In Three Years, Insurance Sector Records N2.83trn Investments   The insurance sector recorded a total investment of N2.83tn between the 2017 and 2019 financial period. Statistics obtained from the National Insurance Commission on Tuesday showed that the total investment rose from N700.79bn and N1.007tn in 2017 and...

Ondo Deep Seaport To Attract N500bn Investments   Succour is on the way for Ondo State as the government declares that the deep seaport project would attract over N500billion investments to the host communities in Ilaje Local Government Area, when completed. Ondo State Governor, Oluwarotimi Akeredolu,...

Nigeria’s Investments On Fixed Assets Hit $39.2bn In Five Years   Nigeria’s Fixed Gross Investments rose by $39.2 billion in five years, from $59.6 billion recorded in 2016 to $98.2 billion in 2020. Fixed Gross Investment records total business spending on fixed assets, such as factories, machinery,...

Petroleum: Ministry Moves To Attract Fresh US Investments   The Ministry of Petroleum Resources is looking to attract more investments from the United States and strengthen cooperation in the energy sector. The Minister of State for Petroleum Resources, Chief Timipre Sylva, was part of the Nigerian delegation...

ECOWAS Records 3.3 % Growth In 2019, Investments Hit $20bn   Despite security challenges experienced by the Economic Community of West African States (ECOWAS), growth within the region hit 3.3 per cent while investments from development agencies like the African Development Bank (AfDB) rose to $20...

Stock Market Attracts N15.5bn Investment In 1.381bn Shares   The stock market attracted N15.504 billion worth of investment staked on 1.381 billion shares in 14,528 deals last week, up from the N14.628 billion invested in 1.044 shares in 14,974 deals the previous week. However, the bears maintained...