Tag: Investment

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...

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...

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...

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...

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...

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...

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 ...

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...

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...

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...

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...

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...

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...