Tag Archives: Investment

Only FCT, Lagos, Ekiti, 4 Others Attract $5.63bn Foreign Capital in Q1 2025

Foreign capital inflow into Nigeria reached $5.63 billion in the first quarter of 2025, with only six states and the Federal Capital Territory (FCT) recording any share of the investment, according to data released by the Ekiti State Government. The figures highlight a persistent concentration of foreign investment in a handful of states, especially in the South West, leaving most …

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United Capital Grows PAT By 67% In Q1

United-Capital

Despite the contraption, in indicators, in the domestic economy, United Capital Plc (“United Capital” or “The Group”), Nigeria’s leading investment bank and a foremost Pan-African financial and investment services group, Thursday breaks all barriers, when it announced its Unaudited Financial Statements for the period ended March 31, 2021, showing a Revenue of N3.12Billion, and Profit Before Tax of N1.97 Billion while delivering an Earnings Per Share of 111 kobo.

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CSCS Bags Market Choice Award, Celebrated For Counterparty Trust Assurance, Commitment To Market Efficiency

Central Securities Clearing System (CSCS) Plc, Nigeria’s capital market infrastructure, bagged the prestigious Market Choice award and celebrated for its outstanding counterparty trust assurance, broad asset class coverage, enhanced collaboration with market participants and its commitment to market efficiency and growth at the BusinessDay Nigerian Investor Value Awards (NIVA), which took place over the weekend, in Lagos.

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Nigeria Wants Improved Private Sector Investment By European Businesses

Minister-Udoma-Udo-Udoma

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, on Thursday in Brussels, Belgium, called for improved private sector investment in Nigeria by European businesses, saying that the country’s investment climate is now very attractive and conducive. Senator Udoma who was on the panel that discussed ‘Delivering Jobs, Growth and Global Competitiveness’ at the on-going High-Level Conference on Jobs …

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Minister: Nigeria Records $83b Investment Commitment In 15 Months

Okechukwu

Nigeria recorded a total investment commitment of 83 billion dollars between January 2017 and March, Mr Okechukwu Enelamah, the Minister of Industry, Trade and Investment, said. Enelamah spoke in Abuja on Tuesday at the opening session of the Direct Investors Summit Nigeria, expected to attract over 190 investors from 40 countries in key sectors of the economy. The summit was organised by …

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Buhari urges African leaders to facilitate private sector investment

The wife of the President, Mrs Aisha Buhari, has urged African leaders to work together to facilitate private sector investment in health to ensure improved healthcare delivery among adolescent girls in the continent. Mrs Buhari said this in a statement made available to newsmen by her Director of Information, Suleiman Haruna, on Wednesday in Abuja. The statement also explained that …

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FG postpones investment conference due to Abuja airport closure

The Federal Government has postponed for three months a trade conference meant to drum up badly-needed investment due to the temporary closure of its capital’s international airport, the organisers said on Friday. According to Reuters, the delay is the first sign that government and business activity will be impacted by the six-week closure of Abuja airport for runway repairs just …

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