Nigeria secures $30m Chinese grant for community development
Nigeria and China have signed a grant agreement worth RMB 200 million, approximately $30 million, to support community-focused development projects under the…
Investment
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Otedola reportedly buys Dangote Cement shares again, targets 5% stake
Billionaire investor Femi Otedola has reportedly resumed buying shares of Dangote Cement, according to a report by Nairametrics. The publication said he…
FG targets $7.1bn sugar investment to create 110,000 jobs
The Federal Government is targeting $7.1 billion in investments in the sugar industry over 10 years. The goal is to lift domestic…
Elumelu backs $15bn investment pipeline for W’Africa’s infrastructure deficit
Nigerian billionaire and Chairman of Heirs Holdings, Tony Elumelu, is backing a proposed $15 billion investment pipeline to finance critical infrastructure projects…
Nigeria seeks $78.5bn private capital for 65 projects
Nigeria is looking to raise $78.5bn from private investors for 65 projects spread across key sectors of its economy, as the Federal…
Nigeria woos global investors to Its oil, gas sector
Nigeria has urged international investors to take advantage of its vast oil and gas resources, ongoing industry reforms and strategic access to…
Hamzat urges Africa, private sector to invest in digital infrastructure
Lagos State Deputy Governor, Dr Obafemi Hamzat, has urged African governments and the private sector to increase investment in digital infrastructure, local…
Oyedele, Cardoso pitch $78.5bn investment portfolio to global investors
Nigeria has unveiled 65 investment projects requiring a combined $78.5 billion in capital, as the Federal Government seeks to attract domestic and…
SEC disowns WayvePay, warns Nigerians against investing through platform
The Securities and Exchange Commission has distanced itself from the online investment platform WayvePay and warned Nigerians against investing through the company…
SEC DG proposes investment funds to tackle student hostel shortage
Nigeria’s Securities and Exchange Commission has been urged to back a new approach to funding student housing, with its Director-General, Dr Emomotimi…
Beware of Nigerian detention, US warns investors
The United States Government has warned American investors and business executives that routine business trips to Nigeria could result in detention, particularly…
Dangote breaks ground on $16bn Lamu refinery in Kenya
Africa’s richest man, Aliko Dangote, was set to break ground on a new $16-billion mega-refinery in Kenya on Wednesday, saying it marked…