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WACT celebrates 20th anniversary, reiterates commitment to deepening investment in Nigeria  

WACT celebrates 20th anniversary, reiterates commitment to deepening investment in Nigeria  

  Nigeria’s leading container terminal, the West Africa Container Terminal (WACT), has restated its commitment to deepening investment in Nigeria, particularly in...

Akeredolu eyes N500bn investment through Ondo deep seaport project

Akeredolu eyes N500bn investment through Ondo deep seaport project

  Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, says the development of a deep seaport project in the State will generate more than N500billion investment...

USAID earmarks $60m West Africa trade, investment hub

USAID earmarks $60m West Africa trade, investment hub

  The U.S. Agency for International Development (USAID) has earmarked $60 million in co-investment grant funds for trade and investment hub activity to promote the...

Investment inflows into Nigeria dropped by $460m in Q3 — NBS

Investment inflows into Nigeria dropped by $460m in Q3 — NBS

  The National Bureau of Statistics (NBS) on Monday said the investment inflows into Nigeria declined by $460 million from $5.82 billion in the second quarter of...

Zainab Ahmed

Finance Minister: Nigeria has highest returns on investment in Africa

  Despite economic slowdown, Nigeria still guarantees highest return on investment, the Minister of Finance, Budget & National Planning, Zainab Ahmed has said....

Port of Piraeus

Piraeus port investment plan increased to $896m

  China’s Cosco-managed Piraeus Port Authority (PPA) has increased its investment plans to attract more business lifting its original investment budget by some...

Foreign investment into Nigeria plunges by 43%

Foreign direct investment in Nigeria, Africa’s top oil producer, plunged by 43 per cent to $2bn, according to a United Nations report. Reuters reported on...

Boss Mustapha: FG repositioning maritime sector to attract investment 

Boss Mustapha: FG repositioning maritime sector to attract investment 

Secretary to the Government of the Federation (SGF), Boss Mustapha, says the maritime sector has become an attraction for investors, and that the nation was beginning to...

Between Nigeria’s $1.2bn smuggled textiles and China’s $2bn investment 

China, the world’s biggest textile producer and exporter, recently announced its intention to revive Nigeria’s dying textile industry with a $2bn investment. The...

China to increase railway investment by 40% in 2019

China to increase railway investment by 40% in 2019

China Railway Corp on Wednesday said 3,200 kilometres of its planned 6,800 kilometres investment in new railway lines in 2019, will be high-speed rail. This is a 40...

Exxon mulls multi-billion dollar investment at Singapore refinery

Exxon mulls multi-billion dollar investment at Singapore refinery

Oil major, Exxon Mobil Corp, is considering a multi-billion dollar investment at its Singapore refinery, the company’s largest, ahead of new global shipping fuel...

AFDB

AfDB boosts SMEs with $15m investment in Nigeria, others

The African Development Bank (AfDB) on Friday said it has approved $15 million for equity investment in Verod Capital Growth Fund III, a private equity fund for...