President Bola Tinubu has praised corporate Nigeria, citizens, and other stakeholders in the Nigerian capital market for surpassing the N100 trillion milestone on the Nigerian Exchange (NGX). President Tinubu described this record achievement as an inspiration for the investing public operating in the money and capital markets. Bayo Onanuga, Special Adviser to the […]
Nigeria has begun discussions with the World Bank for a new $1 billion loan aimed at boosting private investment, job creation, and economic diversification. The facility, called the Nigeria Actions for Investment and Jobs Acceleration (P512892), is a Development Policy Financing (DPF) programme and is scheduled to be considered by the World Bank Board on […]
BY MOTOLANI OSENI There was a time when trading, particularly on commodities exchanges, took place in loud, fast-paced trading floors dominated by a select group of seasoned professionals. Access to such markets was restricted, highly specialised, and filled with layers of intermediaries. Understanding the dynamics of risk and reward was a rare skill, often reserved […]
BY MOTOLANI OSENI Chairman of Allen Le & Partners, International Investment Consulting Joint Stock Company, Mr Allen Le Nam, has unveiled plans to mobilise multi-billion-dollar investments in Nigeria across various sectors. Mr Nam, who is based in Hanoi, Vietnam, disclosed the plan during his official visit to Nigeria, where he pledged to bring in other […]
Lagos State received the largest share of investment announcements of $7.29 billion in the third quarter, accounting for 81 percent of the total deals. Rivers State followed Lagos with $300 million worth of announcements in manufacturing and transportation and Oyo State with $231 million announced in electricity and trade (e-commerce). With the total investment announcements […]
Minister of Science and Technology, Dr Ogbonnaya Onu, has said that investment in Science, Technology and Innovation will boost Nigeria’s per capita income and Gross Domestic Product. The Minister spoke when he received in his office in Abuja the Ambassador of the Kingdom of Belgium to Nigeria, Ambassador Daniel Bertrand. This is according to a […]
One of the most important questions a person can ponder is what makes them happy. Is it financial stability, pursuing interests, spending time with friends and family, traveling, certain tangible items, or taking your dog to the park? The next question is, what does a person need to achieve that happiness? According to Instagram star […]
Bámidélé Adémólá-Olátéjú The issue of underdevelopment in Nigeria is not new. What is new is the headwinds of restive youths, insecurity, a ballooning population, the globalising effects of the coronavirus pandemic and dwindling national income. I spent the last four weeks traveling through the West of Nigeria and I am very worried. I am worried […]
TUNDE SHORUNKE Nigerian for Nigeria Initiative Awards (NNIA) in alliance with Lifecard International Investment in its maiden edition has given back to society as a means of reigniting the spirit of patriotism among Nigerians. This was disclosed at an award night, where the organiser reiterates the commitment of giving back to society. The Convener of […]
Institute for Corporate and Public Sector Professionals (ICPSP) has called on governments to improve investment in health, technology, manufacturing and education as a strategy to reduce adverse effects of the novel coronavirus (COVID-19), Daily Times gathered. ICPSP made the call in a communique it issued at the end of its 2020 International Conference which held […]
The Minister of Communications and Digital Economy, Dr Isa Pantami, has expressed delight as the Mobile Telephone Network (MTN) budgeted 1.6 billion dollars to invest in the Nigerian market within the next three years. Pantami disclosed this in a statement signed by Mrs Phil Oshodin, Director Press and Public Relations, on Tuesday in Abuja, when […]
There is anxiety of the dwindling foreign direct investment in Nigeria going by the recent statistics by the Nigeria Bureau of Statistics (NBS). While a foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country but it is […]
Abuja – Nigeria’s Ambassador to the Netherlands, Oji Ngofa, says the upcoming visit of that country’s Prime Minister Mark Rutte to Nigeria, will provide an opportunity to attract more Dutch investments to the country, particularly in the manufacturing and agriculture sectors. Ngofa said on Sunday in Abuja that Prime Minister Rutte will begin a working […]
The Nigerian Investment Promotion Commission (NIPC) has applauded the Edo State Government on the impact of the reforms implemented through the Edo State Investment Promotion Office (ESIPO), aimed at making the state the preferred destination for investors. Director, State Coordination of the NIPC, Mr. Aminu Takum, disclosed this when he led a delegation to Edo […]
Driven by the need to improve wealth-generating avenues for its customers, especially Nigerians, Chaka, a global trading platform has been launched in Lagos. The platform is designed to allow users to invest easily in stocks listed on NASDAQ, the New York Stock Exchange and the Nigerian Stock Exchange says Tosin Osibodu, CEO Chaka. According to […]
Lagos – The Federal Government says it has initiated intervention programmes that will up skill teachers with right tools to deliver quality education. Mr Chukwuemeka Nwajiuba, the Minister of State for Education, made this known at the Nigerian-American Chamber of Commerce (NACC) October Meeting in Lagos. Theme of the meeting was: “Investment Opportunities in the […]
Abuja – Mr Marcelino Ansorena, Ambassador of Spain to Nigeria, says the country would prioritise investment in Nigeria to strengthen the ties between them. Ansorena said this in an interview with newsmen on the sidelines of the Spanish contemporary dance concert entitled “Alguien vendrá a buscarnos” held on Friday night in Abuja. BBNaija: What does […]
The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has said investment in nutrition prevents undernutrition, builds human capital, boosts shared prosperity and improves health outcomes. Udoma disclosed this on Monday when he flagged off the 2018 Nutrition Week aimed at increasing awareness of the dangers posed by malnutrition and serve as a […]
The Head, Corporate Communications, AMCON, Jude Nwauzor, has said that the corporation is yet to get a good offer for investment. The airlines, however, have been getting a lot of interests after the Asset Management Corporation of Nigeria made it known that it planned to divest its shares in the airlines. Nwauzor explained that the […]
President Muhammadu Buhari has said that his administration will continue to implement policies that attract investment and spark competition in critical sectors of the economy for employment creation and growth. Speaking at the State House, Abuja on Thursday while receiving the Chairman and Management of the LADOL Integrated Logistics Enterprise on a courtesy visit, President […]