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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
Five soldiers killed, three missing in clash with insurgents in Niger
By: Zagazola Makama
Five soldiers were killed and three others declared missing following a clash between Nigerien Defence and Security Forces (FDS) and suspected Islamic State fighters in Sanam, Tillabéri Region of western Niger.
Security sources said the incident occurred on Feb. 12, 2026, during a confrontation between troops and suspected members of the Islamic State in the Greater Sahara (EIGS) operating in the area.
The clash reportedly took place in Sanam Zone, a locality near the Niger–Mali border known for recurrent armed attacks by jihadist groups.
According to the sources, the soldiers were engaged in an operation when they came under heavy attack, leading to a standoff. Five personnel were confirmed dead, while three others were declared missing after the encounter.
The Tillabéri Region has remained a hotspot of insurgent activities due to its proximity to Mali and Burkina Faso, with security forces frequently conducting operations to contain armed groups.
Authorities are yet to release an official statement on the latest incident, while search efforts are reportedly ongoing to locate the missing soldiers.
Five soldiers killed, three missing in clash with insurgents in Niger
Army, police rescue 12 kidnapped victims in Ekiti border attack
By: Zagazola Makama
A Combined Army and Police operatives have rescued 12 kidnapped victims following an armed attack by suspected kidnappers in Oke-Ako area of Ekiti State.
Sources disclosed that the incident occurred on Feb. 13 at about 9:00 a.m., when sporadic gunfire was heard near their base. Preliminary assessment indicated the gunshots were from an assault launched by suspected kidnappers in the area.
Army troops, in collaboration RRS,Anti-Kidnapping Squad (AKS), and local security outfits, swiftly mobilised to the scene. On sighting the security forces, the attackers engaged in a gun duel, but were overpowered and forced to retreat into the forest, taking two victims with them.
Through intensified operations, the security forces successfully rescued 12 victims unhurt, while one, identified as Jeremiah Gambo, sustained a gunshot injury and was immediately rushed to a nearby hospital in Ikole Local Government Area for treatment.
The troops also recovered an unregistered Boxer Bajaj motorcycle, a white Nissan Cabstar pick-up with registration number EJG-96XB, and a wine-coloured Toyota Corolla with registration number KLE-575AE, all belonging to the victims.
Army, police rescue 12 kidnapped victims in Ekiti border attack
Forest guard arrested for allegedly killing son in Monguno, Borno
By: Zagazola Makama
A member of the Forest Guard in Monguno Local Government Area of Borno State has been arrested for allegedly shooting his son to death.
Sources said the incident occurred on Feb. 13 at about 5:40 p.m. at the RRR Internally Displaced Persons (IDPs) Camp in Monguno.
The case was reported to the Monguno Division at about 6:20 p.m. by Maidugu Mustapha of Gana Ali Ward, who alleged that Mohammed Ibrahim Angoli, 28, a Forest Guard member, fatally shot his 24-year-old son, Ajiya Mustapha, in the back with an AK-47 rifle.
The Divisional Police Officer (DPO) of Monguno led a patrol team to the scene, where photographs were taken and the victim was evacuated to General Hospital, Monguno.
A medical doctor on duty confirmed the victim dead on arrival. The corpse was subsequently deposited at the hospital mortuary for autopsy.
The suspect has been arrested and the firearm recovered as exhibit.
The Criminal Investigation Department (CID), Maiduguri, has commenced investigation into the incident.
Forest guard arrested for allegedly killing son in Monguno, Borno
Five soldiers killed, three missing in clash with insurgents in Niger
Benue Police repel bandits attack in Ugba, one suspect arrested, one bandit killed
Army, police rescue 12 kidnapped victims in Ekiti border attack
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