Tag: Investment

China Acquires Stake In LNG Project
April 28, 2019 No Responses

China Acquires Stake In LNG Project

Russian gas producer Novatek has entered into agreements with two Chinese companies, allowing them to buy into the Arctic LNG 2 project. China National Oil and Gas Exploration and Development Company (CNODC), a subsidiary of China National Petroleum Corporation (CNPC),...
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Nigeria To Divest 60% Stake In Bank of Agriculture
April 19, 2019 No Responses

Nigeria To Divest 60% Stake In Bank of Agriculture

The Federal Government of Nigeria through the Bureau of Public Enterprises (BPE) has unveiled agenda to restructure the  Bank of Agriculture (BoA). According to the Director General of BPE, Mr. Alex A. Okoh, it has become imperative to restructure the...
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World Bank To Invest $15b In African Human Capital Projects
April 13, 2019 No Responses

World Bank To Invest $15b In African Human Capital Projects

The World Bank has said it will invest 15 billion dollars into human capital projects in Africa by the year 2023. Hafez Ghanem, World Bank Vice President for Africa said this in a statement issued in Nairobi. “The projects are...
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Coca-Cola Acquires Chi Limited
January 31, 2019 No Responses

Coca-Cola Acquires Chi Limited

Cola-Cola has completed the acquisition of Chi Limited. In a statement on Wednesday, Coca-Cola explained that it has extended its minority investment in the company to full ownership. In 2016, the company acquired a 40% minority stake in Chi and...
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SEC Nigeria: We Won’t Prosecute Multiple Accounts Holders
December 24, 2018 No Responses

SEC Nigeria: We Won’t Prosecute Multiple Accounts Holders

Nigerians have once again been enjoined not to entertain any fears of prosecution but take steps to regularise their multiple subscription accounts in order to obtain the benefits of their investments in the capital market.  Acting Director General of the...
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Nigeria Targets $22b Foreign Investments In Two Years
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...
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World Investor Week Gets More Support, Explains Awareness, Protection
September 27, 2018 No Responses

World Investor Week Gets More Support, Explains Awareness, Protection

In addition to the Argentine G20 Presidency, various important multilateral institutions have endorsed the second annual World Investor Week (WIW), organized by the International Organization of Securities Commissions (IOSCO) to raise awareness of the importan...
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Rivers, Bayelsa, Lagos Top Investment Destination In First Six Months Of 2018
September 22, 2018 No Responses

Rivers, Bayelsa, Lagos Top Investment Destination In First Six Months Of 2018

For the first six months of 2018, three states comprising of Rivers, Bayelsa and Lagos State   top list of foreign investment destination in Nigeria.    A report put together by the Nigeria Investment Promotion Commission (NIPC) explained that Rivers State...
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Financial Experts Meet On Global Cyber Resilience
September 15, 2018 No Responses

Financial Experts Meet On Global Cyber Resilience

Key global and regional payment, clearing and settlement operators met at a roundtable in Paris on Friday to discuss cyber security and the resilience of financial market infrastructures (FMIs) and the wider market ecosystem.  Senior executives, together with...
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Buhari Assures Dutch Firms Of Returns On Investments
July 17, 2018 No Responses

Buhari Assures Dutch Firms Of Returns On Investments

President Muhammadu Buhari has assured Dutch companies that their investments will be safe, and yield fruitful returns.  Mr Femi Adesina, the President’s Special Adviser on Media and Publicity in a statement in Abuja on Monday, said Buhari gave the assuranc...
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European Bank To Invest €700m In Nigeria
June 27, 2018 No Responses

European Bank To Invest €700m In Nigeria

The Regional Representative for West Africa of European Investment Bank (EIB), Ms Isabelle Grunderbeeck, has disclosed that the  bank plans to invest 700 million euros in some identified projects in Nigeria.  Grunderbeeck disclosed this at the bank’s inter...
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Sixty-One Equities Depreciates In Price As Investors’ Stake Drops By N416B In One Week
May 27, 2018 No Responses

Sixty-One Equities Depreciates In Price As Investors’ Stake Drops By N416B In One Week

For the trading week ended May 25, 2018, Sixty-One equities on the floor of Nigeria Stock Exchange (NSE) depreciated in price, higher than fifty-four (54) of the previous week, while ninety-four (94) others remained unchanged lower than ninety-five (95) record...
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Minister: Nigeria Records $83b Investment Commitment In 15 Months
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...
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John Deere Unveils Agenda For Assembly Plant In Nigeria, Targets 10,000 Tractors
May 2, 2018 No Responses

John Deere Unveils Agenda For Assembly Plant In Nigeria, Targets 10,000 Tractors

A tractor manufacturing company, John Deer, has unfolded agenda for an assembly plant in Nigeria.    According to the company, the Assembly Plant is expected to generate jobs and produce 10,000 tractors in four years.   The company unveiled the...
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