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FDIs

25 Aug
A proposal, which includes a new name for Nigeria, restructuring, rapid improvement in Foreign Direct Investments (FDIs), proper implementation of Federal Character and ethical change has been
7 Jun
Some $57.79 million in foreign direct investments entered Nigeria’s telecoms sector in quarter one (Q1) 2022. This is according to the latest capital importation report by the National Bureau of Statistics ((NBS).
8 Apr
The Federal Government has expressed its readiness to develop digital policies to attract more foreign direct investments (FDIs) into the country’s technology sector.
2 Nov 2021
Notwithstanding some economic recovery recorded by the government, some private sector operators have expressed concerns that the economy continues to face headwinds triggered by high inflationary pressure....
7 Oct 2021
Stakeholders have said that for Nigeria to be extremely influential in determining economic policies and attract Foreign Direct Investments (FDIs), it needs a strong and viable private sector to catalyse growth and development.
8 Sep 2021
The Lagos Chamber of Commerce and Industry (LCCI) has expressed worries about the negative impacts of insecurity on Foreign Direct Investments (FDIs) inflow into the country and the business community at large.
12 Aug 2021
The Federal Government has hinted at a possible resolution to the suspension of the micro-blogging platform, Twitter in Nigeria. Minister of Information and Culture, Lai Mohammed...
Telecoms
29 Jul 2021
Foreign Direct Investment (FDIs)) into the Nigerian telecoms industry in 2020, stood at $417. 5 billion, a decline from $942.9 billion recorded in 2019.
24 Nov 2020
Except for Lagos and Ogun states, the downward trend of Foreign Direct Investments (FDIs) to South West states has exposed the inability of their governments to make their environments business-friendly.
2 Feb 2017
According to the National Bureau of Statistics (NBS), capital importation into Nigeria fell 47 percent last year to $5.12 billion, largely because the weak currency meant fewer dollars were required for...
23 Nov 2016
That Nigeria’s telecommunications industry is the largest and fastest growing sector in Africa is no longer news. However, sustaining this achievement remains a concern considering expectations...
31 Jul 2016
Over N11t of Foreign Direct Investments (FDIs) into Nigeria have been lost within four years, between 2011 and 2015, with the hardest hit year being last year, 2015 when the level drastically dropped to a record low of one trillion naira

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Operatives of Lagos State Traffic Management Authority (LASTMA) on Tuesday, November 29, 2022, arrested two suspected kidnappers: Monday Amhe and one Joy, for abducting a woman around Presbyterian Church, Yaba, Lagos.  The agency’s Director, Public Affairs Department, Adebayo Taofiq said that the two suspected abductors were arrested by a team of the agency’s personnel from Somolu zone, while on patrol monitoring traffic…
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Gospel music minister, Paul Tomisin, is back with a single entitled, 'Adura', a Yoruba word for prayer, to give believers access to the work Jesus Christ finished for them on the Cross of Calvary.
1 hour ago
The rehabilitation and reintegration of women and children victims of the years-long Boko Haram insurgency in the Northeast region of Nigeria is receiving accelerated attention. This is just as 14 rescued members of the abducted Chibok girls, but one was united and unveiled for the first time after their escape or capture by troops of…