investment

The Nigerian government has launched capital gains tax reviews and infrastructure concession programmes to attract patient capital, while President Tinubu's executive order on oil earnings remittance aims to increase Federation Account revenue.

President Tinubu's administration has secured N50 billion in private funding for Nigerian sports while creating 140,000 jobs and winning 375 medals across competitions, as the National Sports Commission pursues comprehensive sector reforms including anti-doping governance and football infrastructure development.

New York-based crypto investment firm DBA has secured $68 million for its second venture capital fund, marking a 36% increase from its debut fund and signaling renewed institutional confidence in cryptocurrency markets.

Nigeria's compressed natural gas initiative reports 30% fare reductions but infrastructure deployment lags behind government targets, exposing implementation gaps despite securing over $2 billion in private investment.

A lawsuit filed against police officers over alleged abuse during a raid on a $100 million ethanol facility highlights growing friction between state security forces and private sector operators, as opposition leader Kizza Besigye warns of deepening governance challenges.

Nigeria's state oil company has signed a tripartite agreement with Chinese firms for gas infrastructure development, while international traders increasingly partner with indigenous operators amid improved regulatory environment.

A wave of investment is reshaping Africa's transport landscape, with electric motorbike operators securing hundreds of millions in funding while traditional battery manufacturers abandon their core business for solar and EV partnerships.