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 …

In a manner of speaking, the now famous tagline ‘Eko for Show’ associated with Nigeria’s Centre of Excellence, Lagos State, is not a mere platitude after all, judging by the degree of monumental socio-economic development projects that dot the landscape. A first-time visitor to Mile 2, Oshodi, Oyingbo, Abule-Egba, Agege, Iyana-Ipaja, Ipaja Ayobo, Epe, Badagry, and other uptown districts, not …

Ekiti State Governor, Biodun Oyebanji is, without doubt, one of the country’s best performing governors. He works hard, talks less, evades the limelight but his people describe him as an achiever. He was in Dallas, United States of America recently to urge foreign investors to take advantage of the current economic reforms in Nigeria to invest in the country. “This …

The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, said Nigeria needs to continue diversifying to attract investment and boost trade surplus. Okonjo-Iweala stated this while addressing newsmen after a meeting with the Duchess of Sussex, Meghan Markle and other women at the Nigerian Women in Leadership event in Abuja weekend. Nigeria recorded N1.41 trillion trade deficit between …

Highly-rated, independent investment advisory firms have picked Fidelity Bank as an attractive stock with potential to generate high returns for investors. Independent investment research reports by many market pundits reviewed at the weekend showed that Fidelity Bank was assigned “buy” ticker, a recommendation to investors to consider the potential attractive returns of the bank. The research reports were based on …

The Minister of State for Petroleum Resources, Sen. Heineken Lokpobiri, and former Executive Secretary, of the Nigerian Content Development Monitoring Board (NCDMB), Simbi Wabote, yesterday, traded allegations of over $500 million in investments and loans. In his earlier comments, Wabote noted that “My problem as Executive Secretary started with Lokpobiri in December 2023 when he sent one of his undocumented …

The United Kingdom and Nigeria have signed a partnership agreement to promote trade and investment and open new prospects for both countries. The United Kingdom Minister for Business and Trade, Kemi Badenoch signed the Enhanced Trade and Investment Partnership (ETIP) agreement alongside her Nigerian counterpart Nigerian Trade Minister Doris Nkiruka Uzoka-Anite, on Tuesday in Abuja. This was contained in a …

The Kaduna State Government has canvassed for investment and support from the Kingdom of Saudi Arabia. Aat an event to celebrate the 93rd National Day of the Kingdom of Saudi Arabia at The Afficent event centre, in Kano on Saturday, the Deputy Governor, Dr. Hadiza Sabuwa Balarabe thanked the Kingdom of Saudi for the goodwill and continued support to Nigeria, …