoing energy reforms, investment potential, and the broader energy transition strategy for the nation.
On Wednesday, the stock market maintained its positive trend, witnessing a rise in market capitalization by N6 billion, despite a slight decrease in trading deals.
The Dangote Cement Group plans to boost its production capacity to around 90 million tonnes by the year 2030, as announced by Aliko Dangote at the 2026 Distributors’ Awards Night, where he also rewarded distributors with N15 billion for their loyalty and performance.
