Tag: investment
AfDB invests N2.91trn in Nigeria, others agric sector
The African Development Bank (AfDB) said it has invested $14.78 billion (N2.91 trillion) in the agriculture sector of its Regional…
Akpabio calls for more investment in A/Ibom
Governor Godswill Akpabio of Akwa Ibom, on Saturday reiterated his call on stakeholders in the industrial sector to invest in…
Daniel accuses Amosun of destroying Ogun state economy
Abiodun Onafuye/Abeokuta Former Ogun state governor, Otunba Gbenga Daniel has continued to pick holes in the programmes of his successor,…
Industrialising Ogun
By Femi Onasanya As Ogun State prepares to host its second Investors Forum between 21st and 22nd May, 2014, I…
Nigeria needs $10bn to boost power supply
Nigeria’s Minister of Power, Prof. Chinedu Nebo, said close to 10 billion dollars about N1.6 trillion investment was needed to…
IFC to invest $1.5 billion in Nigeria
The International Finance Corporation (IFC) on Monday said it would invest 1.5 billion dollars (about N246 billion) to support housing…
Unilever buys majority stake in China water firm
Dutch food and cosmetics giant Unilever said on Sunday it has bought a majority stake in Chinese water purification company…
Dangote Invests N1.5trn In Lagos Petro-Chemical Plant
Kazeem Ugbodaga Africa’s richest man and multi-billionaire, Alhaji Aliko Dangote is investing over N1.5 trillion ($9 billion) to establish the…
GE to invest $350mn in Nigeria’s power sector
General Electric has signed a deal with a Nigerian bank to invest $350 million in Nigeria’s ailing power sector, the…
Jonathan: Nigeria to implement bold economic reforms
A revitalised President Goodluck Jonathan addressed the ongoing meeting of Nigeria’s Honourary International Investors’ Council Friday in London having made…
Air France/KLM gives conditions for Alitalia investment
Air France-KLM has laid out strict conditions for further investment in Italy’s troubled Alitalia airline, including the culling of 5,000…
Meyer: We Have Invested Heavily In Nigeria
Nico Meyer, CEO, MultiChoice Africa, sheds light on the company’s activities in Nigeria How would you assess your operations in…
Ekiti gets N48b foreign investment
Governor Kayode Fayemi of the western Nigerian state of Ekiti said that the state got an inflow of investments worth…
Nigeria’s free trade zones attract $9.4b investment
The Nigeria Export Processing Zones Authority (NEPZA) says it has attracted about 9.4 billion dollars (N1.5 trillion) worth of investment…
S/ African company invests in Nigeria’s E-retail firms
Cape Town based Silvertree Capital (www.silvertree-capital.com), an Africa-focused business builder and venture capital investor, has invested in two of Nigeria’s…
Firm Invests N15bn In Alternative Fuel Technology
Sagas, a division of Borkir Energy Company Limited, a subsidiary of Dangote Group has invested $100 million (about N15 billion)…
Ask Double A
In this edition, we take on yet another question sent in by a reader of this column. In the next…
IFAD Invests $447,000 In C/River Agric Project
Cross River State Government has got $447,000 from the International Fund for Agriculture Development (IFAD) for projects since 2006, the…
GTB Asset becomes Investment One
GTB Asset Management Ltd, hitherto owned by GTB has been rechristened Investment One Financial Services Limited. Its managing director,Mr Nicholas…
Amaechi calls for German investment in Nigeria
Governor Rotimi Amaechi of Rivers State has called on German investors to take advantage of the vast area of land…