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Tag: foreign investment

Lagos Tops Africa’s Investment Destination For Digital Infrastructure

Lagos State
Technology experts who spoke at a virtual conference on the impact of growing investment in data centres in Africa have recognised Lagos State as the highest investment destination for digitalRead More

Nigerian Governors In Dubai For Investment Drive

Ekiti State Governor, Dr. Kayode Fayemi
Fourteen Nigerian governors have arrived Dubai, United Arab Emirates (UAE) for an Annual Investment Meeting, starting tomorrow, March 29. The gathering is expected to witness a highly engaging interaction, whichRead More

FG Constitutes EFCC Board, Warns Against Corrupt Practices

Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha
The federal government has warned the reconstituted governing board of the Economic and Financial Crimes Commission (EFCC) against being involved in corruption. The Secretary to the Government of the FederationRead More

Buhari: Nigeria Is Africa’s Most Viable Investment Destination

President Muhammadu Buhari in Dubai
Investors commit N412bn to 35 Nigerian startups in 10 months President Muhammadu Buhari has declared that Nigeria remains the most viable and attractive investment destination in Africa. Buhari also saidRead More

W’Bank: FG, States Won’t Be Able To Pay Salaries In 2022 If Fuel Subsidy Is Retained

World Bank
Kyari: NNPC may start invoicing the federation to maintain subsidy Finance Minister reveals plan to introduce transport grant for vulnerable Nigerians El-Rufai: Despite oil prices rising globally, there is noRead More

Osinbajo: Coca-Cola’s Planned $1bn Investment Will Positively Impact Nigeria’s Economy

Vice President, Prof. Yemi Osinbajo at the 70th anniversary gala of the Nigerian Bottling Company (NBC)
The Vice President, Prof. Yemi Osinbajo has said the plan by the multinational beverage company, Coca-Cola, to invest $1 billion in Nigeria in the next five years testifies to theRead More

Buhari: We Won’t Preempt States Over Decisions On #EndSARS

President Muhammadu Buhari with United States Secretary of State, Antony Blinken,in Abuja
US seeks proper accountability of findings Govt’s lawyer disputes panel’s leaked report, doubts casualty figures Identifies 40 discrepancies in document, N800m spent on panel’s 13 months sitting President Muhammadu Buhari,Read More

Report: Nigeria Is Africa’s Third Most Attractive Destination For Foreign Investment

Nigeria
The Absa Africa Financial Markets Index 2021 (AAFMI) has ranked Nigeria as the third most attractive country in Africa for foreign investment. The AAFMI surveyed 23 countries in Africa andRead More

Onyeama: Qatar To Invest $5bn In Nigeria

Minister of Foreign Affairs, Geoffrey Onyeama.
Defends ambassadorial appointments The oil-rich state of Qatar is to invest $5 billion in the Nigerian economy, the Foreign Affairs Minister, Chief Geoffrey Onyeama, has said. Onyeama, at a farewellRead More