nigeria

Wakabayashi Jin, the Senior Deputy Director General at the Japan International Corporation Agency, believes it is important for Africa to absorb more investment as it seeks to scale up development.

Jin: Japan looking to deepen ties with Africa 

Data by the National Bureau of Statistics shows that foreign investments in Nigeria’s telecommunications sector fell to 14.4 million dollars in the third quarter of 2024 from the 113.42 million dollars recorded in the second quarter of this year. 

Can Nigeria ramp up investment in telecom sector?

Data from the National Bureau of Statistics shows the country raked in 1.78 trillion naira as Value Added Tax for the third quarter of this year, showing a growth rate of 14.16 per cent on a quarter-on-quarter basis. 

Can Nigeria sustain VAT collection drive?

The Nigerian army and their counterparts in Chad and Niger have commenced joint patrols to contain cross-border threats posed by the Lakurawa terrorist group. 

Will offensive against Lakurawa contain terror threats?

Oyeyemi Oke, Partner at AO2 Law joins CNBC Africa for more on developments in the oil and gas sector.

Dangote Refinery applies to amend suit against NNPCL, others

About $29.2 billion in investment interests were secured at this year's Africa Investment Forum 2024 Market Days across different sectors. 

AIF secures $29.2bn investment interest  

Nigeria’s total capital importation fell by 51.9 per cent in the third quarter of this year to $1.25 billion, but up 91.35 per cent year on year. However, foreign portfolio investments rose by 71.79 per cent, ranking top at $899.31 million. 

Nigeria’s capital importation down 51.9% in Q3’24

The Global Head of Development and Agency Finance at Standard Chartered Bank, Faruq Muhammad says the ability to crowd in stakeholders to finance and scale sustainable development solutions are critical. 

Muhammad: Problem solving approach key to fast track projects

Nigeria's Presidential Metering Initiative is still on course with the sum of 700 billion naira set aside from the federation account for the implementation of the distribution of free electricity meters under the Initiative. 

Can Nigeria meet metering target?

Capacity building and community engagement are among the key issues the Nigeria Content Development and Monitoring Board believes will drive the next frontier in local content implementation. 

NCDMB lists drivers to next frontier local content implementation

CEO of the African Union Development Agency-New Partnership for Africa's Development, Nardos Bekele-Thomas says Africa remains bankable, hence the reason behind making all bankable projects in the continent open for private capital. 

Bekele-Thomas: Africa remains bankable

Goldman Sachs expects gold prices to rise as high as $3,000 an ounce by December 2025, driven by increased central bank demand and US interest rate cuts. 

NIGERIA