By NWAFOR AZINGE GOVERNOR Sheriff Oborevwori has announced a $100 million Investment Support Fund to strengthen investor confidence and accelerate economic development in Delta State. The fund, worth about ₦133 billion, was unveiled during the Delta State Economic and Investment Summit 2026 in Asaba. Oborevwori said the facility would reduce the financial burden facing investors […]
Delta Stakes Its Economic Future on Investment-Led Growth AS Delta State prepares to host its 2026 Economic and Investment Summit, expectations are rising that the event will become more than another government gathering. Scheduled for 3 to 5 August at the Dome Event Centre in Asaba, the summit is expected to bring together policymakers, investors, […]
Economic Summit to Showcase Delta’s Investment Opportunities THE Delta State Government has outlined an ambitious economic transformation agenda centred on infrastructure, energy, maritime development and industrial expansion as it prepares to host the 2026 Delta State Economic and Investment Summit in Asaba. Speaking ahead of the three-day summit, Secretary to the State Government, Dr. Kingsley […]
Despite strong investor participation in the 2025 Licensing Round, 13 oil and gas blocks will be returned to the licensing basket after receiving no bids, the Nigerian Upstream Petroleum Regulatory Commission says. FG Returns 13 Oil Blocks to Licensing Basket After Failing to Attract Bids 37 of 50 Blocks Draw Investor Interest THE Federal Government […]
Investment Initiative to Unlock Regional Potential THE Federal Government has launched a $500 million Niger Delta Agricultural Investment Fund to stimulate large-scale investment in agriculture, promote food security and diversify economic activities across the Niger Delta. Vice President Kashim Shettima unveiled the initiative during the Niger Delta Agricultural Development and Investment Summit held in Abuja, […]
Delta Government Calls for Greater Indigenous Investment at Economic Summit Private Sector Urged to Become Active Investors THE Delta State Government has called on indigenous businesses and members of the organised private sector to play a more active role in driving the state’s economic transformation, urging them to move beyond policy discussions and become direct […]
Bearish Sentiment Returns to Nigerian Exchange AFTER weeks of impressive gains, the Nigerian stock market experienced a sharp reversal as investors collectively lost ₦2.341 trillion following widespread selling across several major listed companies. The session marked another extension of the market’s recent losing streak, with declining prices among blue-chip and mid-tier stocks outweighing gains recorded […]
THE Delta State Government has renewed its drive to attract local and foreign investment, inviting investors to take advantage of the state’s growing business opportunities and investor-friendly reforms aimed at boosting economic growth and job creation. The call was made during a town hall meeting held in Asaba by the Delta State Government in collaboration […]
Niger State Government says it is expanding partnerships with private investors, including the Dangote Group, to unlock crude oil potential in the Bida Basin through a public-private partnership model. Niger Targets Private Investment in Oil Exploration THE Niger State Government has intensified efforts to attract private sector investment into crude oil exploration activities in the […]
Regulatory push for stronger capital quality and risk discipline reshapes payout expectations for shareholders. A subtle but significant shift is unfolding in Nigeria’s banking sector, as several lenders delay dividend payments despite reporting strong profits for the 2025 financial year. At the centre of the development is the Central Bank of Nigeria (CBN), which has […]