INVESTMENT

South Africa's Tiger Brands is still interested in investing in Nigeria despite pulling out of a flour milling business it acquired that never turned a profit, local conglomerate UAC said on Friday. UAC's chief executive said its partnership with the food company was paying dividends and in recent conversations the...

Investments into the Lekki Free Trade Zone (LFTZ) an emerging business hub in the Lagos axis of the State has risen to over N100billion in the last 10 years. Chairman of Lekki Free Zone Development Company, Mr. Abiodun Dabiri, who disclosed this at the weekend while giving progress report on...

Governor Seriake Dickson on Monday said the Memorandum of Understanding (MoU) signed between the Bayelsa State Government and the Bank of Industry (BOI) was a part of efforts to raise the N10 billion entrepreneurship development fund to create wealth for small and medium scale entrepreneurs in the state. Dickson, who...

General Electric Co has proposed investing in Nigeria's oil refineries, potentially convening a consortium of companies to improve capacity at the run-down facilities. GE's plan and similar promises from companies like Italy's Eni (ENI.MI) to work with Nigeria to rehabilitate the country's three oil refineries could help the government as...

The global multi-disciplinary professional consulting conglomerate, PwC Nigeria would be facilitating a forum of over 3,000 experts on project development and finance in Calabar. The programme which is the forum of Education Sector Investment Promotion Initiatives (EDU-INVEST) Nigeria has been scheduled for between November 1 and 3 2016. PwC has...

Starting a business in Nigeria, like many other countries, usually comes with many road bumps. It is not just enough to have a brilliant idea that can be built into a mega business; more is required than just a good thought process. More often than not, entrepreneurs would always believe...

  United State’s industrial firm General Electric (GE.N) plans to invest around $150 million in Nigeria by 2017, a senior executive said on Monday. According to Reuters’ report monitored by Business247 News Online, "There are development projects where we are investing," Jay Ireland, Chief Executive of General Electric in Africa...

The Africa Finance Corporation (AFC), a development-finance institution that funds infrastructure on the continent, plans to sell more Eurobonds to support energy-generation and logistics projects. The Lagos, Nigeria-based lender, which has financed projects in 26 African countries, plans to borrow more offshore in its $1.5 billion funding strategy after raising...

Afrinvest (West Africa) Limited,  a wealth advisory firm, is set to unveil the 2016 edition of its annual Nigerian Banking Sector Report on Wednesday, 21st September, 2016 in Lagos.. Managing Director of Afrinvest Mr. Ike Chioke, revealed that this year’s report, which is the 11th edition since its inception in...

  *** To set up processing plant As Delta state seeks to diversify its economy, Governor Ifeanyi Okowa has disclosed that the agricultural sector would engender growth, stimulate the economy and create  employment for the people of the state Speaking when he received on a courtesy call, the management team...