
Nigeria could attract greater investment from the United Arab Emirates if it undertakes key economic reforms, according to economists cited by Punch. The experts said reforms to the country's oil and gas sector, improved foreign exchange liquidity, and opening up its energy and infrastructure sectors would make Nigeria a more appealing destination for UAE capital. The recommendations highlight efforts to deepen economic ties between the two countries.
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Gautier Mignot, the EU Ambassador to Nigeria and ECOWAS, stated that Nigeria is highly attractive to foreign investors, highlighting its "huge untapped potential" despite existing regulatory and infrastructure challenges. He noted that reforms implemented by the Nigerian government are enhancing investor confidence, as discussed on ARISE News prior to the Nigeria–EU Business Forum.
Information Nigeria·June 23, 2026 at 5:15 PM
Nigeria’s Federal Government is courting Austrian investors by advertising dollar returns above 20% and pointing to economic reforms, according to Punch. The pitch is presented as part of efforts to attract foreign capital, with officials framing improved yields and policy changes as incentives for overseas investment. The report offers no further detail on specific projects, timelines, safeguards, or how the promised returns would be generated.
Punch·September 8, 2026 at 7:17 PM
The European Bank for Reconstruction and Development (EBRD) plans to invest $1.5 billion in Nigeria over the next three years. According to the managing director, these investments aim to facilitate trading activities by providing easier access to pre-import and post-export financing for importers and exporters in the country.
Premium Times Business·July 4, 2026 at 8:53 AM
Nigeria could attract between $30 billion and $50 billion in investment across 22 major offshore oil and gas projects over the next five years, according to CSL Research analysis cited by Tribune Online. The projection is linked to Nigeria’s new associate membership of the International Energy Agency and focuses on offshore energy development, though the blurb does not provide project names, timelines beyond five years, or commitments from investors.
Tribune Online (NG)·September 9, 2026 at 6:35 AM
Energy expert Dan Kunle has recommended that President Bola Tinubu privatise Nigeria's four state-owned refineries. He argues that years of public investment in these facilities have not produced significant value and are a financial burden on the economy, according to Premium Times.
Premium Times·July 5, 2026 at 9:59 PM
Professor Emeritus of Petroleum Economics, Prof. Wumi Iledare, has urged Nigeria to move beyond merely producing hydrocarbons and instead convert its oil wealth into lasting economic value. Speaking in Abuja, according to ThisDay Live, the foremost petroleum economist argued that the country must deliberately pursue strategies that translate its petroleum resources into broader, sustainable benefits for the economy rather than relying solely on crude production and exports.
ThisDay Live·September 7, 2026 at 11:14 PM