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Fed Govt Implementing Reforms To Attract More Investments – DMO

Fed Govt Implementing Reforms To Attract More Investments – DMO   The Debt Management Office has said the Federal Government is implementing several reforms to attract more investments into the country. The Director-General, DMO, Ms Patience Oniha, said this during the third edition of Coronation Merchant Bank’s...

$235bn Investments Lost Over Delay In PIA – Sylva

$235bn Investments Lost Over Delay In PIA – Sylva   The Federal Government on Tuesday said Nigeria lost an estimated $235bn worth of investments in the oil and gas sector for delaying the passage of the Petroleum Industry Bill by about two decades. The Minister of State...

In 7 Years, Sugar Sector Gets N200bn Investments – NSDC

In 7 Years, Sugar Sector Gets N200bn Investments - NSDC   The National Sugar Development Council (NSDC) has said N200 billion investments have been made in the sugar sector on the Backward Integration Programme (BIP) in the last seven years. The programme, a 10-year blueprint designed for...

‘Attracting New Investments Under PIA May Be Difficult’

'Attracting New Investments Under PIA May Be Difficult'       Following the signing of the Petroleum Industry Bill by President Muhammadu Buhari, Fitch Solutions Country Risk & Industry Research has said attracting new oil and gas investment to Nigeria over other destinations is likely to be a...

$50bn Investments Lost In 10yrs Without Oil Sector Law, Says Buhari

$50bn Investments Lost In 10yrs Without Oil Sector Law, Says Buhari       Nigeria lost investments worth at least $50billion due to delayed passage of the Petroleum Industry Bill (PIB) in the last 10 years, President Muhammadu Buhari said yesterday. He spoke at Aso Villa yesterday at a...

Foreign Investors’ Interest In Nigeria Drops By 27.5% In Q1, 2021

Foreign Investors’ Interest In Nigeria Drops By 27.5% In Q1, 2021       Nigeria received about $8.4bn investment announcements as at 4th March 2021, out of which $5.46bn were pledged by foreign investors. The remaining $2.08bn was promised by domestic investors, statistics obtained from the Nigerian Investments...