Investment Archives — Page 7 of 10

October 29, 2021 No Responses

Oil Sector: Upstream Commission Boss Assures Of Increased Investments

The Federal Government is committed to shoring up the nation’s oil production quota and boosting investments in the upstream segment of the oil and gas industry, the Nigerian Upstream Regulatory Commission (NURC) Chief Executive Officer, Gbenga Komolafe has said. In...

October 25, 2021 No Responses

Buhari, Indimi, Dangote, Rabiu, Tinubu, Others For Investment Summit In S/Arabia

By Moses Ebosele, ebosele@hotmail.com — President Muhammadu Buhari will on Monday, October 25, 2021 depart for Riyadh, Saudi Arabia, to participate in the investment conference organised by the Future Investment Initiative Institute. The ...

October 8, 2021 No Responses

NGX Implores Investors On Long-Term Investments

The Nigerian Exchange (NGX) Limited has advised investors to consider long-term investments, for maximum returns from those on listed companies. The Head, Market Surveillance/Investigation, NGX Regulation, Mr Abimbola Babalola, gave the advice at a virtu...

August 10, 2021 No Responses

Sylva Canvasses Increase Digital Technology Investments In Exploration Of Oil, Gas

Minister of State Petroleum Resources Chief Timipre Sylva has called for increased investments in digital technology to boost exploration in the oil and gas sector. Delivering a graduation lecture at the National Defence College (NDC) for Course 29, on M...

August 5, 2021 No Responses

Edo Allocates 57,000 Hectares Of Land To Oil Palm Investors

Edo State Governor, Mr. Godwin Obaseki, on Thursday, disclosed that the State Government has allocated over 57,000 hectares of land to smallholders and large oil palm plantation investors in four Local Government Areas (LGAs) of the state, under the Edo...

August 2, 2021 No Responses

Zenith Bank Boss Canvasses Increased Impact Investing In Africa

Group Managing Director/Chief Executive Officer, Zenith Bank Plc, Mr Ebenezer Onyeagwu, has called for increased impact investing in Africa, to enable the continent to achieve its full potentials. A statement issued on Sunday explained that Onyeag...

July 6, 2021 No Responses

TotalEnergies Explains $60b Investments In Nigeria

Deputy Managing Director, Deep water District. TotalEnergies, Mr Victor Bamidele, on Monday said the company has invested over$60 billion in exploration and other projects in Nigeria. Speaking at the Ongoing Nigeria Oil and Gas (NOG) Conferen...

June 18, 2021 No Responses

FBN Holdings Harps On Critical Role Of Financial Statement To Investment Drives

FBN Holdings (FBNH) Plc on Thursday harped on the importance of financial statements reporting to drive investments in the country. The Chief Finanicial Officer of FBNH, Oyewale Ariyibi, said this at the Capital Market Correspondents Association of Niger...

June 9, 2021 No Responses

Nigeria Seeks More Investment In Coconut Industry

May 27, 2021 No Responses

Dangote Cement Shareholders Okay N272.6b For 2020 Dividend

For the year ended December 31, 2020, shareholders of Dangote Cement Plc on Wednesday approved total dividend of N272.6 billion, amounting to N16 per share. Speaking at the 12th Annual General Meeting (AGM) held virtually in Lagos State, the founder,...

April 27, 2021 No Responses

NIMASA Explains Investment In Three Helicopters, Four Air Vehicles, Deploys 250 Cadets

The Nigerian Maritime Administration and Safety Agency (NIMASA) is to launch new Deep Blue Project (DBP) “in the coming weeks” as part of measures to boost maritime security, safety and shipping development. ...

April 26, 2021 No Responses

TAJBank Declares N845m Profit In 2020

For the year ended December 2020, TAJBank has declared N845million Profit After Tax (PAT) and total assets of N50 billion. In a statement on Sunday, TAJBank explained that result attained within its first year of operation “ highest earning per.....

April 2, 2021 No Responses

UBA Assures Shareholders Of impressive Performance, Explains N7.7tri Assets

United Bank for Africa (UBA) Plc on Thursday assured its shareholders and investors of enhanced returns on investments in the coming months. This, the bank said, followed its establishment of a diversified business model that would ensure impressive performanc...

April 2, 2021 No Responses

MasterCard Invests $100m In Airtel Africa’s Mobile Money

Airtel Africa, a telecommunications and mobile money services company has signed an agreement under which MasterCard will invest $100 million in Airtel Mobile Commerce BV (AMC BV). According to a statement issued by the telco, AMC BV is a wholly...