Economy Archives — Page 118 of 128

October 18, 2018 No Responses

Nigeria To Fund Capital Projects With $2.9B Eurobond

The Federal Executive Council (FEC) on Wednesday approved that 2.9 billion dollars in Eurobond be raised to fund capital projects in the 2018 budget. The Minister of Finance, Mrs Zainab Ahmed, made this known when she addressed State House correspondents...

October 12, 2018 No Responses

Nigeria Targets $22b Foreign Investments In Two Years

The Nigeria Government will attract $22 billion private sector investments through the Economic Recovery and Growth Plan (ERGP) “Focused Laboratories” in two years, Budget and National Planning Minister, Senator Udoma Udo Udoma has said. According to th...

October 11, 2018 No Responses

IMF To Nigeria: Increase Non-Oil Revenue

Nigeria should explore ways of increasing revenue outside its traditional base of oil proceeds, the International Monetary Fund (IMF) has said. Speaking during a press briefing at the on-going 2018 IMF/World Bank Meetings in Bali, Indonesia, IMF’s Deputy...

October 10, 2018 No Responses

Tony Elumelu Foundation, GIZ, To Empower Young Entrepreneurs In East, West Africa

The Tony Elumelu Foundation (TEF), Africa’s leading entrepreneurship philanthropy, is partnering with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German Government’s Agency for International Cooperation. GIZ will support the...

August 15, 2018 No Responses

SNEPCo Seeks Diversification Roadmap

The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, has harped on economic diversification as a panacea for job creation and rapid economic growth of Nigeria. He spoke at the just-concluded annual conference and ex...

July 18, 2018 No Responses

NBS Implores Respondents On MSMEs Survey

The Statistician-General of the Federation, Dr Yemi Kale has appealed to all selected respondents to provide information for the ongoing Micro, Small and Medium Enterprises (MSMEs) survey in the country. The survey is being carried out by the National ...

July 7, 2018 No Responses

Tony Elumelu Pledges N500m For Delta Entrepreneurship Scheme

Tony Elumelu Foundation (TEF) Founder and Chairman of United Bank for Africa (UBA), Tony O. Elumelu, CON has pledged N500 million to create an entrepreneurship programme exclusive to indigenes of Delta State. He made the pledge after presenting 50 beneficiar...

May 23, 2018 No Responses

Minister: Nigeria Records $83b Investment Commitment In 15 Months

Nigeria recorded a total investment commitment of 83 billion dollars between January 2017 and March, Mr Okechukwu Enelamah, the Minister of Industry, Trade and Investment, said. Enelamah spoke in Abuja on Tuesday at the opening session of the Direct Investor...

May 23, 2018 No Responses

Nigeria Invests $10b In Infrastructure In Three Years

The Vice-President, Prof. Yemi Osinbajo, says the Federal Government has invested close to 10 billion dollars in infrastructure development in the last three years. He said the investment which focused on roads, power and a new national rail network,...

May 21, 2018 No Responses

‘APM Terminals Contributes N186b Annually To Nigeria’s Economy’

An impact assessment study conducted by a Denmark-based consulting firm, Quantifying Business Impacts on Society (QBIS) has revealed that the operation of leading global port operating company, APM Terminals in Nigeria created a total turnover of around USD610...