Tag: Akeredolu, deep seaport project, investment, Ondo
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
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
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...
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....
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
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 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
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 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...
Nigeria, Russia to strengthen bilateral trade, investment ties
Nigeria has promised to strengthen bilateral trade and investment ties with Russia. Nigerian Ambassador to the Russian Federation with concurrent accreditation to the...
