The House of Representatives on Wednesday passed for second reading a bill that seeks to introduce citizenship by investment into Nigeria’s legal framework. The proposed amendment...
In a rare move, foreign investors bought more Nigerian companies’ stocks than they sold, marking the first net inflow of foreign funds into the market since...
The Nigerian Exchange Group (NGX) has revealed that foreign investors withdrew a total sum of N171 billion from the capital market between January and October this...
Seplat share slumped on Thursday at the London Stock Exchange (LSE) after President Muhammadu Buhari rescinded the approval given to the firm to complete the acquisition...
The Nigerian government has suspended its plans to borrow from the international debt market by offering Eurobond to raise funds for 2022 budget deficits. Ripples Nigeria...
The National Bureau of Statistics (NBS) has disclosed that Nigeria attracted $1.73 billion from foreign investors and companies in the third quarter of last year (Q3...
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has urged international investors to trust President Muhammadu Buhari’s policies and come to Nigeria. Emefiele...
A former Deputy Governor of the Central Bank of Nigeria (CBN), Tunde Lemo, said on Monday Ghana has upstaged Nigeria as an attractive destination for foreign...
Foreign investors in the U.K have been told by the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, to ignore the rising foreign exchange...
Out of 25 Nigerian banks that competed for capital importation, five banks recorded zero investment from foreign investors. Nigeria’s financial institutions recorded $9.68 billion in 2020....
Ecobank is planning to raise funds from foreign investors amid declining interest in its shares in Nigeria and falling revenue. The company wants to use the...
Hello, and welcome to the very first Business Roundup for the year. Here, we bring you highlights of events that happened during the week -from the capital...
Foreign investors withdrew N433.15 billion worth of investment from the Nigerian equity market between January and November, compared to the N481.96 billion reported in the corresponding...
Foreign investors attracted into purchasing Nigerian debt that was paying interest of 13% a year ago are unable to move their cash out of the country,...
Foreign investors in Nigeria, interested in transferring their funds abroad, will not face hurdles in doing so despite the current economic condition, the Central Bank of...
President Muhammadu Buhari on Thursday in Yokohama, Japan, told foreign investors that Nigeria has “very attractive investment opportunities with some of the highest returns-on-investment.” A statement...
Strong indications have emerged that more foreign investors are eying acquisitions in insurance sector by investing in companies they perceive can fetch significant returns. Some market...
Vice President Yemi Osinbajo has touted reforms in Nigeria’s manufacturing sector by the Buhari administration as he woos investors at the ongoing World Economic Forum (WEF)...
The improvement and easy access of procuring visas on arrival by foreign investors and others have led to drastic reduction in the number of intending visa...
The Minister of Finance, Kemi Adeosun has assured foreign investors of Governments commitment towards packaging fiscal incentives that will make businesses operate in a conducive environment...
The governor of Abia state, Dr Okezie Ikpeazu has appealed to British companies and investors to come and invest in his state. He spoke when he...
Nigeria is on the verge of losing about $25.5 million of its direct foreign investment (DFI) as soon as the ongoing amendment of the Nigeria Liquefied...
Uneasy calm has gripped buyers of some public corporations in Nigeria, as government fine tunes plans for a holistic review of most of the public enterprises...
AG Leventis (Nigeria) Plc is in discussions with foreign investors to raise new capital that will be invested in the major areas of the conglomerate’s businesses,...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, who is also the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), has...
Fifty one foreign investors repatriated profits from their investments in equities and Federal Government of Nigeria (FGN) bonds last week. The investors considered Nigeria foreign exchange...
By Joseph Edgar . . . Two sets of Nigerian tourists appeared in China recently. The group led by our lovable president and the other led...
Even as the economy is literally bleeding, foreign investors have had a free run repatriating profits (forex) abroad, Ripples has learnt. Many of the investors had...
