News
Investor Roadshow to Hold in Nigeria to Attract US Investment to Nigeria
Investor Roadshow to Hold in Nigeria to Attract US Investment to Nigeria
By: Michael Mike
The United States government, through the U.S. Agency for International Development (USAID) Mission in Nigeria and U.S. government Prosper Africa and Power Africa initiatives, are hosting an investor roadshow from October 9-13 to expose U.S. investors to investment opportunities and the investment ecosystem in Nigeria.
A statement on Friday by the United States Diplomatic Mission to Nigeria, Public Affairs Section said twelve executives from leading U.S. pension funds and financial service providers, managing over $1 trillion in assets, are meeting with Nigerian companies and fund managers during the investor trip.
The roadshow is expected to raise awareness around investment opportunities in the country, particularly in infrastructure, and to build relationships among U.S. and African investors and fund managers.
The statement read that: “With a strategic geographic location, a diverse population, and a commitment to economic transformation, Nigeria presents a compelling investment destination. Nigeria has the largest economy in Africa, with a gross domestic product (GDP) of USD $477 billion as of 2022, and a diverse range of industries, including oil and gas, agriculture, and telecommunications. A research report published by Goldman Sachs highlighted that Nigeria has the potential to be one of the top five global economies by 2075.
“The roadshow comes at an opportune time, given the significant reforms instituted by the Nigerian government under a new Administration. A key objective of the trip is to break down information gaps on the country’s business environment and real and perceived risks, so that investors can accurately assess business and project opportunities.”
The U.S. Consul General to Lagos, Will Stevens noted that: “Beyond advancing specific investment opportunities, this trip is about building enduring trade and investment relationships between America and our Nigerian partners. I would like to thank the U.S. Agency for International Development for supporting this inaugural delegation of U.S. investors, in partnership with Chapel Hill Denham and International Investor Network.”
According to the statement, throughout the week, the investors are scheduled to participate in site visits, events, and investor pitch sessions in Abuja and Lagos, Africa’s commercial capital and the sub-Saharan Africa region’s fourth largest economy. They will also engage with U.S. Government representatives to understand U.S. trade and investment priorities in the region and learn more about U.S. Government resources available to support investors.
This roadshow advances USAID’s efforts to mobilize greater private sector investment into infrastructure projects in priority sectors including agriculture; water, sanitation, and hygiene; and renewable energy. In addition, it advances Prosper Africa’s mandate as a presidential initiative to transform the economic relationship between Africa and the United States and drive large scale investment to the continent.
The visit follows the “Investing in Development” conference, held earlier this year in Nigeria, which highlighted that greater private sector investment in infrastructure is a key pathway to achieving Nigeria’s development objectives. The trip is part of a series of U.S. institutional investor trips to Africa in 2023, organized under the Prosper Africa initiative, to South Africa, Morocco, Egypt, and Botswana.
Investor Roadshow to Hold in Nigeria to Attract US Investment to Nigeria
Police foil bandits’ attack, recover AK-47 rifle in Abuja
By: Zagazola Makama
Operatives of the Federal Capital Territory (FCT) Police Command have foiled an attempted kidnapping by a notorious bandit gang and recovered an AK-47 rifle and ammunition during a midnight operation in the outskirts of the territory.
Zagazola Makama gathered that the operation followed credible intelligence from the Technical Intelligence Unit (TIU) of the Force Headquarters about a planned attack led by a gang leader identified as Idrisa, also known as Mai Duna.
Acting swiftly, operatives of the Anti-Kidnapping Unit laid an ambush between 9 p.m. on Oct. 10 and 1 a.m. on Oct. 11 along the rail track near Grow Home Estate, a location bordering the FCT and Niger State.
The armed gang, divided into two groups targeting Grow Home Estate and Royal Champion Church in Chikakore, Byazhin District, was intercepted by the police team.
A fierce gun duel ensued, lasting about 20 minutes, after which the bandits were subdued, forcing many to flee with suspected gunshot wounds.
