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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...

Nigeria, Russia to strengthen bilateral trade, investment ties

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...

Egypt’s non-oil exports rise by 15% in Q1

Egypt eyes $11bn FDI in 2018-19

Egypt’s Planning Minister, Hala al-Saeed, says the North African country plans to attract $11 billion in foreign direct investment in the current 2018-19 fiscal...

Bad roads discouraging investment in haulage business - SIFAX

Bad roads discouraging investment in haulage business – SIFAX

The General Manager of SIFAX Haulage & Logistics, Adewale Adetayo has urged the Federal Government to fix all the major dilapidated roads scattered all round the...

Facility management in Nigeria as a way sustaining investment

Facility management in Nigeria as a way sustaining investment

If we ask Nigerians the meaning of maintenance, it is plausible to expect majority jump into answering the question without a clear understanding. Whilst many may claim...

Lagarde-Christine

Trade war: Lagarde warns against harming trade, investment

IMF Chief, Christine Lagarde, on Thursday said governments must take care, even when there are disagreements, to avoid harming trade and investment which have been key...