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   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...

Nigeria Expanding Investment Opportunities - Osinbajo     Vice-President Yemi Osinbajo on Tuesday told a cross-section of Norwegian investors that the Nigerian government was expanding opportunities for investments in renewable energy, technology and other sectors of the economy. The VP also defended the closure of Nigerian land borders,...

Foreign Investment Inflows Drop By N28.57bn     Nigeria’s foreign investment inflow was N28.57bn lower than the foreign investment outflows as of the end of the first half of 2019. The Central Bank of Nigeria disclosed in its half- year report on market turnover that this was attributable...

Banking Sector Attracted $1.89bn Investment In Q2, Says NBS   The banking sector of the Nigerian economy attracted a total of $1.89bn in the second quarter of 2019. A report on capital importation released by the National Bureau of Statistics (NBS) showed that the banking sector...

AEDC Meters 19,400 MAP Customers, Okays N400m Investment   The Managing Director of Abuja Electricity Distribution Company (AEDC), Engr. Ernest Mupwaya, said 19,400 customers have been metered since the Meter Asset Provider (MAP) regime began in May 2019 in its franchise area. Speaking at a retreat...