Investment Archives — Page 4 of 8

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 Road Walk to commemorate...

July 28, 2022 No Responses

Ministry Inaugurates Committee On Oil, Gas Investment Promotion

The Ministry of Petroleum Resources has inaugurated a committee on the Establishment of an Oil and Gas Investment Promotion Office to spur investment in the sector. Mr Kamoru Busari, Director overseeing the Office of the Permanent Secretary said that having...

June 21, 2022 No Responses

Edo Reiterates Support For Oil Palm Investment

The Edo State Governor, Mr. Godwin Obaseki, has said the government’s sustained investment in oil palm cultivation and production will enhance the diversification of the state’s economy from crude oil and support ongoing efforts to engender forest regenera...

June 13, 2022 No Responses

Oil Palm Investment: Edo Seeks Regional Collaboration

Edo State Government has called for regional collaboration to drive investment into sustainable oil palm production in Nigeria as part of strategies to lift Nigeria’s industrialization effort. Managing Director of the Edo State Investment Promotion Off...

May 19, 2022 No Responses

Hyundai To Invest $16.5b In South Korea EV Business

Hyundai Motor Group said on Wednesday it plans to invest a total of 21 trillion won ($16.54 billion) through 2030 for the expansion of its electric vehicle (EV) business in South Korea. The South Korean auto group, which houses Hyundai...

May 10, 2022 No Responses

Nigeria Expo Seeks More Investment In Non-Oil Sector, Sports

The Nigeria International Trade Fair/Expo (NITFE) organisers have called for more investment in the non-oil sector, including sports to fast track the nation’s socio-economic development. Mr Innocent Ogu, President, African Legacy International, Co-organiser...

May 5, 2022 No Responses

Nissan To Invest $700m In Mexico

The Japanese automaker, Nissan Motors said on Wednesday it would invest more than $700 million in Mexico during the next three years to boost its operations in the country. The investment is set to improve the facilities, equipment and automation procedures.....

March 31, 2022 No Responses

Obaseki At Dubai Summit, Seeks Investments In Benin River Port, Enterprise Park, Others

The Edo State Governor, Mr. Godwin Obaseki at this year’s Annual Investment Meeting (AIM) in Dubai, briefed investors with his pitch for investments in the Benin River Port, the Enterprise Park, and the Benin Inland Container Depot/Dry Port, among other...

March 25, 2022 No Responses

Edo Reiterates Support For Oil Palm Investment

The Commissioner for Agriculture and Food Security in Edo, Stephen Idehenre, says the state has attracted about $531.2 million from nine firms in the oil palm sector through the state oil palm programme. Idehenre made this known during the inauguration.....

March 17, 2022 No Responses

Mercedes To Sustain EV Investments Despite Ukraine War

Mercedes-Benz AG won’t cut spending on future electric vehicles even as it copes with supply-chain cost pressures exacerbated by the Russia-Ukraine conflict, the German automaker’s chief executive has said Ola Kaellenius,...

March 5, 2022 No Responses

Qatari Investments In Nigeria To Hit N500b

The Ambassador of the State of Qatar to Nigeria, Dr. Ali Al-Hajri, says his country has stepped up efforts to increase investment in Nigeria with expectations to hit about N500 billion before the year ends. Al-Hajri said this at the...

March 3, 2022 No Responses

Hyundai Motor To Invest $79.2b ln Eight Years

South Korea’s Hyundai Motor said on Wednesday it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10 billion) towards electric vehicle (EV) related businesses. Hyundai Motor, which together...

February 21, 2022 No Responses

Snail Farmers Seek Increased Youth Participation

Some heliculturists in Abuja have called for more youth involvement in snail farming as part of measures to meet local and international demand. The farmers told the News Agency of Nigeria (NAN), on Sunday, that heliculture (snail farming) was a...

February 1, 2022 No Responses

NASS Canvasses Stronger Capital Market Regulation

The Chairman, House Committee on Capital Markets and institutions, Hon. Babangida Ibrahim, has called for strengthening of the regulatory framework of the capital market to attract more investments. Ibrahim made the remarks during a stakeholders meeting ...