EndSARS Destruction Set Tinapa Back as Investment Hub – NEPZA
By Oluwakemi Kindness The Nigeria Export Processing Zones Authority (NEPZA) says the destruction of facilities at the Tinapa Free Trade Zone during the 2020 EndSARS unrest dealt a major blow to investor confidence and undermined efforts to position the complex as a hub for trade, tourism and industrial development. NEPZA’s Head of Corporate Communications, Dr […]
Shettima Urges Governors to Fund Projects Through Capital Market
By Oluwakemi Kindness Vice-President, Kashim Shettima has pledged to work with state governors to expand capital market financing for development projects, warning that policy reversals could undermine investor confidence and weaken Nigeria’s economic gains. He said states should embrace properly structured bonds, credible project pipelines and greater transparency to mobilise long-term funding for infrastructure rather […]
Tax Ombud, OGFZA Move to Resolve Tax Disputes, Boost FDI
By Oluwakemi Kindness The Office of the Tax Ombud and the Oil and Gas Free Zones Authority, OGFZA, are partnering to address tax and fee-related complaints from investors in Nigeria’s oil and gas free zones. The collaboration is aimed at boosting investor confidence, improving tax compliance and attracting more foreign direct investment, FDI according to […]
NEPZA Warns Invasion Could Hurt Investor Confidence
By Oluwakemi Kindness The Nigeria Export Processing Zones Authority (NEPZA) has warned that the unlawful invasion of the Abuja Industrial Park could undermine investor confidence in Nigeria’s Free Trade Zones. A statement on Staurday says NEPZA Managing Director, Olufemi Ogunyemi, issued the warning during a routine inspection of the $300 million industrial park in Abuja. […]
Nigeria’s Reserves Hit 17-Year High at $52.5bn – CBN
By Oluwakemi Kindness Nigeria’s foreign exchange reserves have climbed above $52.5 billion, reaching a 17-year high, the Central Bank of Nigeria (CBN) has said. The apex bank said the reserves, as of July 17, 2026, had also exceeded its annual target. The CBN attributed the increase to sustained foreign exchange inflows and renewed investor confidence […]
FG Welcomes IMF Backing for Reform Agenda
By Oluwakemi Kindness The Federal Government has expressed satisfaction with the International Monetary Fund’s (IMF) latest assessment of Nigeria’s economy, describing it as an independent validation of the economic reforms implemented under President Bola Tinubu’s administration. In a statement issued on Tuesday, Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, says the […]
NAICOM, Abia Partner to Protect Investments
By Oluwakemi Kindness The National Insurance Commission (NAICOM) and the Abia State Government have pledged closer collaboration to strengthen risk protection for businesses, safeguard economic activities, and boost investor confidence in the state. The commitment was made during a courtesy visit by the Commissioner for Insurance, Olusegun Ayo-Omosehin, who led a high-level delegation from Nigeria’s […]
Cardoso Says Nigeria’s Economic Reforms On Track After IMF
By Oluwakemi Kindness Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the country’s economy remains firmly on track following the 2026 Spring Meetings of the IMF and World Bank Spring Meetings in Washington. Cardoso, in a message on the bank’s official X handle on Monday, says the CBN is focused on building on […]
AI Can’t Replace Human Judgment in Financial Reporting — Expert
By Oluwakemi Kindness As artificial intelligence continues to transform financial reporting across global markets, expert have stressed that human judgment remains indispensable in preserving accuracy, context, and investor confidence. Speaking at a one-day webinar themed “Reporting Financial Analysis in the Age of AI,” media and financial communication expert, Oladele Adeoye, highlighted the growing influence of […]