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$1trn economy: NACCIMA woos Chinese investors to boost industrialisation

By Yinka Kolawole The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has announced the third edition of its Business and Investment Forum in Guangzhou, China, as part of efforts to attract sustainable foreign direct investment (FDI) and support the Federal Government’s ambition of building a $1 trillion economy by 2030. The forum, […]

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New tax law yet to end multiple levies — MAN

The Manufacturers Association of Nigeria (MAN) has said manufacturers are yet to enjoy relief from multiple taxes and levies despite the enactment of the Nigeria Tax Act 2025. The association disclosed this in its Manufacturers CEO Confidence Index (MCCI) report for the second quarter of 2026, noting that manufacturers continued to grapple with multiple tax collectors […]

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Nigeria’s FDI jumps 148% despite Africa’s investment decline

By Yinka Kolawole   Nigeria emerged as one of Africa’s strongest foreign investment performers in 2025, recording a 148 per cent increase in Foreign Direct Investment (FDI) inflows despite a sharp decline across the continent, according to the UN Trade and Development (UNCTAD) World Investment Report 2026. The report showed that global FDI rebounded by six per […]

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