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 …

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 …

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 …

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 …

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 …

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 …

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 …

The Federal Government has praised British independent energy company, Savannah Energy for its substantial investment in Nigeria’s energy sector, saying that it appreciates what the company is doing, and encourages the company to sustain it, according to a statement by the firm’s Communications Manager, Mr. Okwudili Onyia. During a recent visit to the Uquo Gas Central Processing Facility in Akwa …

The Director General of Manufacturers Association of Nigeria (MAN), Mr. Segun Ajayi-Kadir has acknowledged the potency of the Accelerated Stabilisation and Advancement Plan (ASAP) of the Bola Tinubu administration, saying that it epitomises the end product of a collective thinking of the government and relevant stakeholders in the private sector. He commended the President for tasking the Economic Management Team …

Lagos State Governor, Mr.  Babajide Sanwo-Olu will this morning (Wednesday 23 July 2024) host a carefully selected cast of over 200 investors from around the world at the Pre-Summit Investors’ Roundtable in anticipation of the third Africa Social Impact Summit (ASIS 3.0). The event, scheduled to start from 10 am at the Eko Convention Centre, Eko Hotel & Suites in …