NGX: Foreign Firms Raise Stake To N71.4bn   The total foreign transactions on the Nigerian Exchange Limited (NGX) jumped by 113.94 per cent to N71.37bn (about $75.76m) in November compared to N33.36bn a month earlier. This was revealed in the latest Domestic and Foreign Portfolio Investment Report...

Foreign Firms Eyeing Nigerian Airports, FG Demands Proposals   The Federal Government has said it will send requests for proposals to qualified bidders for the concession of Nigeria’s four major international airports after assessing the requests for qualification. It also said the preceding stage – request for...

FG Bars Foreign Firms From Contracts Below N5bn       The Federal Government on Tuesday declared that contracts not above N5bn would no longer be awarded to any foreign firms in the country. It said the decision was part of a way of patronising the indigenous firms in...

Nigeria’s Growing Insurance Capital Attracts Foreign Firms Higher capital requirements for insurers in Nigeria are set to provoke a wave of consolidation, with foreign players in the driver’s seat. Analysts believe that, consolidation will most likely help the new rules to work. The National Insurance Commission...