During the search of the area, police recovered an AK-47 rifle with a defaced breech number, one magazine, and a live round of 7.62mm ammunition.
Reinforcement from the military, DSS, and local hunters was deployed to the area to secure the communities and block escape routes.
Sources said that the Commissioner of Police assured residents of continued security presence and renewed commitment to maintaining peace and safety in the FCT.
The Anti-Kidnapping Unit has commenced further investigation, while efforts are ongoing to apprehend the fleeing suspects.
Police foil bandits’ attack, recover AK-47 rifle in Abuja
Police arrest mentally unstable woman for killing IDP in Monguno
By: Zagazola Makama
The Borno State Police Command has arrested a mentally unstable woman for allegedly killing a fellow internally displaced person (IDP) in Monguno Local Government Area of the state.
Sources said that on Oct. 10, 2025, at about 4:35 p.m., one Modu Kolomi of RRR IDPs Camp reported that a woman identified as Yagana Zara, aged 40, of the Water Board IDPs Camp, attacked his wife, Yagana Abba Butu, aged 30, with a wooden stirrer.
The suspect, said to be mentally challenged, allegedly beat the victim severely, resulting in fatal internal injuries.
Security forces Monguno promptly visited the scene, rescued the suspect from mob action, and evacuated the victim to the General Hospital, Monguno, where she was confirmed dead on arrival.
The body was deposited at the hospital mortuary for autopsy and later released to the family for burial according to Islamic rites.
According to sources, the State Criminal Investigation Department (SCID), Maiduguri, has commenced investigation, while the suspect has been taken to a state psychiatric facility for mental evaluation.
End
Troops rescue three kidnapped victims, sustain offensive against bandits in Kwara
By: Zagazola Makama
Troops of 2 Division/Sector 3, Operation FANSAN YAMMA, have rescued three kidnapped victims during sustained operations against bandits in parts of Kwara State.
The operation, conducted on Saturday, Oct. 11, followed credible intelligence that led troops deployed at the Patrol Base Babanla to a suspected bandit hideout within the Babanla Forest.
Sources told Zagazola Makama that the troops rescued Mrs. Oluwabusayo Taiwo, 25, and her three-year-old son, Taiwo Irayomide, who were abducted at Oke-Ode on Sept. 28.
The victims, who were found in stable condition, are receiving first aid treatment at the Patrol Base sick bay and are expected to be reunited with their family members soon.
In a separate operation, troops on routine patrol along a suspected bandit route also rescued a local tea seller, Mr. Mohammadu Sani, popularly known as Mai Shayi, aged 40, from Garkarima community.
According to the sources l, the bandits fled upon sighting the patrol team, abandoning the victim, who was found in a pool of blood. Troops recovered one dane gun and a cutlass from the scene.
Sani is currently receiving medical attention at the Patrol Base sick bay.
The Commander, 22 Armoured Brigade, Brig.-Gen. Ezra Barkins, commended the troops for their swift response and professionalism.
He reaffirmed the Nigerian Army’s commitment to the safety and security of citizens, pledging that troops would continue to intensify operations aimed at restoring peace and stability across Kwara State and its environs.
Troops rescue three kidnapped victims, sustain offensive against bandits in Kwara
GIZ Launches Peacecore Project in Taraba,Trains Thirty Journalists on Conflict-Sensitive Reporting
Police foil bandits’ attack, recover AK-47 rifle in Abuja
Bandits abduct five passengers in Zamfara
Roger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
THE PLIGHT OF FARIDA
POLICE CHARGE ROOMS, A MINTING PRESS
-
News2 years agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions4 years ago
THE PLIGHT OF FARIDA
-
Opinions4 years ago
POLICE CHARGE ROOMS, A MINTING PRESS
-
News2 years agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
ACADEMICS2 years agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns2 years agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
News6 months agoFAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
Opinions2 years agoTinubu,Shettima: The epidemic of economic, insecurity in Nigeria
