Tag: foreign direct investment

Investment

Nigeria, Czech Republic fund tech research with N9bn

The Governments of Nigeria and Czech Republic have committed N9billion naira direct intervention fund to boost tech research and development.   The Chairman Presidential Implementation Committee on Technology Transfer Between Nigeria & Czech Republic, Dr. Mohammed Dahiru, on Wednesday, disclosed that 25 companies who scaled evaluation process of the assessment committee criteria will receive funding […]

World Bank punishes Nigerian firms, individuals for corruption
Economy

Nigeria has low ability to attract investment- World Bank

The World Bank has revealed that Nigeria has a low ability to attract both domestic and foreign investment as the nation’s economic outlook is uncertain. As obtained in a draft report for State Action on Business Enabling Reforms, which is available on its website, the Washington-based bank stated noted that the condition of welfare in Nigeria […]

Economy

UK FDI deals to yield $300m for Nigeria

The United Kingdom and Nigeria on Tuesday held trade and investment talks at the Economic and Development Forum in London, to promote trade and boost a partnership worth over £3bnn. At the forum, both countries marked increased support for small and medium-sized enterprises in Nigeria including the UK Manufacturing Africa programme, which has helped 12 […]