Investment – City Business News

July 9, 2026 No Responses

NUPRC Lauds ExxonMobil’s $1b Investment, Presents New Petroleum Prospecting Licences

By ebosele@hotmail.com – The Nigerian Upstream Petroleum Regulatory Commission has applauded ExxonMobil and its partners for committing $1 billion to the on-block activities of the Usan Infill Project in OML 138, describing the investment as a major boost to Nigeria’s...

June 30, 2026 No Responses

Dangote Explore Multi-Billion-Dollar Investments In Tanzania

President Samia Suluhu Hassan of Tanzania has held high-level talks with President and Chief Executive of Dangote Industries Limited, Aliko Dangote, on a major expansion of the Group’s investments in Tanzania, with discussions focusing on transport infrastru...

June 11, 2026 No Responses

United Capital Secures Investment Banking Licences In Ethiopia, Rwanda

By ebosele@hotmail.com – Leading pan-African investment banking and financial services group, United Capital Plc, has recorded a major milestone in its continental expansion drive following the acquisition of investment banking licences in Ethiopia and R...

May 18, 2026 No Responses

Dangote Reaffirms Commitment To Africa’s Food Security Through Fertiliser Investments

President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security across Africa through large-scale fertiliser investments, declaring that the continent has the capacity to feed itself and become a net exporter of agricultu...

May 11, 2026 No Responses

Dangote Group, Norwegian Wealth Fund Explore Joint Investments

The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank Investment Management, the world’s largest sovereign wealth fund manager, overseeing assets valued at ...

March 20, 2026 No Responses

NDDC Rallies Stakeholders To Unlock Niger Delta Investment Potential

The Managing Director of the Niger Delta Development Commission, Samuel Ogbuku, has called on stakeholders and the private sector to intensify efforts to attract investments back to the Niger Delta, stressing that sustainable development in the region depends ...

March 6, 2026 No Responses

Indian Firms Commit $27b Investments In Nigeria

High Commissioner of India, Amb. Abhishek Singh,on Thursday estimated that Indian firms have cumulatively invested around $27 billion in Nigeria.These companies, he said, are active in sectors including pharmaceuticals, power, transmission, manufacturing, hosp...

February 12, 2026 No Responses

NLNG Showcases De-Risked Investment Model At SAIPEC 2026

Nigeria LNG Limited (NLNG) took centre stage at the 2026 edition of the Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos, where the company highlighted its structured approach to de-risking investments in African oil and gas p...

February 11, 2026 No Responses

Invest In Capital Market, SEC Advises Civil Servants

The Securities and Exchange Commission (SEC) has urged Nigerian civil servants to take advantage of opportunities in the capital market to build wealth, enhance financial security and actively participate in national economic growth. Speaking during a strategi...

February 11, 2026 No Responses

Dangote Explores Investment Opportunities In Burundi

Africa’s richest man, Aliko Dangote, paid a brief but strategically significant visit to Burundi, where he explored new investment opportunities and cemented plans to expand the Dangote Group’s presence across the continent. The visit included high‑level...

January 26, 2026 No Responses

Shell Targets $20b Investment In Nigeria, Expands Gas Supply To NLNG

By Moses Ebosele, ebosele@hotmail.com – Global energy giant, Shell has announced plans to invest up to $20 billion in Nigeria while expanding gas supply to the Nigeria Liquefied Natural Gas (NLNG).The Chief Executive Officer of Shell Plc, Mr Wael Sawan,....

December 6, 2025 No Responses

NCDMB Unveils $100m Equity Investment Scheme

The Nigerian Content Development and Monitoring Board (NCDMB) has unveiled a $100 million Equity Investment Scheme among a raft of fresh initiatives to bolster indigenous capacity and participation in the oil and gas industry.The Executive Secretary of the NCD...

November 27, 2025 No Responses

Sanwo-Olu Showcases Lagos Greenline Railway At Africa Investment Forum In Rabat

Lagos State Governor, Babajide Sanwo-Olu has presented Project Green, the Lagos Greenline Railway, to international partners at the Africa Investment Forum in Rabat, Morocco.The session brought together representatives of the Federal Government, the Ministry o...

November 24, 2025 No Responses

G-20: Kaduna Signs Five MoUs to Boost $3bn Investment

By ebosele@hotmail.com Kaduna State has unveiled an ambitious roadmap for its emerging green minerals economy at the International Investment Forum for Solid Minerals, held on the sidelines of the G-20 Summit in South Africa. Governor Uba Sani presented the St...