President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that would attract more foreign direct investments. The President made the commitment on Thursday in Abuja, as the Coca-Cola Company announced plans to accelerate its investments in Nigeria to 1 billion...
investment
BY ANKELI EMMANUEL, Sokoto- The Chief Executive Officer and Managing Director (CEO/MD) of Davkem Restaurant, Mr David Agbonyin has described Sokoto State as an investment destination with unimaginable peace. Agbonyin, who spoke Saturday during the official opening ceremony of Davkem Restaurant, event center, Bakery and Play Ground, said Sokoto...
Rivers State Governor, Siminalayi Fubara, has said the state investment promotion agency will be a melting point for investment related activities in the state. Governor Fubara told newsmen in Port Harcourt on Tuesday that the executive order establishing the agency was an outcome of the state economic submit....
The Director-General of West Africa Region, African Development Bank (AfDB), Lamin Barrow, has said the banks’s cumulative financing approvals in Nigeria stands at 10.9 billion dollars. Barrow said this at the Second Interactive Session and Workshop on Developing Bankable Business Proposals/Business Plans for Youths in Agriculture on Monday...
President Bola Tinubu on Friday said the Federal Government would ensure that investments in key sectors of the economy followed clear timelines and must impact the lives of citizens. President Tinubu, who received the management of the Aluminium Smelter Company of Nigeria (ALSCON), led by the Chairman,...
President Bola Tinubu has said the entertainment industry deserves more attention and recognition as it rekindles history and equips the younger generation with the knowledge of past events. The President, who spoke at a stage production held in honour of his late mother, Hajiya Abibatu Mogaji, said...
Minister of State, Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has called for more investments in the oil and gas industry to ramp up production and boost foreign exchange earnings. Lokpobiri made the call on Tuesday at the Nigerian Oil and Gas (NOG) Energy Week currently holding in Abuja. The...
The Labour Party (LP) presidential candidate in the 2023 general election, Mr Peter Obi, has called for more investment in healthcare to prevent disease outbreaks and improve life expectancy. Obi made the call at the 6th Public Lecture of the Board of Fellows, Pharmaceuticals Society of Nigeria (PSN)...
By CHRISTIANA LOT, Jos – The Plateau State Government has been urged to take immediate action to provide investment incentives, establish industrial clusters, and develop standardized markets and artisan hubs to promote job creation, maintain an organized environment, and drive overall development. Akin Omoware, Head of Component for Business...
By DAVID IORJA, Abuja – President Bola Tinubu, on Tuesday in Abuja, said the three Executive Orders on oil and gas reforms, which he signed, will make Nigeria’s petroleum sector globally competitive. The President made the affirmation during a meeting with a delegation from ExxonMobil Upstream Company,...
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...
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...