INVESTMENT

Founder of Stanbic IBTC Bank, Atedo Peterside, has revealed cogent reasons investors are running away from Nigeria despite commitment by the President Bola Tinubu-led administration to woo them to partner with the country. This comes shortly after Procter &Gamble (P&G) announced its exit from Nigeria. P&G is the latest of...

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has requested Nokia Networks to increase its investments in Research and Development (R&D) to support the growth of Information and Communication Technology (ICT) in Nigeria. According to a press statement signed and...

President Bola Tinubu, on Monday, told international investors from G20 nations that their monies are safe in Nigeria’s business environment. He reasoned that beyond Nigeria’s natural resources, the people of Nigeria, whom he described as highly educated, highly skilled and naturally industrious, are the primary asset and advantage the country...

The Federal Government has said that the Government of Saudi Arabia pledged to invest in revamping the country’s refineries to get them working and reforming the Central Bank of Nigeria. This was made known in a press statement by the Minister of Information and National Orientation, Mohammed Idris on Friday....

    to address food security in Nigeria, Kenya and Uganda partnership will enhance agricultural productivity and improve food security multiplies storage capacity, develops processing capacity and creates jobs 20 new AFEX warehouses will improve access to markets, facilitate trade and contribute to a potential increase of over 200 per...

  says 283m Africans go to bed daily without food   The African Development Bank (AfDB), Islamic Development Bank (IDB) and the International Fund for Agricultural Development (IFAD) have voted $1 billion to further deliver Special Agro-industrial Processing Zones in 24 states of Nigeria. This is in addition to an...

The Minister of Budget and Economic Planning, Sen. Atiku Bagudu, says Nigeria is a safe haven for foreign investors to take advantage of. The minister said this during a press briefing at the end of the 2023 Nigerian Economic Summit in Abuja on Wednesday. He said, “Nigeria is an investment...

Vice President Kashim Shettima has wooed foreign investors to invest in the country’s agricultural sector, assuring them that Nigeria is ready for business. Shettima made the call on Tuesday in Iowa, United States, while delivering his address titled “Nigeria’s Agribusiness Roadmap for a Prosperous Future” during the 2023 Norman Borlaug...

  Institutional investors from the United States under the Institutional Investor Network have expressed interest in allocating their capital and exploring more direct investment opportunities in the Nigerian capital market. This fact came to the fore at an engagement between Nigerian Exchange Limited (NGX) and a delegation from the United...

  British International Investment (BII), the UK's Development Finance Institution (DFI) and impact investor, has announced a $60 million trade finance facility for Access Bank Plc in Nigeria and five of its pan-African subsidiaries. This will strengthen import and export capabilities amongst local businesses and plug the foreign currency supply...