FOREX: Turnover In I&E Rises By 132% To $2.6bn       The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the Nigerian foreign exchange (forex) market rose sharply by 132 per cent month-on-month (MoM) to $2.6 billion in May, 2021 from $1.12...

Amid Global Downturn, Nigeria Attracted $2.6bn FDI In 2020       Global foreign direct investment (FDI) collapsed in 2020, falling 42% from $1.5 trillion in 2019 to an estimated $859 billion, according to the latest UNCTAD Investment Trends Monitor, with Nigeria earning $2.6billion of the global volume. According...

Nigeria Attracted $2.6bn FDI In 2020 Amid Global Downturn - UNCTAD       Global foreign direct investment (FDI) collapsed in 2020, falling 42% from $1.5 trillion in 2019 to an estimated $859 billion, according to the latest UNCTAD Investment Trends Monitor, with Nigeria earning $2.6billion of the...

$2.6bn AKK Pipeline 10% Completed - Contractor       About 100 per cent local content is currently deployed for the construction of the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project, the contractor handling the project, Oilserv Limited, has said. The Managing Director, Oilserv, Emeka Okwuosa, also told journalists during a...

China Approves Loan For $2.6bn AKK Gas Pipeline         China has approved and will disburse its 85 per cent loan required to fund the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project, the Federal Government announced on Tuesday. Minister of Finance, Budget and National Planning, Zainab Ahmed, and Group Managing...

ALGON Recovers $2.6bn Unremitted Paris Club Loan Refund     The Association of Local Governments of Nigeria on Thursday said it has recovered its $2.6bn unremitted Paris Club Loan Refund meant for Local Government Councils in the country which was disbursed to the states by the Federal...