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Investments Drying Up Over Delay In PIB Passage ― Experts

Investments Drying Up Over Delay In PIB Passage ― Experts   Nigeria would continue to be faced with severe cases of capital flight and paucity of new investments in its oil and gas sector if it continues to delay in passing the Petroleum Industry Bill (PIB)...

Investment Commitment Dipped By $10.9bn – NIPC

Investment Commitment Dipped By $10.9bn – NIPC     The total investment commitment by investors in Nigeria between January and June 2020 is $5.06bn, the Nigerian Investment Promotion Commission has said. It, however, stated that this was 67 per cent ($10.9bn) less than the value recorded in the...

N10bn Investment To Reduce Petrol Import, Create 1,500 Jobs

N10bn Investment To Reduce Petrol Import, Create 1,500 Jobs   Nigerian Content Development and Monitoring Board (NCDMB), and some private investors may reduce unemployment in Nigeria by 1,500, and limit the importation of Premium Motor Spirit (PMS) also called petrol through a new investment worth N10...

IGR: Investment Experts Seek Review Of Tax Collection Initiative

IGR: Investment Experts Seek Review Of Tax Collection Initiative     On the backdrop of fall in Internally Generated Revenue (IGR) across the 36 states of the federation, investment experts at FBNQuest, the investment banking arm of First Bank of Nigeria Limited, have called for a review...

In Ten Year, Nigeria Attracted $8bn PPP Project Investments – ICRC

In Ten Year, Nigeria Attracted $8bn PPP Project Investments – ICRC     Public Private Partnerships (PPP) projects have attracted about $8bn (about N2.8trn) to Nigeria in the past ten years, the Director-General, Infrastructure Concession and Regulatory Commission (ICRC), Mr. Chidi Izuwah) has said. Mr. Izuwah disclosed this...

FG Hopeful Of $5.7bn Investment From Marginal Fields

FG Hopeful Of $5.7bn Investment From Marginal Fields     If the Federal Government succeeds with its on-going bid rounds for the 57 marginal oilfields being offered to investors, it might be able to attract about $5.7billion into the economy. Although the Department of Petroleum Resources (DPR) did...