Tags : Investments

Investment In FGN Savings Bonds Rise By 53%

Analysis has shown that investment in the FGN Savings Bonds rose by 53 per cent, year-on-year, YoY,  to N7.5 trillion in the first half of the year (H1’22), from N4.9 trillion in the corresponding period of last year (H1’21). There was a sharp increase in investors’ patronage for FSB in H1 ‘2022 is driven by […]Read More

Investment In Start-ups Falls 78.2% 

The Nigerian Investment Promotion Council (NIPC) has disclosed that investment in Nigeria’s start-up sector has continued to lose steam, falling massively by 78.2 percent. This is a drop to $57.55 million in April across 10 companies from $263.68 million in March. NIPC said this in its April 2022, investment highlights which shows that the ten […]Read More

Local, Foreign Companies Withdraw 69.32% Of Investment Projects

The Nigerian Investment Promotion Commission has disclosed in its report that investment commitments declined from $8.41bn in the first quarter of 2021 to $2.58bn within the same period in 2022. This shows that investment commitments declined by 69.32 per cent from Q1 2021 to Q1 2022. According to the Report of Investment Commitments in Nigeria […]Read More

Nigeria Attracts $23bn Investments Announcement In 2021

The  Nigerian Investment Promotion Commission has said that Nigeria attracted an upward swing in its investment announcements in 2021, with a record $23. 3 billion. The Acting Executive Secretary of the commission, Mr. Emeka Offor, disclosed this saying, “the 2021 Investments Announcement Report indicated that US$23.30 billion was tracked during the year, representing about 39% […]Read More

Investment Announcements Rise By 130% in Q3 ‘21

The Nigerian Investment Promotion Commission has said it has tracked $8.99 billion investment announcements in the third quarter of 2021 (Q3 ’21). Lagos State, with $7.29 billion, accounted for 81 percent of the total announcements during the period. NIPC said the investment announcements in Q3’21 was 130 percent higher than the $3.95 billion recorded in […]Read More

$8.99 Billion Investment Announced For Q3′ 2021

The Nigerian Investment Promotion Commission has said it tracked $8.99 billion as investment announcements in the third quarter of 2021 (Q3 ’21). In this announcement, Lagos State accounted for 81 percent at $7.29 billion during the period. NIPC reported this on its website, adding that the investment announcements in Q3 ’21 was 130 per cent […]Read More

In Five Years, Nigeria Attracted $3.9bn Telecoms Investments

According to a new report by Agusto & Co., Nigeria’s telecommunications industry attracted $3.9 billion in foreign portfolio and direct investments between 2015 and 2020. The credit rating agency, in its 2021 Telecommunications Industry report, said, “Between 2015 and 2020, foreign investments (portfolio and direct) attributable to the telecommunications industry amounted to $3.9bn, an average […]Read More

Nigeria Records $5.1 Billion Portfolio Investments In Three Quarters

Nigeria’s portfolio Investments between January to September 2020 totalled $5.1 billion. Figures obtained from the National Bureau of Statistics showed that while there was a significant investment of $4.3 billion investments in the first quarter, investments in the second and third quarters reduced to $385.32 million and $407.25 million respectively. The portfolio investment, in the […]Read More