Tag: sector

EKEDC chair demands increased investment in electricity sector
Electricity

EKEDC chair demands increased investment in electricity sector

The Chairman of the Board of Directors of Eko Electricity Distribution Company,  Dr Dere Otubu, has advocated for additional investment in Nigeria’s power sector to satisfy the country’s rising energy demand. According to The PUNCH, Otubu made the plea during a recent discussion hosted by the Nigeria-India Business Council’s trade mission to Nigeria in Abuja. […]

Only four Nigeria states attract foreign investment in Q4 - Report
News

Foreign investment in manufacturing sector falls by 54% – NBS

The latest Capital Importation data from the National Bureau of Statistics shows that foreign investments in Nigeria’s manufacturing sector decreased by $326 million (54%) to $279.5 million in the third quarter of 2023 from $605 million in the second quarter. According to The PUNCH, the report’s further research, despite the large decline, the production sector […]

Nestle, others cost equity market 51bn loss
Business

Higher private sector engagement will boost equity market – Operators

Some capital market participants believe that the 2024 Appropriation Bill’s substantial dependence on the private sector for development projects will fuel a bullish run in the stock market. According to The PUNCH, this was revealed in exclusive interviews as stakeholders make predictions for the coming year. Analysts’ Data Services and Resources, a data and research firm, […]

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