Nigeria has recorded a commercial transaction of raw gold sales at the London Bullion Market Association, the Minister of Solid Minerals Development, Dele Alake disclosed on Sunday. He said the sales have delivered a $5m increase in Nigeria’s foreign reserves, 70 plus kilograms of gold refined to the London Bullion Market Good Delivery Standard and successful aggregation of locally mined …

President Bola Tinubu has assured the international business community that Nigeria is ready for serious business as his administration will deal decisively with any and all entrenched interests in the country who undermine investor confidence in the Nigerian economy, pledging to remove all bottlenecks standing in the way of profitable and legitimate enterprise. At the Nigeria-Qatar Business and Investment Forum …

President Bola Ahmed Tinubu, and Emir of the State of Qatar, Sheikh Tamim bin Hamad Al Thani, on Sunday in Doha, witnessed the signing of historic agreements between both nations, opening a gateway for leveraging the potential of mutual cooperation in pivotal sectors of education, enterprise development, investment promotion, youth empowerment, mining, tourism, and sports. Before the signing ceremony at …

Lagos Governor, Mr. Babajide Sanwo-Olu has reiterated his administration’s commitment to providing a friendly environment for investors, particularly multinationals from the United States and Africa, to invest in the State. He said Lagos is open and ready for investments and therefore urged foreign and local investors to see the State as an investment attractive destination, noting that his administration is …

Ekiti State Governor, Mr. Biodun Oyebanji, and his predecessor, Dr. Kayode Fayemi have commended Cavista Holdings for its unwavering dedication to fostering investment and economic growth within the state. Former Ekiti State governor, Dr. Kayode Fayemi, Speaker of Ekiti State House of Assembly, and other dignitaries, Cavista Holdings, the parent company of Agbeyewa Farms Limited and Glocient Hospitality, received the …

Oyo State Governor, Engr. Seyi Makinde, on Friday, identified the state landmass as a goldmine for investors, making the state competitive with surrounding states, especially Lagos State. He made this disclosure while unveiling a new radio station, Entrepreneur Radio, SEAP FM 89.1, Okeho in the Kajola Local Government Area of the state. Makinde, who was represented by the state Commissioner …

The Federal Government, on Saturday, announced the inauguration of 120 housing units and an empowerment centre for farmers in Borno State. It announced this through the National Agricultural Land Development Authority  (NALDA), stating that the move was part of efforts to reduce poverty and boost food production in Nigeria. It said the facilities, located in Dustman Village, Zawiya, Borno State, …

The Ogun State Government has described the recently approved Kajola Dry Port as a game changer in the economy of the state. The state said that when it kickstarted, it would create at least 40,000 jobs for both skilled and unskilled workers. This was just as it assured all stakeholders that their interests had been captured in the project, adding …

Minister of Solid Minerals Development, Dr. Oladele Alake has praised the decision of investors from the United Mexican States to visit Nigeria in search of investment in solid minerals. Welcoming the investors to his office recently, Alake said the administration of President Bola Tinubu has put in place incentives to ease business for investors in the industry. The incentives include …

President Bola Tinubu, on Monday, in Berlin, Germany, told international investors that beyond Nigeria’s natural resources, the people of Nigeria, who are highly educated, highly skilled, and naturally industrious are the primary asset and advantage the country wields over other nations in the global race for new investments. The President spoke at a panel discussion titled, ‘Fostering local value chains …