The Lagos State APC says improvements in security, transport and event infrastructure have made Lagos the preferred destination for major concerts and festivals, promising even greater support for the creative industry in 2026. APC spokesman Seye Oladejo praised the state’s model, which integrates entertainment, technology, tourism and entrepreneurship under the THEMES development agenda. He added…
Governors from Lagos, Borno, Imo, and Ogun states have called for greater investment and reforms in Nigeria’s aviation sector, emphasising global standards, competitiveness, and connectivity as critical to economic growth. The remarks came during the third Federal Airports Authority of Nigeria (FAAN) National Aviation Conference (FNAC) on Monday, which convened aviation stakeholders to address sector…
The Visit Nigeria Initiative has appointed renowned strategist and author, Charmaine Hayden, as its first Brand Ambassador to spearhead a new era of tourism and investment in the country. Speaking shortly after her appointment, Hayden said the project was about more than visibility. “It’s about building the infrastructure — mental, cultural, and economic —…
Nigeria has launched a new national project aimed at reshaping its global image, boosting tourism, and attracting investment through the Visit Nigeria Initiative. The initiative, unveiled at a private event, seeks to engage the diaspora and promote the country’s cultural and economic potential on the international stage. In a statement signed by its Founder…
Former Nigerian President Olusegun Obasanjo has said the country’s economic future depends on attracting robust investment from both domestic and international sources. He made the call on Wednesday in Bauchi at the commissioning of the International Conference Centre (ICC), a landmark project initiated by Governor Bala Mohammed. The facility, named after Northern Nigeria’s first Premier,…
The Ministry of Finance Incorporated (MOFI) has announced that the Federal Government’s investment assets—valued at ₦38.3 trillion—are currently undergoing a comprehensive audit and reform process aimed at strengthening transparency and corporate governance in public enterprises. The Chief Executive Officer of MOFI, Dr. Armstrong Takang, disclosed this during the inauguration of the 2025 Guidelines on Corporate…
The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million barrels per day (bpd) by 2030, if investment in the global upstream industry stops. OPEC also said that global cumulative oil-related investments of 17.4 trillion dollars are required by 2050 to meet up the energy demand….
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that Nigeria attracted investment of as much as $16 billion in the two years spanning 2023 to 2025. The Commission Chief Executive (CCE), Gbenga Komolafe, stated this in an address themed: “Strategic Imperatives for Advancing Investments Through Upstream Petroleum Regulations“ at the Nigeria-China Sustainable Bilateral Business,…
Nigeria’s foremost capital market entities have unveiled strategic initiatives aimed at bolstering cross-border investments, particularly between Nigeria and China. The Nigerian Exchange Group (NGX Group) and the Securities and Exchange Commission (SEC) have indicated that their ongoing engagements in China are part of a broader strategy to enhance Nigeria’s integration with global financial markets and…
Speaker of the House of Representatives, Mr Abbas Tajudeen, has described Nigeria as one of the most attractive and lucrative investment frontiers in Africa. Abbas made this known on Wednesday in Abuja at the maiden edition of the Nigeria-Italy Investment Summit 2025 (NIIS 2025), themed “Building Bridges: Unlocking Opportunities.” The summit, organised by Giant Gee…
