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3 New Articles
  • 13 minutes ago Real Madrid, Man Utd top list of world’s most valuable football clubs – Forbes
  • 33 minutes ago Tinubu mourns Kano sports contingent death, orders national emergency response to Mokwa flood
  • 45 minutes ago Achi launches free readiness assessment tool, maturity framework to accelerate Africa’s AI adoption
Home Tag Archives: Investment

Tag Archives: Investment

Investment

Tinubu’s issues directive to lower oil production cost, attract new investments

By Breezynews
2 days ago
in :  Investment
0
7

President Bola Tinubu has issued a new Executive Order designed to lower project costs, attract investment, and enhance revenues from oil and gas operations. The Upstream Petroleum Operations Cost Efficiency Incentives Order (2025) introduces performance-based tax incentives for upstream operators who deliver verifiable cost savings that meet defined industry benchmarks. In a statement, the Special Adviser to the President on …

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Investment

FG boosts digital economy with $191m FDI, set $2b Fibre Optic Infrastructure for Q4 2025

By Breezynews
2 weeks ago
in :  Investment
0
49

Nigeria’s Communications and Digital Economy sector has witnessed massive growth under President Bola Ahmed Tinubu, attracting $191 million in foreign direct investment (FDI) in Q1 2024 — a ninefold increase from $22 million in Q1 2023. The Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani, disclosed this during an interview for an upcoming State House documentary marking President …

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News

ECOWAS ministers join forces to boost trade, industry, investment cooperation

By Breezynews
2 weeks ago
in :  News
0
2

The 4th joint meeting of ECOWAS ministers of trade and industry has concluded with a strong call for economic diversification, industrial growth and regional collaboration. The Minister of Industry, Trade and Investment, Jumoke Oduwole, at the meeting on Friday in Abuja, said that the collaboration was to address the evolving global trade landscape. The meeting welcomed representatives from 11 ECOWAS …

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Investment

Prioritise developing Eastern region through investment – Soludo tells Igbost

By Breezynews
3 March 2025
in :  Investment, News
0
1

Governor Chukwuma Soludo of Anambra State has called on the Igbo community in Lagos to prioritise the development of their homeland by establishing business hubs and boom towns that will attract foreign capital and stimulate economic growth in the eastern region. Speaking at the “Anambra Homeland Consciousness Initiative” event held in Lagos over the weekend, Governor Soludo emphasized the need …

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News

Tax Reforms will stimulate local, foreign investments – Tinubu

By Breezynews
26 February 2025
in :  News
0
51

The tax reform policies will attract local and foreign investments, President Bola Ahmed Tinubu assured yesterday. He said the reforms are fashioned to simplify tax regulations, offer incentives and ensure a more transparent and predictable fiscal framework. They are tailored to phase out barriers to entry and support business growth, he said. President Tinubu, represented by Minister of State for …

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Investment

5 overlooked investment opportunities for Nigerian women

By Sarah Amana
19 February 2025
in :  Investment
0
45

Nigeria is home to a growing number of financially empowered women who are breaking barriers in entrepreneurship, leadership, and wealth creation. However, despite the increasing awareness of financial literacy, many women still focus on traditional investment options like real estate, fixed deposits, and retail businesses, often overlooking high-growth opportunities that can generate significant wealth. With rising inflation, economic uncertainties, and …

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Investment

Oil licensing rounds: Roadmap to beneficial engagements, investment 

By Akpandem James
29 December 2024
in :  Investment
0
17

A significant shift is taking place in Nigeria’s upstream oil and gas sector where indigenous energy companies are increasingly entering the field and positioning themselves to compete on a larger scale. Local Oil Companies (LOCs) are acquiring assets divested by International Oil Companies (IOCs) while emerging firms are successfully securing blocs in marginal fields and shallow waters. The past year …

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Maritime

Investments only way Nigerian ports can remain competitive – NPA

By Breezynews
6 December 2024
in :  Maritime
0
2

The Managing Director of the Nigerian Ports Authority (NPA), Abubakar Dantsoho, has stated that Nigerian ports can only stay competitive by redoubling their investments. In a statement on Thursday, Dantsoho disclosed this when he undertook an operational and investment tour of the Onne and Rivers Port Complexes. This move according to Dantsoho, was in continuation of his resolve to galvanize …

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Investment

Investment in livestock development to transform tragedy into economic opportunity – Tinubu

By Breezynews
22 November 2024
in :  Investment
0
8

President Bola Tinubu has stated that his administration’s renewed focus in driving international and local investments into livestock sector of the agricultural value-chain will end the crisis of farmer-herder clashes, eradicate hunger and poverty in Nigeria as well as promote economic prosperity. President Tinubu said this Thursday in Rio de Janeiro , Brazil at the signing of a Letter of …

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Energy

For 24-hour electricity, power sector needs $10b investment, says Minister

By Breezynews
14 November 2024
in :  Energy
0
45

The Federal Government said it required $10 billion Public-Private-Partnership (PPP) investment in the power sector, in the next five to 10 years, to achieve 24 hours power supply. Receiving the Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Dr. Jobson Ewalefoh, on a courtesy visit, the Minister of Power, Chief Adebayo Adelabu said that government alone, could not afford the …

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