Nigeria's Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has announced plans to host a summit in China in 2026 aimed at attracting significant oil and gas investments into Nigeria. According to Punch, the initiative will focus on the country's vast gas resources as a means of boosting national revenue and strengthening economic ties with Chinese investors in the energy sector.

Concerns that compressed natural gas (CNG) cylinders could explode are hindering the adoption of the fuel in Nigeria, according to the chief executive of the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG/EV). The official highlighted these safety fears as a key barrier to wider uptake of CNG, which the government has promoted as an alternative to petrol.

The Nigeria Extractive Industries Transparency Initiative (NEITI) has cautioned that the country's low transparency rating may discourage foreign investment in its oil, gas, and mining sectors. NEITI emphasized the need for enhanced accountability to attract potential investors.

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has urged African countries to move beyond mere resource ownership and focus on building sustainable industrial capacity. Speaking at Africa Oil Week (AOW) 2026, Ogbe said the continent should create greater value from its natural resources and position African businesses to compete globally, according to The Tide. The remarks highlight Nigeria's push for stronger local content and industrial growth in the energy sector.

Nigeria plans to draw lessons from China on transforming its tourism sector, according to Dr Ola Awakan, Director General of the Nigerian Tourism Development Authority. Speaking at a seminar on China's tourism development experience organised by the Chinese embassy in Abuja on Tuesday, Awakan highlighted China's remarkable transformation of its tourism industry as a model Nigeria aims to study and adapt for its own sector expansion.

Nigeria's National Communications Commission (NCC) has gained veto power over significant telecom deals, a move it claims will benefit investors. The effectiveness of this new regulation will depend on the NCC's ability to approve transactions promptly, which will be crucial for major players like Airtel, MTN, and Glo.