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Fed Govt Needs $100bn Investment In Roads – IMF

Fed Govt Needs $100bn Investment In Roads – IMF     The International Monetary Fund has said Nigeria needs to invest $100bn in its road network to improve accessibility to all regions. The IMF stated this in its report, titled ‘Nigeria: Technical assistance report – additional spending toward...

Nigeria’s Collective Investment Funds Rise To N1.32trn

Nigeria’s Collective Investment Funds Rise To N1.32trn     Total net asset of collective investment schemes and funds in Nigeria has risen to N1.322 trillion, according to latest records provided by Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC). Latest reports on collective investment schemes (CIS)...

In 2019, Nigeria Attracted $10.2bn Fresh Investment – Report

In 2019, Nigeria Attracted $10.2bn Fresh Investment - Report   Nigeria’s cross-border greenfield capital investment in 2019 grew by 28 per cent to $10.2bn, according to the latest report by FDI Market Intelligence, a research unit of Financial Times. The report released on Thursday described a greenfield...

MTN, Others Plan $4.8bn Investment In Nigeria

MTN, Others Plan $4.8bn Investment In Nigeria   Ten companies are planning to invest the sum of $4.8bn in various sectors of the Nigerian economy, the Nigerian Investment Promotion Commission has said. Highlights of the investment plans are contained in a report released by the NIPC. The report...

AfDB Okays $20m For Nigeria, Others

AfDB Okays $20m For Nigeria, Others   The board of directors of the African Development Bank has approved a $20m investment in the Metier Sustainable Capital International Fund II. The fund channels resources to renewable energy and resource-efficient infrastructure projects in Nigeria and other Sub-Saharan African countries. The...

Fintech Companies Got $400m Investment In 2019 – Emefiele

Fintech Companies Got $400m Investment In 2019 – Emefiele   About $400m has been invested in fintech firms in the country in 2019, according to the Central Bank of Nigeria. The Central Bank Governor, Emefiele, who disclosed this said this development was part of initiatives to drive...