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President of Angola, João Lourenço (Right) and President/CE, Dangote Industries Limited, Aliko Dangote, during an investment meeting of building cement factories, oil block acquisition in Luanda, Angola
Tag: Investment
CNG: Dangote Invests $280m In Trucks, Infrastructure
Dangote Cement Plc has invested over $280million in Compressed Natural Gas (CNG) technology and infrastructure, in line with President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner alternatives for Nigerians, Tinub...
AfDB Unveils $100m Investment Bank For Nigerian Youths
The African Development Bank (AfDB) has approved a Youth Entrepreneurship Investment Bank for Nigeria. AfDB president, Akinwunmi Adesina disclosed this on Friday in Abuja while delivering a keynote address at the 90th Birthday Lecture of former Head...
TotalEnergies Announces Final Investment Decision For New Block
Chairman and Chief Executive Officer of TotalEnergies, Patrick Pouyanné, met on Tuesday in Paramaribo with Chandrikapersad Santokhi, President of the Republic of Suriname, and Annand Jagesar, Chief Executive Officer of Staatsolie, Suriname’s...
Coca-Cola Unveils $1b Investment In Nigeria
President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments. The President made the commitment on Thursday in Abuja, as the Coca-...
Shippers Council Task Operators On Investment In Dockworkers’ Welfare
The Executive Secretary of Nigerian Shippers’ Council (NSC), Barr. Pius Akutah, has encouraged Nigerian seaport terminal operators to prioritize the investment in welfare of dockworkers. Akutah, who was speaking at the 2024 Dockworkers Day organized by S...
ACCESS Holdings Plc Extends Rights Issues Acceptance To August 24
Following the approval of the Securities & Exchange Commission (SEC), Access Holdings Plc has extended the acceptance period for its ongoing Rights Issue to August 23, 2024. It was initially scheduled to close on August 14, 2024. A statement signed...
Gabon Invites Dangote To Invest In Cement, Fertilizer Production
President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon. The President urged Dangote to explore potential investment ...
NGX Unveils Impact Board For Sustainable Instruments
Nigerian Exchange Limited (NGX) has unveiled its Impact Board, a dedicated platform for listing sustainability instruments, following approval from the Securities and Exchange Commission (SEC). This initiative was announced during a Closing Gong Ceremony in La...
Obaseki Harps On Investment In Agriculture
The Edo State Governor, Mr. Godwin Obaseki, has said his government in the last seven and a half years, has prioritized investment in agriculture, boosting the capacity of farmers and creating a market for farm produce as part of efforts...
FCMB-TLG Private Debt Fund Opens For Investment
FCMB Asset Management Limited (FCMBAM), recently, held a signing ceremony for Nigeria’s first Naira denominated Private Debt Fund, the FCMB-TLG Private Debt Fund.The Fund, which has been approved by the Securities and Exchange Commission, is sponsored and ma...
Dana Air CEO Meets Aviation Minister, Hints On Fresh Investment, New Fleet of Aircraft
Dana Air has announced a significant step forward in its journey towards a vibrant resurgence in the aviation sector.The CEO of Dana Air, Jacky Hathiramani disclosed this in Abuja during a crucial meeting with the Honorable Minister of Aviation and...
Reps Query NIPC Over N3.15b Expenditure
The House of Representatives has queried the Nigerian Investment Promotion Commission (NIPC) for recording an expenditure of N3.15 billion, despite submitting a revenue of N2.89 billion in the first quarter of 2024. The law makers issued the query on Thursday....
Nigeria Targets New Visa Application Process
The Federal Government is working to revise the visa application policy in the country in a few weeks to improve accessibility, Minister of Interior, Olubunmi Tunji-Ojo, has said Tunji-Ojo disclosed this at a stakeholders’ consultative meeting regarding Nige...