More Investments Coming Through PPPs - BPE     The Bureau of Public Enterprises on Monday said it would ensure that more private sector operators invest in critical sectors of the Nigerian economy through public private partnerships(PPPs). Reappointed Director-General of the bureau, Alex Okoh, said this was part...

Road Concession: Fed Govt Expecting N1trn Private Sector Investments         The Federal Government is expecting over N1tn from the private sector for the development and maintenance of the 12 highways that it selected for concession under the Highway Development Management Initiative. It was gathered in Abuja on...

Low Revenues, Poor Investments, Others Threaten Nigeria’s 2021 Growth – W'Bank       The World Bank has said that Nigeria’s growth is expected to resume by 1.1 per cent in 2021 from a contraction of 4.1 per cent in 2020. It also said the global economy would expand...

New Tariff Will Attract Power Sector Investments – NERC       The Nigerian Electricity Regulatory Commission on Tuesday said the recently reviewed service reflective tariff would attract more investments to the power sector. Chairman of the commission, Prof. James Momoh, who said this in Abuja during a working...

Downstream Sector Deregulation Will Boost Investments – NNPC       The deregulation of the downstream sector of the oil and gas industry in Nigeria will increase investment in the refining business and facilitate exponential growth in the nation’s refining capacity. Group Managing Director of the Nigerian National Petroleum...

Foreign Portfolio Investments Drop By N124bn       Investors apathy to Nigerian securities amid foreign exchange control, illiquidity and other macroeconomic risks have affected foreign portfolio investments in the local markets. The investments have dropped by N124.3 billion going by the latest Foreign Portfolio Investment (FPI) Report released...