…Says the world’ll depend on Africa for food World Food Prize Laureate and President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has said that Africa does not need aids but disciplined investments, adding that the time has come to view investment and development opportunities in Africa through a totally different lens. Akinwumi said […]
The Ogun State Government has moved to boost it’s investment drive with the introduction of an investment promotion and facilitation agency, OgunInvest. Expected to replace the One-stop Shop Investment Centre (OSIC), the agency will promote and facilitate investment in the state. The state Commissioner for Information and Strategy, Otunba Adedayo Adeneye, in a statement, said […]
The commitment of the Federal Ministry of Industry, Trade and Investment to initiate policies that would contribute to the diversification of the economy has again been reiterated. The Director, Industry Development Department (IDD) Mr. Kunle Olorode, stressed that the significant role Micro Small and Medium Enterprise (MSMEs) play as the engine of economic growth and […]
The recent figure released by the National Population Commission (NPC), which put Nigeria’s population at 198 million, has lent credence to the need for the country’s leaders to increase investment in family planning. Nigeria is already identified as the country with the most rapidly-expanding population in the world such that by 2050, she could become […]
President Muhammadu Buhari, has secured investment worth $15 billion with Shell multinational oil company. Buhari, met in UK with the top management staff of Shell on Wednesday as part of talks he said were to secure investment into the country. “I saw Shell Group, they came here, they saw me, they are preparing to invest […]
…As Boat Regatta holds amidst glitz, glamour Lagos State Governor, Mr. Akinwunmi Ambode on Sunday said his administration will not waver in making the right investment in the coastline asset of the State especially in making it cleaner and safer to boost water transportation and tourism. Governor Ambode, who said this at the 2018 edition […]
The First City Monument Bank, FCMB says, it is partnering with state Governments to ensure that youths in the country are assisted in their entrepreneurial skills where youths that are currently unemployed and had just finished school and have very brilliant business ideas will be supported by their various states. Addressing newsmen in Umuahia, on […]
The Permanent Secretary of Federal Ministry of Industry, Trade and Investment, Mr. Edet Akpan has stated that the Ministry will prioritize settlement of all outstanding allowances of staff including repatriations, death benefits and others despite paucity of funds. This was contained in a statement signed by Josephine Ademu, Head, Press Unit of the Ministry on […]
Aliko Dangote, President/CEO of Dangote Group, on Wednesday, said his investments in the Lekki Free Trade Zone will earn the Nigeria N8 trillion turn over annually. The Africa richest man who spoke at the opening of the inaugural edition of the Lagos-Kano Economic and Investment Summit held at the Jubilee Chalets in Epe, Lagos, said […]
Understanding of operating mechanism of Collective Investment Schemes and retail investors’ rights in the scheme, may be attributable as some of the reasons retail greater number of retail investors still shun CIS. Pointer to his emerged recently when, at a stakeholders’ meeting, it was disclosed that investment advisers and fund managers, may out of their […]
President Muhammadu Buhari has pledged that the Federal Government will increase investment in the health sector, so that the country can halt the loss of well trained professionals to other lands. Receiving the executive members of Medical and Dental Consultants Association of Nigeria (MDCAN) at State House, Abuja on Thursday, the President appreciated the concern […]
Governor Aminu Waziri Tambuwal has reiterated his administration’s determination to make Sokoto an economic and industrial hub, and a preferred investment destination in the country. He stated this when the Ambassador of the Peoples Republic of China to Nigeria, Mr. Zhou Pingjian, paid him a courtesy visit at Government House, Sokoto. “We are working round […]
Corporate Social Responsibility (CSR), has become one of the standard business practices all over the world. For companies committed to CSR, it means kudos and an enhanced overall reputation – a powerful statement of what they stand for in an often cynical business world- to their unique role. The establishment of a CSR strategy (sometimes […]
The applicants for the 2017 N-Power, the employment scheme of the Federal Government can now start checking their pre-selection status on the portal, www.npower.gov.ng/n-power/check. The N-Power Volunteer Corps is part of the FG’s Social Investment Programmes, SIP, under which it plans to hire 300,000 unemployed graduates in 2017. After a brief silence, N-Power reopened […]
The Vice President Professor Yemi Osinbajo Solicits private sector cooperation in the realization of FG’s clean energy economy initiative. He also solicits the cooperation and support for the clean energy economy efforts as well. He made this request at the 55th anniversary celebration of oil producers’ trade section (opts) of the Lagos Chambers of Commerce […]
As preparations rev up for the maiden Edo State Alaghodaro Investment Summit, small, medium and large-scale companies are jostling for sponsorship slots of the high profile event which will host over 3000 participants. According to the organisers, sponsors may be categorised into Platinum, Gold, Silver and bronze right holders to accommodate the deluge of sponsorship […]
The Federal Ministry of Agriculture and Rural Development has launched the Nigeria Agribusiness Resource Center for Agricultural Investment in Nigeria. Performing the launch in Abuja on Friday, the Minister of Agriculture and Rural Development, Chief Audu Ogbe, represented by the Permanent Secretary in the Ministry, Dr. Bukar Hassan, said: “In line with the economic recovery […]
FBN Holdings Plc has reflected the harsh operating environment challenges in its Q3 2017 unaudited result, which showed mixed performance for the group, while the company thrives to overcome its loss position as at the end of 2016 financial year. This is coming as Babatunde Mimiko has been appointed, Executive Director, FBN General Insurance, while […]
Titus Akhigbe, Benin As more transnational companies, multilateral organisations and several trade missions swell the numbers and ranks of participants in the maiden edition of Alaghodaro Investment Summit, the Governor of Edo State, Mr. Godwin Obaseki, was at the London Stock Exchange on Friday to speak to companies listed on the London bourse about the […]
. Records 16.79% growth in gross earnings Q3’2017 As part of effort in achieving its targeted clean clear balance sheet, Wema Bank Plc, has received the approval of its shareholders towards the attainment of its Scheme of Capital Reorganisation exercise. This is just as the lender continued to show signs of resilience, despite the economic […]