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Nigeria dominated the maiden edition of African Investment Forum, as West African region grossed the highest value in deals with the country carting home major share of the $13.1 billion …
Nigeria secures more deals at investors’ marketplace Read MoreThe African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area …
Afreximbank announces $1bn facility for AfCFTA Read MoreThe total value of capital importation into Nigeria stood at $8,485 million in the first quarter of 2019. This represents an increase of 216.03 per cent compared to fourth quarter …
Capital importation hits $8.4m in Q1 2019 —NBS Read MoreThe International Monetary Fund (IMF) has said that sovereign investors more jumpy, thus threatening a sharp fall in investor appetite. According to the Fund, this is just when financing is most …
Sovereign investors’ appetite decline – IMF Read MoreThe Naira on Wednesday in Lagos gained marginally against the dollar at the parallel market closing at N359.3 to the dollar. The News Agency of Nigeria (NAN) reports that the …
Naira gains marginally against dollar at parallel market Read MoreThe Federal Ministry of Agriculture says the federal government has made agriculture a pivot for growth and development in response to the need to accelerate economic growth of the country. …
Agriculture pivot for economic growth, development – FG Read MoreAfrica Union member states governments has been tasked on institutionalizing public-private partnerships that promote innovative investments in agricultural value chains and that easily attracts intra-African trade and overseas markets. This was …
Africa urged to promote investment in agric value chain Read MoreDespite the fact that the federal government has vowed to end gas flaring in the Niger Delta region, not much seems to have changed as oil companies have continued to …
Burning billions in the name of gas flaring Read MoreCentral Bank of Nigeria (CBN) and National Pension Commission (PenCom) are strategizing for workers under the contributory pension scheme to be able to access 25 percent of their contributions for investment …
CPS: CBN, PenCom collaborate for workers to access 25% investment Read MoreInvestment in the Nigerian Stock Exchange (NSE) Thursday continued down ward trends, failing by N31 billion. Specifically, market capitalisation of listed equities declined further by 0.23 per cent to N13. …
Losing streak continues at capital market drops 0.23% Read MoreThe Ministry of State Industry, Trade and Investment, has described as unacceptable the over N4 billion spent annually on the importation of diaper, sanitary pads, wipes and napkins into the country. …
N4bn spent on diapers, sanitary pad worry FG Read MoreThe pioneer Managing Director of the Assets Management Corporation of Nigeria (AMCON), Mr. Mustafa Chike-Obi has said that liberalization of the power sector will make it profitable, enable Nigerians have …
Liberalising power sector’ll yield $30bn investment in 3 years – Chike-Obi Read MoreStakeholders in the aviation industry have commended the federal government for the renewed interest in bringing the national carrier project to fruition. Some of the stakeholders said the federal government had …
Stakeholders laud FG’s investment plan for Nigeria Air Read MoreThe Operations Director, Seplat Petroleum Development Company Plc, Mr. Effiong Okon, has restated Africa’s stance as the destination for gas development and investment. Okon made this statement during his keynote address at the …
Africa, fertile ground for huge gas investment- Okon Read MoreA quarterly report issued by the World Platinum Investment Council reveals a significant increase in overall platinum demand in 2019. The report incorporates analysis of platinum supply and demand for …
Global demand for platinum to increase by 8% in 2019 Read MoreNigeria Export Processing Zones Authoriyy (NEPZA) said the agency since inception about 25 years ago have attracted over $20 billion as Foreign Direct Investment into the nation’s economy. It also contributed …
FG rakes in $20bn foreign investment – NEPZA Read MoreIn a bid to ensure that investors get more value for their investments and thereby positively impact on their earnings per share, the Securities and Exchange Commission, SEC is seeking …
SEC seeks to reduce cost of AGM Read MoreThe African Development Bank (AfDB) says its investment in Nigeria stood at $4.5 billion as of March this year. Media Relations Officer of the bank, Emeka Anuforo, who stated this …
AfDB’s investments in Nigeria stand at $4.5bn – Official Read MoreInternational Monetary Fund (IMF) Director, African Department, Mr. Abebe Selassie, has clarified IMF position on Nigeria Sovereign Wealth Fund. Answering reporters question after the Africa Department press conference in Washington …
Excess crude account not transparent—IMF Read MoreThe Securities and Exchange Commission, SEC, has encouraged Nigerian youths to invest in the capital market instead of indulging in gambling. Acting Director General of SEC, Ms. Mary Uduk who …
Invest in capital market, SEC tells Nigerian youths Read MoreSenate Committee on Trade and Investment has uncovered a Special Economic Zone Company listed for N42billion appropriation from the 2019 budget proposals by the Federal Ministry of Industry ,Trade and …
Senate uncovers illegal company floated by Trade and Investment Ministry, rejects its 2019 budget proposals Read MoreThe Chief Executive Officer of Kainos Edge Consulting, Mr Doyin Salami has said that considering the economic situation and happenings in the global environment, the current year will be tighter …
Experts project slow economic growth for 2019 Read MoreThe Founder, Young Children Centre Point (YCCP) in Kogi state , Mrs Rita Sadiq, has called on Corporate Organisations and Philanthropists in the country to invest vigorously in projects that …
NGO tasks corporate Organisations, Philanthropists over impactful projects on Children Read MoreThe Independent Shareholders’ Association of Nigeria (ISAN) has said the court action instituted against the National Insurance Commission (NAICOM) was to save the insurance industry and people’s investments. ISAN President, Sunny …
TBMSC: Shareholders group to continue case against NAICOM Read MorePresident Muhammadu Buhari has confirmed the appointment of two Executive Directors, Mrs. Stella Ojekwe-Onyejeli and Mr. Aminu Umar-Sadiq to the board of Nigeria Sovereign Investment Authority (NSIA). The appointments …
Buhari appoints new directors for NSIA Read More