Investment Archives — Page 5 of 10

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 said...

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...

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...