…is a transparent, globally aligned investment origination pipeline as a demonstration of investors’ confidence in Nigeria’s economy,” he said. He explained that the Joint NACCIMA–ODDO Committee had developed a framework to enable viable, environmentally, socially and governance (ESG)-compliant Nigerian enterprises to a…
…stability also plays a major role in attracting foreign direct investment (FDI). Investors generally prefer economies where exchange rate risks are lower, allowing them to preserve the value of returns when converting profits into foreign currencies.According to market analysts, countries with strong export earnings, h…
…had encouraged fraudulent practices, weakened accountability and exposed homebuyers and investors to avoidable financial and safety risks. Adeoye proposed a shared regulatory model whereby the government licenses developers, while REDAN promotes professionalism, ethical conduct and compliance with industry standards. H…
…full review of his now-abandoned plan to sell stakes of the World Cup to private equity investors. Infantino was forced to scrap the plan early Saturday after his senior adviser, who sat on a White House panel, resigned and Asia's soccer body joined Europe and North America in opposing it. Infantino had proposed creati…
…(FFE)” but hoped to raise $4.2 billion later this year by “carefully selecting long-term investors who will purchase minority, non-controlling interests”. British Prime Minister Andy Burnham, who campaigned tirelessly for justice for the families of Hillsborough victims, was vehemently opposed to the proposal. “The Wor…
…entity to oversee major tournaments, including the FIFA World Cup, with external investors allowed to acquire stakes in the business. While FIFA argues the move will strengthen its commercial operations, critics say the plan has been developed without adequate consultation and risks undermining the governance and unity…
…be measured only by policy pronouncements but by tangible improvements that passengers, investors and aviation stakeholders can see and experience. The ongoing reforms under Ganduje and Kuku have already demonstrated that Nigeria’s airports can compete favourably with the best on the African continent if the current mo…
…this year by selling minority, non-controlling stakes to carefully selected long-term investors. The proposal has generated widespread debate across the global football community. British newspaper The Times reported that FIFA President Gianni Infantino could become commissioner of the new commercial entity after the e…
…and entrench macroeconomic stability. According to him, the increasing interest from investors suggests that the government’s reform programme is beginning to strengthen confidence in the country’s economic prospects. Cardoso also stressed that greater international collaboration has become indispensable, noting that n…
…without industrialisation,” Dangote said. “The greatest attraction for foreign investors is the success of domestic investors. When local investors thrive, they send a powerful signal that the environment is conducive to investment.” The industrialist revealed that Dangote Industries recently raised an unsecured and un…
…to launch the IPO that month, describing it as a chance for Nigerians and institutional investors to share in the refinery's growth.The offering is expected to rank among the continent's biggest equity transactions and would represent the most significant addition to Nigeria's capital market in years. Regulators have l…
…British Prime Minister Andy Burnham said on X that “football does not belong to investors”. “The World Cup is not a product. It is the greatest competition in world sport, and it was never anyone’s to sell,” he added. FIFA said its subsidiary, FIFA Forward Enterprise (FFE), would select “long-term investors who will pu…
FIFA President Infantino called out over plans to sell World Cup stakes to private investors FIFA president Gianni Infantino is reportedly considering a proposal to sell minority stakes in the commercial rights of the FIFA World Cup and Club World Cup to private investors, a move that has already drawn strong oppositio…
…as renewed buying interest across insurance, industrial and consumer goods stocks lifted investors’ wealth by ₦481.18 billion, amid growing expectations that the ongoing release of half-year corporate earnings will sustain market momentum. The benchmark NGX All-Share Index rose by 0.30 per cent to close at 247,984.55 […
…of efforts to revive the textile industry, Enoh said the government was engaging investors and development partners to restore the cotton, textile and garment value chain. “We are working on the Cotton, Textile and Garment Industrial Transformation Programme. We are reconnecting cotton growers, textile manufacturers an…
…infrastructure boom aimed at transforming the state into a prime destination for foreign investors. Balogun, while speaking on the state’s economic evolution, noted that crucial projects such as the construction of the Ibadan Circular Road and the upgrading of Ibadan Airport to international standards were strategic ma…
…for the power sector and establishing the Power Consumer Assistance Fund. He called on investors to develop the ecosystem to drive the development of investment opportunities, crowding in global pools of capital. The special adviser also enjoined development partners to support reforms and investment attraction and lea…
…of this nature reinforce concerns about weak institutions and inadequate accountability. Investors assess not only economic indicators but also the credibility and reliability of public institutions. When regulatory systems fail to detect such irregularities, public confidence inevitably suffers. Accountability must th…
…The event brought together the technology industry, researchers, policymakers, investors and innovators for discussions spanning AI governance, industrial applications, innovation, investment, youth development and talent recruitment. The scale alone should command Nigeria’s attention. The conference featured more than…
…facilities and produce markets near farming communities. He appealed to private investors to expand cold chain infrastructure, food processing and contract farming through affordable financing. He also advocated stronger collaboration among governments, commodity associations, farmer cooperatives, logistics companies a…
…Dutse, said the ministry had developed a workable PPP framework that was accessible to investors across Nigeria and beyond. “As part of our mandate and responsibility as a government, the Federal Ministry of Housing and Urban Development has streamlined the bottlenecks associated with Public-Private Partnership arrange…
…quoted as saying the committee’s work would “provide greater certainty for businesses, investors and tax administrators,” and thst the assignment was critical to the successful implementation of the Tax Reform Acts, which came into effect on January 1, 2026. Mr. Raymond Omachi, the Permanent Secretary of the Ministry o…
…Boost as Impact Investment Soars>According to The Nation, the event brought together investors, development finance institutions and policymakers to discuss how data-driven investment decisions can support sustainable economic growth.From breaking news to viral moments. Follow Legit.ng on Instagram.Shift toward long-te…
Ahead of the upcoming Nigeria Tourism Investors Forum and Exhibition (NTIFE) 2026, the Federation of Tourism Associations of Nigeria (FTAN) has announced that this year’s event will focus on promoting investment, partnerships, and the development of the tourism sector. The post NTIFE 2026 to highlight FTAN’s drive for…
…explained that Soviet influence over Angola’s economy had effectively shut out other investors. “The Soviets are advising us, and they are exploiting their fish. If they are the ones exploiting the fish and they are also the ones advising, where is the chance for anybody else to come in?” Obasanjo quoted Neto as saying…