FG Drums Support for Foreign Investors in Mining

FG Drums Support for Foreign Investors in Mining
 

The Federal Government has declared support for the success of nickel project and other investors in the mining sector as a way of actualising its economic diversification plan. The Minister of Mines and Steel Development, Dr Kayode Fayemi, said this in a statement signed by his Special Assistant on...

Posted on Sep 7, 2017 - Last updated on Sep 7, 2017

UNN, Investors Synergise to Provide Tractors for Farmers 

UNN, Investors Synergise to Provide Tractors for Farmers 
 

By Fred Ezeh The management of the University of Nigeria Nsukka (UNN) and the Higher Institution Tractorisation Initiative (HITI) have agreed to support the economic diversification programmes of the federal government, particularly in the area of agricultural revolution. With the support of the Jap...

Posted on Aug 16, 2017 - Last updated on Aug 16, 2017

Osinbajo Pledges Tax Relief to Investors in Creative Arts

Osinbajo Pledges Tax Relief to Investors in Creative Arts
 

Acting President Yemi Osinbajo has pledged to grant tax relief for willing investors in the creative sector of the economy. The decision, he said, is to boost investor confidence in the industry and grow the Gross Domestic Product (GDP) from 1.42 per cent to five per cent. Prof Osinbajo gave the ass...

Posted on Jul 18, 2017 - Last updated on Jul 18, 2017

Enugu is Open for Business, Governor Ugwuanyi Tells Investors

Enugu is Open for Business, Governor Ugwuanyi Tells Investors
 

Governor Ifeanyi Ugwuanyi of Enugu State has reassured local and foreign investors that the State is ready and open for business for rapid development and socio-economic recovery. Governor Ugwuanyi said his administration will eagerly welcome partners in every sphere of development to ensure that ...

Posted on Jun 25, 2017 - Last updated on Jun 25, 2017

Investors’ Networth In Banks’ Stock Rise By N1.34trn

Investors’ Networth In Banks’ Stock Rise By N1.34trn
 

…As banking index records YTD growth of 43.97% By OLUSHOLA BELLO, Lagos Investors’ net worth in banking stocks on the Nigerian Stock Exchange (NSE) rose by N1.34 trillion as a result of expectation of economic recovery and improvement of macroeconomic fundamentals. The banking stocks total capit...

Posted on Jun 16, 2017 - Last updated on Jun 16, 2017

Nigeria ‘s Market Profitable For Investors – Osinbajo

Nigeria ‘s Market Profitable For Investors – Osinbajo
 

By Jonathan Nda-Isaiah, Lagos Nigeria is one of the most profitable places in the ECOWAS sub-region for business and investment, Acting President Yemi Osinbajo, SAN, has affirmed. Prof. Osinbajo spoke yesterday while meeting the Foreign Minister of Indonesia, Mrs Retno L. P. Marsudi at the President...

Posted on Jun 7, 2017 - Last updated on Jun 7, 2017

Govt. to Partner Private Investors to Boost Tomato Production

Govt. to Partner Private Investors to Boost Tomato Production
 

The Kano State Government says it is ready to partner with private investors to boost tomato production in the state. The state Commissioner of Agriculture and Natural Resources, Alhaji Nasiru Gawuna, said this in an interview with the News Agency of Nigeria (NAN) in Kano on Friday. Gawuna said the ...

Posted on May 19, 2017 - Last updated on May 19, 2017

Investors Scramble for Banks’ Shares

Investors Scramble for Banks’ Shares
 

•Equities rally N157b gain Investors were all out for banking stocks last week as Nigerian equities sustained all-session bullish rally to reach their highest index point in recent period. Benchmark indices at the Nigerian Stock Exchange (NSE) showed week-on-week gain of 1.85 per cent at the equit...

Posted on May 8, 2017 - Last updated on May 8, 2017

Foreign Investors to Get Visa Under 48 hrs

Foreign Investors to Get Visa Under 48 hrs
 

…As Naira firms in black market trading By Isaac Anumihe Following  complaints from business executives over the difficulties they encounter with embassy officials, the Federal Government yesterday launched an online system to enable investors apply for visa online and collect it on arrival 48 ho...

Posted on Mar 24, 2017 - Last updated on Mar 24, 2017

Investors in 10 Banks to Lose N29bn to New Export Fund

Investors in 10 Banks to Lose N29bn to New Export Fund
 

By Emeka Anaeto, Economy Editor INDICATIONS emerged last week that about N30 billion would be pulled out from distributable profits of 10 banks to honour Nigerian Bankers Committees’ (NBC) decision to fund the Central Bank of Nigeria’s, (CBN) export fund in 2017. The figure would be far above th...

Posted on Mar 6, 2017 - Last updated on Mar 6, 2017

Govt, Turkish Investors Partner to Revive Moribund Sokoto Factory

Govt, Turkish Investors Partner to Revive Moribund Sokoto Factory
 

Sokoto State Governor, Alhaji Aminu Waziri Tambuwal Tambuwal By Ese Awhotu Sokoto government said it is partnering with investors from Turkey to revive the moribund state-owned furniture company. At its peak, Sokoto Furniture was one of the largest furniture companies in the North, employing more th...

Posted on Feb 27, 2017 - Last updated on Feb 27, 2017

Lagos Govt Shops for More Global Investors

Lagos Govt Shops for More Global Investors
 

Special Adviser to the Lagos State Governor on Overseas Affairs and Investment, Prof. Ademola Abass, on Wednesday announced the  government’s plan to embark on a global campaign for more foreign investors soon. Abass said, in Lagos, that the state, under its ‘Global Lagos’ project, would soon...

Posted on Feb 22, 2017 - Last updated on Feb 22, 2017

Stock Market Bounces Back, as Investors Gain N33.9bn

Stock Market Bounces Back, as Investors Gain N33.9bn
 

By Nkiruka Nnorom THE persistent losing streak  on the Nigerian Stock Exchange, NSE, was halted, yesterday, as investors gained N33.9 billion propelled by positive activity in Nigerian Breweries Plc, Dangote Cement Plc and Forte Oil Plc. This came as the NSE launched Lagos Chapter of Nigerians in t...

Posted on Feb 16, 2017 - Last updated on Feb 16, 2017

AMCON Seeks Private Investors for Arik Air

AMCON Seeks Private Investors for Arik Air
 

The Asset Management Corporation of Nigeria (AMCON) is shopping for investors for troubled carrier Arik Air. AMCON told the Senate Committee on Banking, Insurance and other Financial Institutions that Nigeria’s biggest airline would have stopped flying within the next three weeks if it did not int...

Posted on Feb 16, 2017 - Last updated on Feb 16, 2017

N’Assembly Approves $1bn Eurobond Sale as Investors Worry Over Oil, Forex Risk

N’Assembly Approves $1bn Eurobond Sale as Investors Worry Over Oil, Forex Risk
 

Nigeria’s parliament has approved the Federal Government’s request to sell a $ 1 billion Eurobond to help the country finance its budget deficit, Senate spokesman said on Wednesday. Following its first recession in 25 years, Nigeria has been desperately looking for money to make up for shortfall...

Posted on Feb 9, 2017 - Last updated on Feb 9, 2017

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