By DAVID IORJA, Abuja – President Bola Tinubu, on Tuesday in Abuja, received assurances from Reckitt Benckiser, the global fast-moving consumer goods company, that they will continue to grow their investments in Nigeria. Receiving a delegation from Reckitt Benckiser led by the Chief Executive Officer, Mr. Kris...
investment
Vice President Kashim Shettima on Thursday said that President Bola Tinubu had successfully secured over 20 billion dollars in investment for Nigeria. Shettima said that these investment include 14 billion dollars from India and 250 million dollars from the Netherlands, with commitments of 500 million dollars each for...
By JOHN ONAH, Abuja – As the world commemorates the 2024 World Family Doctors’ Day, the FCT Minister of State, Dr. Mariya Mahmou , has called on Nigerians to adopt a healthy living condition. The Minister also urged Nigerians to collectively invest more in afforestation and discourage deforestation,...
By TYAV SAM TYAV, Makurdi – Benue State Governor, Hyacinth Alia, has said that the state has full of investment opportunities, especially in the area of agriculture Governor Alia disclosed this on Saturday, when he received a Member, House of Lords, United Kingdom, Baroness Sandip Verma, at Government...
President Bola Tinubu has said Nigeria is a safe hub for investments and that his administration would provide the needed support to ensure that businesses thrive in the country. Tinubu gave the assurance when he received a delegation led by the Chairman of the China Railway Construction Corporation...
The Rivers State Commissioner for Information, Mr Joe Johnson, has said that the state government’s massive investments in road projects would help to decongest the Port Harcourt metropolis. Johnson spoke to the News Agency of Nigeria (NAN) in Port Harcourt on Wednesday on Gov. Siminalayi Fubara’s achievements within...
Sen. Ned Nwoko (PDP-Delta) has emphasised the need for increased investment in the health sector to give Nigerians the best healthcare services. He made the call on Monday in Abuja during the launch of an expanded Caroline Medical Centre. Nwoko who is a member, Senate Committee on Primary...
President Bola Tinubu has assured Samsung group and other genuine investors of a conducive business environment in Nigeria’s economic sector. The President said this on Sunday in Riyadh, Saudi Arabia, during a meeting with the President and Chief Executive Officer of Samsung, Hong Namkoong, and the Chairman of...
President Bola Tinubu has secured a 600 million U.S. dollar Danish shipping and logistics company, A.P Moller-Maersk, investment for Nigeria’s seaport infrastructure. This investment is to expand existing port infrastructure to accommodate more container shipping services in Nigerian ports. Chairman of A.P Moller-Maersk, Mr Robert Uggla, disclosed this...
Over the course of the week, investors on the Nigerian Exchange Ltd. (NGX) equities market lost a total of N784 billion, week-on-week. Specifically, the market capitalisation, which opened the week at N56.296 trillion, shed N784 billion or 1.39 per cent to close the week at N55.512 trillion. The...
Senator Sunday Katung (PDP-Kaduna) says he has attracted a 6 million dollar agricultural investment to the Southern Kaduna from a group of U. S investors. Katung, who represent Kaduna South at the National Assembly, said this in Kafanchan during the 2024 National Agricultural Day Celebration organised by the...
President Bola Tinubu has said that Nigeria’s investment climate has been boosted by critical new reforms, with an array of opportunities across sectors for investors. He said this during the presentation of a letter of credence by the Ambassador of the Republic of Korea to Nigeria, Vice-Admiral Kim...
Lagos, the economic heartbeat of Nigeria, pulsates with opportunities for investors seeking vibrant markets and dynamic growth prospects. As Africa’s largest city by population and one of its fastest-growing economies, Lagos offers a compelling and profitable environment for investment across various sectors. 10 crucial insights to consider when...
Imo State House of Assembly on Tuesday, commended Governor Hope Uzodimma for securing 1.5 billion dollars investment to the state, through the African Export, Import Bank (AFREXIM). Mr Obinna Egu (APC-Ngor Okpala) in a motion sponsored at a plenary told the House that the governor had finalised discussions...
The Organisation of the Petroleum Exporting Countries (OPEC) says the oil industry will require about 14 trillion dollars investment from now to 2045, to meet global demand. The Secretary-General of OPEC, Haitham Al-Ghais, made this known while fielding questions from newsmen on Thursday on the sidelines of the...
When it comes to purchasing property, one of the fundamental decisions that prospective buyers must make is whether to opt for a leasehold or full ownership apartment. Each type of ownership has its own set of advantages and drawbacks, catering to different preferences, financial situations, and long-term goals....
The Nigerian Exchange Ltd. on Friday recorded N138 billion growth following continued investors’ buy interest in stocks of Tier-one banks Specifically, the market capitalisation which opened at N55.900 trillion rose by N138 billion or 0.25 per cent to close at N56.038 trillion. Also, the All-Share Index rose by...
Today, we’re delving into the realm of real estate, specifically focusing on how your property portfolio should shape up in 2024. Whether you’re a seasoned investor with a track record spanning five, ten, or just a couple of years, or if you’ve taken your initial steps into investing...
President Bola Tinubu on Thursday held a meeting with the Minister of Steel Development, Prince Shuaibu Audu, and the Minister of Defence, Alhaji Mohammed Badaru, during which he received briefing on investment prospects in the steel sector. The President emphasised that a revitalised steel development industry was both...
By OLA MUDOPE, Lagos – The Chief Executive Officer (CEO) of Nigerian Exchange Limited (NGX), Mr Temi Popoola, has said that the domestic entertainment sector, Nollywood, can help to further boost retail investor activity in the capital market due to its appeal to Nigeria’s younger generation. Popoola...