Investment Archives — Page 3 of 8

March 30, 2023 No Responses

Capital Market Gets Major Boost As Senate Passes Investments Bill

The nation’s capital market received a major boost Wednesday as the Senate of the Federal Republic of Nigeria passed into law, the Investments and Securities Bill 2023. The Bill which is expected to aid the functioning of the capital market and...

March 19, 2023 No Responses

Firm Invests $200m In Maritime Leasing Platform

Costamare, Monaco-based owner and provider of containerships and dry bulk vessels for charter, has invested $200 million in Neptune Maritime Leasing Limited, becoming the leading investor in the growth-oriented maritime leasing platform. Neptune Leasing, estab...

March 12, 2023 No Responses

Farmers Task Tinubu On Mechanisation, Foreign Investments

Stakeholders in the agricultural space have urged the President-elect, Sen. Bola Tinubu, to adopt policies and invest in mechanisation and inputs that will boost the nation’s food system. They said this in separate interviews with the News Agency ...

December 3, 2022 No Responses

TotalEnergies To Cut North Sea Investment

French oil giant TotalEnergies has said it will cut North Sea investment by 25% next year after the windfall tax on oil and gas firms in the UK was extended. The company will cut £100m of spending on new wells...

November 28, 2022 No Responses

Dangote Targets 300,000 Fresh Jobs For Nigerians

Africa’s foremost industrialist, Aliko Dangote, is optimistic that the new multibillion Naira investment in the sugar sub-sector would help provide no fewer than 300,000 jobs in Nigeria. A statement from the Corporate Communication Department of the co...

November 7, 2022 No Responses

AfDB Mobilises $31b Investment Interest

The African Development Bank (AfDB), has drawn 31 billion dollars in investment interest from African and global investors. In a statement issued by the Communication and External Relations unit of the AfDB, President of the bank, Dr Akinwumi Adesina sai...

October 29, 2022 No Responses

Naira Weakens Further To Dollar At Investors, Exporters Window

The Naira on Friday exchanged at N444.75 to the dollar at the Investors and Exporters window, a depreciation of 0.06 percent, compared with N444.50 to the dollar it exchanged on Thursday. The open indicative rate closed at N443 to the...

October 26, 2022 No Responses

NLNG Seeks More Investment To Ensure Reliable LPG Supply

Nigeria LNG Limited (NLNG) has called on stakeholders in the domestic Liquified Petroleum Gas (LPG) value chain to invest in the supply of the product to ensure a reliable and steady stream of supply to the market. A statement issued...

October 17, 2022 No Responses

Consider Nigeria Choice Investment Destination, Emefiele Urges Foreign Investors

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged foreign investors to consider Nigeria and other African countries as choice destinations for investment. According to a post on CBN Twitter handle, Emefiele made the call...

October 13, 2022 No Responses

SEC At Gombe Investment Summit, Harps On Opportunities In Capital Market

Investors in Nigeria have been urged to explore the various opportunities available in the capital market in a bid to grow their businesses, create wealth and improve their standards of living. Director General of Securities and Exchange Commission...

October 11, 2022 No Responses

Grimaldi Marks 75th Anniversary, Invest In 12 New Eco-Friendly Vessels

Italian shipping major, Grimaldi Group is celebrating its 75th anniversary with a new round of investments in green vessels and port stake acquisitions. Under the arrangement, Grimaldi has signed a contract for the construction of two car carriers o...

August 5, 2022 No Responses

Buhari Challenges BUA Chairman On Investments, Charity

President Muhammadu Buhari has urged businessman and philanthropist, Abdulsamad Rabi’u, to carry forward his momentum of investments and charitable deeds as he marks his 62nd birthday. Malam Garba Shehu, the president’s spokesman stated that the...

August 4, 2022 No Responses

SEC Warns Against Unregistered Investments Crowdfunding Platforms

The Securities and Exchange Commission (SEC) has again warned investors about the activities of unregistered investment crowdfunding platforms. Crowdfunding is the process of raising funds to finance a project or business from the public through an online ...

July 31, 2022 No Responses

ILO Tasks Nigeria On Investments In Social Protection

The International Labour Organisation ( ILO) on Saturday in Abuja charged the Nigerian government to increase investments in social protection to eliminate child labour. Its Country Director in Nigeria, Ms Vanessa Phala, made the call during a...