NPA Upgrades Harbour Operations to Increase Investment   The Nigerian Ports Authority (NPA) has commenced upgrades to its infrastructure and equipment to improve communications with visiting vessels and reduce vessel turnaround times. Speaking, yesterday, at the commissioning of its Control Tower at the Apapa Port Complex, NPA’s...

German Firms Set to Inject Fresh Investments into Nigeria's Economy German companies have perfected plans to boost activities in Nigeria and other African countries next year. According to a Reuters survey, the German companies hope to capitalise on opportunities in areas such as green hydrogen and...

Nigeria Bans Foreigners From Buying Agricultural Produce From Farmers Nigeria's government prohibits foreigners from purchasing agricultural produce directly from farmers. The government says middlemen exploit farmers by buying cheaply and driving up prices. The Federal Executive Council (FEC) announced the ban on its Twitter account, saying...

CBN Urges FG To Prioritise Investment In Infrastructure   The Central Bank of Nigeria has urged the Federal Government to prioritise investment in infrastructure to improve the country’s business environment and boost economic growth. Mr Godwin Emefiele, the CBN Governor made the call Tuesday night in Abuja...

Nigeria Records $10.1bn Investment Announcement   The Federal Government at the weekend said the economy recorded $10.1billiom investment announcement in the first half of this year. The Minister of Trade and Industry, Otunba Adeniyi Adebayo, who spoke at Lagos International Trade Fair, held at the Tafawa Balewa...

Nigeria Needs $3bn Investment In Refinery     To meet the growing demand of her 17.3 million Metric tons of petroleum products, Nigeria needs to invest about $3.09 billion in refinery projects. The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, who disclosed this at the...