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investment
BREAKING: World Bank approves $1.57 billion for Nigeria for three projects
The World Bank has approved $1.57 billion to help Nigeria with important projects. This money will be used to fix…
Sugar Masterplan Attracted $1 Billion Investments, 15,000 Jobs, Says NSDC Boss
The National Sugar Development Council in Nigeria has announced exciting news about the country's sugar industry.…
ExxonMobil Unveils $10bn Deepwater Investment Plan in Nigeria, Shettima Ecstatic
The Nigerian government is working hard to bring more businesses and money into the country. Recently, ExxonMobil,…
ExxonMobil mulls $10b investment in Nigeria’s deep-water
Nigeria's economy is getting stronger because two big companies are planning to invest a lot of money in the…
Customs, SMEDAN partner to ease SMEs’ cross-border trade
The Nigeria Customs Service (NCS) is partnering with the Small and Medium Enterprises Development Agency of…
Why Coca-cola suspended its 5-year $1 billion investment pledge to Nigeria in 2021…
The Nigerian presidency has clarified the reasons behind Coca-Cola's initial withdrawal of its $1 billion…
Over $500 million investment attracted through Public-Private Partnership projects…
The Nigerian government, through the Infrastructure Concession Regulatory Commission (ICRC), has attracted over…
Dapo Abiodun announces $5 million UK battery plant investment in Ogun State
The Ogun State Government has announced the establishment of a $5 million battery recycling plant by a British…
Executive Order: Tinubu eyes $2.5bn investments
President Bola Tinubu has signed five executive orders to encourage investment in Nigeria's oil and gas sector.…
Taiwan to assist Nigeria achieve technological growth
Taiwan is ready to support Nigeria in boosting its technology sector, as revealed by Mr. James Huang, Chairman of…
Multi-billion naira Jauri Inland Dry Port to come on mainstream soon – Zulum
Governor Babagana Zulum of Borno State has reaffirmed the government's dedication to advancing the Jauri Inland…
Chinese firm to invest $50m in tin, others in Nasarawa
Nizhong Mining Company, a Chinese firm, has announced plans to invest $50 million in the exploration and…
Julius Berger’s share price climbs by 34.02% in two weeks
Julius Berger closed trading on August 13, 2024, at N130.00 per share, continuing a notable upward trend.
The…
Investors Rethink Japanese Multinationals Amid Yen Strength
The strengthening yen is prompting investors to reassess the prospects of Japanese multinational companies, which…
African caucus calls for investments, energy access, to boost AfCFTA
The African Caucus, which includes over 50 African Ministers of Finance and Central Bank governors, has urged for…
BUA Foods Reports N672.39 Billion Revenue in First Half of 2024
BUA Foods Plc reported N672.39 billion in revenue for the first half of the financial year ending June 30, 2024,…
Nigeria’s foreign investments rising on proposed bank recapitalisation -Cardoso
Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), attributes the recent rise in foreign investments…
Lagos State Partners with PMI to Boost Project Management Efficiency
The Lagos State Government has formalized a partnership with the U.S.-based Project Management Institute (PMI) to…
DBN secures access to over $100b Green Climate Fund
The Development Bank of Nigeria Plc (DBN) has become the first Direct Access Entity (DAE) in Nigeria to receive…
Chapel Hill Denham named Nigeria’s best investment bank
Chapel Hill Denham has been awarded the title of Best Investment Bank in Nigeria at the 2024 Euromoney Awards for…
Global aircraft leasing market to hit $315b by 2033
The global commercial aircraft leasing market is set to reach $315.9 billion by 2033, growing at a cumulative…
Dangote Fights Back… NMDPRA Letter Shows Regulator Approved Refinery’s In-house…
Dangote Refinery is defending the quality of its refined products following allegations by the Nigerian Upstream…
Foreign investments in manufacturing down 57.4% to N192bn in Q1’24
The harsh business environment in Nigeria led to a 57.36% decline in foreign investments in the manufacturing…
Sanwo-Olu to establish Lagos state sovereign investment fund, lobbies NSIA to…
Governor Babajide Sanwo-Olu of Lagos State announced plans to establish a Sovereign Investment Fund during a…
EU seeks areas to invest part of 150bn Euro sub-regional package
The European Union (EU) is exploring potential investments in Nigerian ports as part of its €150 billion…
RT Briscoe To Raise N10bn With Investment Scheme
RT Briscoe has launched a flexible investment plan aimed at supporting its 43,000 shareholders, mostly retired…
Olufemi Otedola Becomes Largest Shareholder in FBN Holdings with New Share…
Olufemi Otedola, chairman of FBN Holdings, has acquired an additional 546,674,034 shares through Calvados Global…
WIOCC raises $41 million to expand infrastructure in Nigeria, others
The West Indian Ocean Cable Company (WIOCC) has secured $41 million in debt funding led by IFC and Proparco to…
Ekpo Woos Canadian Businesses, Investors to Nigeria’s Gas Sector
Nigeria's Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, emphasized the necessity of global…
Morning Bid: Buoyant US eyes French angst, China home woes
Wall Street stocks and bonds maintained stability following a dynamic macroeconomic week, despite concerns over…