Browsing Tag
Investment
79 posts
Abuja entrepreneur reports total loss after sudden demolition of his business
A businessman who returned to Nigeria from the UK with a £75,000 investment faces ruin after his Abuja property was demolished without warning.
Femi Otedola Increases Stake in First HoldCo to 26% Following N222 Billion Purchase
Femi Otedola has expanded his interest in First HoldCo Plc to 26% after acquiring shares worth N222.2 billion, reinforcing his status as the primary individual investor.
CAF to evaluate FIFA’s plan for private investment in World Cup
CAF plans to review FIFA's controversial proposal to bring private investment into its flagship tournaments, including the World Cup, following pushback from other global football governing bodies.
LCCI cautions that Nigeria is forfeiting its status as Africa’s primary tech destination
The LCCI warns that Nigeria's position as a top African tech hub is at risk due to regulatory instability and falling startup funding, calling for urgent policy reforms and infrastructure improvements.
Federal Government borrowing and elevated interest rates fuel growth in pension fund investments
Pension fund investments in Nigerian government debt securities grew significantly in May 2026, driven by rising yields and the government's increased borrowing requirements.
Dangote Refinery Secures $2.5 Billion via Private Equity Placement
Dangote Petroleum Refinery & Petrochemicals has completed a $2.5 billion private equity placement, which was oversubscribed by 3.7 times, marking a major milestone in its growth and African capital market development.
Dangote Refinery Secures $2.5 Billion Through Private Equity Deal
Dangote Refinery has successfully raised $2.5 billion in a landmark private equity placement, drawing interest from global and African institutional investors to support its ongoing expansion.
The Economic Ripple Effects of President Tinubu’s Health Sector Overhaul
Beyond improving medical care, President Tinubu's health sector reforms are building a productive economy through increased manufacturing, skilled job creation, and substantial long-term investment.
FCMB Launches Initiative to Boost Healthcare Sector Financing
First City Monument Bank is set to host a healthcare summit in July 2026 to connect industry leaders and investors, focusing on sustainable financial solutions for Nigeria's medical sector.
Nigeria expects 300,000 bpd increase via 2026 licensing bid round
The Nigerian government is targeting a production increase of 300,000 barrels per day through its latest oil block licensing round, with plans already underway for a follow-up 2026 bid phase.