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Nigeria Records $10.1bn Investment Announcement

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

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...

Nigeria Needs $2.7bn Investment To Stabilise Petroleum Products Supply — NNPC

Nigeria Needs $2.7bn Investment To Stabilise Petroleum Products Supply — NNPC   The Nigerian National Petroleum Corporation, NNPC, yesterday, predicted that the nation needed about $2.7 billion worth of investment to enable it meet the rising demand for petroleum products. In his keynote address at the 15th...

CBN Says Nigeria’s Payment System Attracted $500m Investments In Five Years

CBN Says Nigeria’s Payment System Attracted $500m Investments In Five Years   The Central Bank of Nigeria has said the country’s payment system attracted about $500m worth of investments between 2015 and 2020. The Central Bank Governor, Godwin Emefiele, disclosed this on Wednesday while speaking on the...

Climate Change: W/Bank Plans $5bn Investment In Africa

Climate Change: W/Bank Plans $5bn Investment In Africa         The World Bank plans to invest over $5bn over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote livelihoods across 11 African countries on a swathe of land stretching from Senegal to...

Insurers Pooled N938bn Investment Revenue

Insurers Pooled N938bn Investment Revenue       Despite the challenging operating environment in the country, insurance companies have recorded growth in investment income which has hit N938 billion. Economic Confidential finding showed that the life segment made over 60 per cent of the income as they have lots...