Nigeria Received $8.4bn Investment Announcement Inflows In Q1, 2021       Nigeria received about $8.4b investment announcement inflows in quarter one (Q1) 2021, Executive Secretary of the Nigerian Investment Promotion Commission (NIPC) Yewande Sadiku has said. Sadiku disclosed this during a media briefing with journalists on the highlight...

Manufacturing Sector Leads $8.41bn Investment Announcements In Q1, 2021       The Nigerian Investment Promotion Commission (NIPC) has reported $8.41 billion new investment announcements in Nigeria in the first quarter of 2021 (Q1 2021), with the manufacturing sector attracting 60 percent, reflecting the gradual return of investors’...

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...