Investment Archives — Page 8 of 9

December 18, 2019 No Responses

CBN To Sanction Oil Palm Investment Saboteurs

The Central Bank of Nigeria (CBN) on Tuesday threatened to suspend the account of any person hiding under the ECOWAS Trade Liberalisation Scheme to sabotage the federal government’s investment in reviving the palm oil sector. The Governor of the Bank,...

October 28, 2019 No Responses

Nigeria Seeks Future Investments In Riyadh

President Muhammadu Buhari will depart Abuja Monday for Riyadh, the Kingdom of Saudi Arabia, to attend the third edition of the Future Investment Initiative (FII) organised by Saudi’s Public Investment Fund (PIF). The three-day event will be held under the.....

October 16, 2019 No Responses

Nigeria To Explore More Investment Opportunities In UAE

The Minister of Industry, Trade and Investment, Mr Richard Adebayo, has said that Nigeria would explore more investment opportunities in the United Arabic Emirate (UAE). According to a statement signed by Mr Julius Toba-Jegede, Special Assistant (Media) to the...

October 10, 2019 No Responses

Obasanjo Urges DR Congo To Invest In Agriculture

Former Nigerian President, Chief Olusegun Obasanjo has called on the Democratic Republic of Congo (DRC) to invest in agriculture and particularly cassava, soybean, cowpea and plantain to help Africa cut down annual food imports that is estimated at $50billion....

September 6, 2019 No Responses

Bank Unveils $500m Facility For Nigerian Manufacturers

The African Export-Import Bank (AFREXIMBANK) has pledged to allocate $500 million from its Nigeria-Africa Trade and Investment Promotion Programme to support Nigerian manufacturers. The bank’s President, Benedict Oramah, announced in Lagos that the facility ...

August 31, 2019 No Responses

Buhari Welcomes Investments From Japan Bank, Toyota

President Muhammadu Buhari Friday held investment talks with top officials of Japan Bank for International Cooperation, and Toyota Group, at the margins of the Seventh Tokyo International Conference on African Development (TICAD 7), holding in Yokohama, Japan....

August 14, 2019 No Responses

Shell Explains Investment In Corvus Energy

Shell Ventures, the corporate venture capital arm of Shell, has decided to invest in Corvus Energy, a Canada-based provider of energy storage systems. As explained, the investment will help Corvus Energy expand internationally and further enhance its position ...

July 4, 2019 No Responses

NSE Partners Chapel Hill On Alternative Investment Training

The Nigerian Stock Exchange (NSE), in collaboration with Chapel Hill Denham, on Wednesday organized a training on alternative investments titled “Listed Real Assets: A Teach-In on Alternative Investments”. The training covered core concepts of alter...

May 24, 2019 No Responses

SIP Gulps N470.8b In Three Years

The Special Adviser to the President on Social Investment, Maryam Uwais, said N470.8 billion was released from 2016 to 2018 for the delivery of its Social Investment Programmes (SIP) across the country. The four-broad programmes are the N-Power, Conditional Ca...

April 28, 2019 No Responses

China Acquires Stake In LNG Project

Russian gas producer Novatek has entered into agreements with two Chinese companies, allowing them to buy into the Arctic LNG 2 project. China National Oil and Gas Exploration and Development Company (CNODC), a subsidiary of China National Petroleum Corporatio...

April 19, 2019 No Responses

Nigeria To Divest 60% Stake In Bank of Agriculture

The Federal Government of Nigeria through the Bureau of Public Enterprises (BPE) has unveiled agenda to restructure the Bank of Agriculture (BoA). According to the Director General of BPE, Mr. Alex A. Okoh, it has become imperative to restructure the...

April 13, 2019 No Responses

World Bank To Invest $15b In African Human Capital Projects

The World Bank has said it will invest 15 billion dollars into human capital projects in Africa by the year 2023. Hafez Ghanem, World Bank Vice President for Africa said this in a statement issued in Nairobi. “The projects are...

January 31, 2019 No Responses

Coca-Cola Acquires Chi Limited

Cola-Cola has completed the acquisition of Chi Limited. In a statement on Wednesday, Coca-Cola explained that it has extended its minority investment in the company to full ownership. In 2016, the company acquired a 40% minority stake in Chi and...

December 24, 2018 No Responses

SEC Nigeria: We Won’t Prosecute Multiple Accounts Holders

Nigerians have once again been enjoined not to entertain any fears of prosecution but take steps to regularise their multiple subscription accounts in order to obtain the benefits of their investments in the capital market. Acting Director General of the...