The Consulate of the Federal Republic of Nigeria in China, Mr. Wale Oloko has said that the Nigeria government was focusing more on improving and expanding infrastructure, as well as transforming Nigeria from a consuming to a producing nation through her Economic Recovery and Growth Plan (ERGP). Oloko said this at a meeting in respect […]
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chairman of Dangote Sugar Refinery, DSR Plc, Alhaji Aliko Dangote, has said that the company will invest up to N106 billion in the next four years to bolster its operations. Dangote made the disclosure yesterday at the company’s 11th Annual General Meeting, AGM, in Lagos, saying that about N101 billion has been committed to date […]
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In furtherance of its economic policy, the Belt and Road Initiative, The People’s Republic of China has invested $22 billion in some projects in Nigeria, with another $23 billion on-going investment. Consul-General, Chao Xiaoliang disclosed this to newsmen, at the Chinese Lagos Consulate, yesterday. “Although, under the world sluggish economy, we witnessed the downward of […]
Read More The Federal Government is targeting an investment inflow of N14.67tn into the economy before the end of the 2017 fiscal period, figures obtained from the Ministry of Budget and National Planning have revealed. The proposed investment inflow of N14.67tn when compared with a total Investment of N13.6tn for 2016 represents an increase of N1.07tn. A […]
Read More Investing isn’t just for the rich. It is true that if you have lots of cash, you’ll have lots of options on where to put it. But if you are just getting started and have just a minimal amount of money to work with — anywhere from $5 to $1,000 — you may have more […]
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The Economic and Financial Crimes Commission has arrested one ThankGod Echem, a fake lawyer, for defrauding his client of seven million naira in Port Harcourt. A statement by Mr Wilson Uwujaren, the commission’s Head of Media and Publicity, in Abuja said on Monday that Echem, who confessed to being a school certificate holder, was arrested […]
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President Muhammadu Buhari has expressed satisfaction with the outcome of his working visit to China, which has yielded additional investments in Nigeria exceeding $6 billion, The Nation report. He believed that the several agreements concluded with the Chinese during the visit will have a huge and positive impact on key sectors of the Nigerian economy, […]
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UBA CHAIRMAN TONY O. ELUMELU PLEDGES INVESTMENT IN EASTERN NIGERIA ……….Calls For Regional Approach To Development Lagos, Nigeria, 13 April 2016 – During a keynote address at the 1st annual Enugu Investment Summit, Chairman of Heirs Holdings and United Bank for Africa Plc (UBA) Tony O. Elumelu presented a compelling case for a sub-regional approach […]
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[su_dropcap]T[/su_dropcap]he United States will invest more than $600 million in Nigeria this year, Secretary of State John Kerry said yesterday in Washington. He spoke during the opening session of the U.S.- Nigeria Bi-National Commission meeting. The Nigerian delegation was led by Foreign Affairs Minister Geoffrey Onyema, supported by other officials including Nigerian Charge d’Affaires Hakeem Balogun. […]
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The People’s Republic of China has said it will invest $60bn in Nigeria. Chargé d’Affaires of the Chinese Embassy in Nigeria, Mr. Qin Jian, who said this in a statement commemorating the 45th anniversary of its diplomatic activities in Nigeria, described economic cooperation between both countries as fruitful. Qin said China was willing to integrate […]
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In the face of the current challenges facing the Nigeria, President of Dangote Group, Aliko Dangote has urged Nigerians not to be despair but have abiding faith in the ability of the Federal Government to turn the nation’s economic around in no distant future, noting that the current challenges will soon be a thing of […]
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