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Investment (Page 3)

Focus investment in areas of economic strength, Osinbajo tells governors

2021-10-14
By: Gambo Jagindi
On: October 14, 2021
In: NEWS

By Aluta News Oct. 14, 2021 The Vice President, Prof. Yemi Osinbajo, has advised the state governors to focus their investments in areas where they have comparative advantages to boost the internally generated revenues. Osinbajo gave the advice on Thursday at an Ekiti Economic and Investment Summit tagged: “Fountain SummitContinue Reading

Buhari to ExxonMobil: Take advantage of PIA to enhance investment

2021-10-06
By: Gambo Jagindi
On: October 6, 2021
In: NEWS

By Aluta News Oct. 6, 2021 President Muhammadu Buhari has urged operators in the petroleum industry to take advantage of the new Petroleum Industry Act (PIA) to promote their investments in the oil and gas sector. The president made the call at an audience with a team from ExxonMobil CorporationContinue Reading

OGFZA attracts $16.6bn FDI, N255bn local investments into Nigeria’s economy – MD

2021-09-05
By: Gambo Jagindi
On: September 5, 2021
In: Economy & Business

By Aluta News Sept 5, 2021 The Oil and Gas Free Trade Zones Authority (OGFZA) says it has attracted $16.6 billion Foreign Direct Investments (FDIs) into the economy within a 20 year period covering 2001 and 2020. The Managing Director, OGFZA, Mr Okon Umana, disclosed this on Sunday while speakingContinue Reading

G7 devt. finance institutions, others to invest $80bn into African businesses

2021-06-14
By: Gambo Jagindi
On: June 14, 2021
In: Economy & Business

By Aluta News June 14, 2021 The G7 Development Finance Institutions (DFIs) have announced a commitment to invest $80 billion dollars in Africa’s private sector, over the next five years, to support sustainable economic recovery and growth in the continent. A statement on Monday, from the African Development Bank (AfDB),Continue Reading

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