Category: Investment

Army Commissions Vehicle Manufacturing Company in Kaduna

Tanimu- January 26, 2019

SK Usman, Zaria: The the Chief of Army Staff, Lieutenant General TY Buratai, today, Saturday 26th January 2019, commissioned the newly established Nigerian Army Vehicles ... Read More

AfDB invests $32m in climate fund

admin- January 17, 2019

AfDB The African Development Bank (AfDB) has apprived $32.5 million equity investment in Climate Investor One’s Construction Equity Fund (CEF). The amount was approved by ... Read More

World Bank: US-China trade war damaging global economy

admin- January 9, 2019

World Bank says China-US trade war has grave consequences on global economy Trade war between the world’s two largest economic powers already is inflicting collateral ... Read More

Indimi to Establish 10, 000 Hectares of Farm at Unilorin

Henry Solomon- December 10, 2018

Oriental Energy Resources Ltd., an oil company, is to establish a commercial farm on the land of University of Ilorin. Towards this, Alhaji Muhammadu Indimi, ... Read More

Experts proffer ways to grow insurance sector

admin- November 22, 2018

Mr Ben Ujoatuonu, Managing Director, Universal Insurance Plc, on Thursday said with increased public awareness and prompt settlement of claims by policy holders, Nigeria’s Insurance ... Read More

Zenith Bank drives trading on NSE

admin- November 22, 2018

Zenith International Bank dominated trading activities on the Nigerian Stock Exchange (NSE) accounting for 90.04 per cent of the total volume of shares traded. The ... Read More

Multilateral lenders account for 35% of Africa’s debt

admin- October 18, 2018

Multilateral lenders account for 35 per cent of Africa’s total external debt, 32 per cent by private lenders. China accounts for 20 per cent of ... Read More

2019: FG to invest more on health, education – Minister

admin- October 15, 2018

The Minister of Health Prof. Isaac Adewole has assured Nigerians that the President Muhammadu Buhari’s administration would invest more on health and education in 2019. ... Read More

Footprint to Africa, NACC partner on youth empowerment

admin- October 12, 2018

Footprint to Africa in partnership with Nigerian-American Chamber of Commerce (NACC) are to set up skills acquisition centres to empower youths to stem irregular migration ... Read More

Indonesia to Convert Old Oil Refineries into Biofuel Plants

Henry Solomon- October 9, 2018

Indonesia is looking into the possibility of converting two of the country’s older crude oil refineries into plants, for the production of biofuels, a cabinet ... Read More

Dangote canvasses free trade to deepen Africa’s economy

admin- October 8, 2018

Africa’s leading businessman, Aliko Dangote has called for conscious efforts at deepening African regional market by African investors and governments to aid rapid growth and ... Read More

FG commits N1.7trn to capital investment -Osinbajo

admin- October 8, 2018

Vice president Yemi Osinbajo By Chijioke Okoronkwo Vice President Yemi Osinbajo says the Federal Government has spent N1.7 trillion in capital investment in two budget ... Read More

Insurance stocks top losers’ table in September

admin- October 8, 2018

The recapitalisation exercise recently announced by the National Insurance Commission (NAICOM) took a toll on insurance stocks in September with majority of them recording price ... Read More

Core investors unsettle Nigeria Air

admin- September 27, 2018

Nigeria Air: take-off suspended by Nigerian government The last minute pull out of core investors forced Nigeria to suspend the establishment of a national carrier, ... Read More

Sirika Announces Suspension of National Carrier

Henry Solomon- September 19, 2018

The Minister of State for Aviation, Hadi Sirika has announced the suspension of Nigeria's National Carrier on Wednesday. Sirika, who spoke to newsmen in his ... Read More

East Africa counts share of $60b Chinese fund

admin- September 10, 2018

East African governments have returned from China counting their share of the $60 billion to fund Africa’s mega-infrastructure projects. Rwanda, represented at the Forum on ... Read More

[email protected] Invests N180m in Buni Yadi

Tanimu- September 6, 2018

The Victims Support Fund (VSF) on Thursday, August 30, 2018 inaugurated public structures worth N180m in Buni Yadi, Gujba Local Government, Yobe. Buni Yadi was ... Read More