175 results found

On February 28, 2024, President Bola Tinubu announced the implementation of the Expatriate Employment Levy (EEL), a government-mandated contribution imposed on employers...

In January 2023, Nigeria added another port facility to its list of seaports in the country. Prior to the commissioning of the Lekki Deep Seaport by President Muhammadu Buhari on 23 January 2023...

The best time to invest in Nigeria is now, some "motivational speakers" would say. I have also read that foreign investors have not moved into Africa as quickly as expected because of some of the risks associated with the continent.

As the Nigerian bench and bar prepare for new leadership with the retirement of Justice Ariwoola as Chief Justice of Nigeria and the scheduled inauguration of Mazi Afam Osigwe...

Fund repatriation plays a vital role in shaping a country's investment climate and broader economic health. For many nations, especially those reliant on foreign direct investment...

The crash in crude oil prices and fall in crude oil production due to the sabotage of oil terminals in the Niger Delta, among other factors led to Nigeria's fall into economic recession in the second quarter of 2016.

Simplicity is the ultimate sophistication, nothing distinguishes more than the ability to simplify highly complicated situations.

The Central Bank of Nigeria has reversed its 2024 foreign exchange restrictions on International Oil Companies, allowing immediate repatriation of 100% of export proceeds. This policy shift eliminates the previous 90-day retention requirement and 50/50 rule, fundamentally changing how IOCs manage their treasury operations and export earnings in Nigeria's oil and gas sector.

The purpose of this new window is to improve foreign exchange liquidity. This is in addition to the SME window recently introduced by the CBN.

One great way of expanding one's business is to establish it in other countries like Nigeria, but why foreign direct investments in Nigeria? Nigeria is the most populous African nation...

Nigeria is a major target location for foreign direct investment (FDI) in Africa and attracts investors in various sectors such as power, energy, real estate etc.

Investment interest in Africa and Nigeria has continued to grow, with Africa often viewed as an investment market with the potential for significant growth and superior returns.

Investment interest in Africa and Nigeria has continued to grow, with Africa often viewed as an investment market with the potential for significant growth and superior returns.

President Mohammed Buhari recently signed an Executive Order titled Planning and Execution of Projects, Promotion of Nigerian Content in Contracts and Science, Engineering and Technology.

Real estate investment in Nigeria is one of the major investments attracting both local and foreign investors.

Nigeria has benefitted significantly from Chinese investment in the fintech industry, gaming, and infrastructure sector. Initially...

On June 14, 2023, the Central Bank of Nigeria ("CBN") issued a press release ("Press Release") to authorized dealers and the general public, concerning changes to be implemented in the operation..