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Foreign Direct Investment

Godwin Emefiele: Central bank to continue operating managed float exchange rate regime

The Central Bank of Nigeria (CBN) says it will continue to operate a managed float exchange rate regime to reduce the impact of continued volatility in the exchange rate on the economy.

Govt remains biggest spender in Nigerian economy – expert

An expert, former President, Association of National Accountants of Nigeria (ANAN), Mr Samuel Nzekwe, has said the private sector in Nigeria was yet to take its rightful place in the economy because, according to him, government still remained the biggest spender in the economy.

Stakeholders condemn SEC actions against Oando

Following what can now be termed the longest forensic audit in the history of the Nigerian Securities & Exchange Commission (SEC) they published far reaching pronouncements and sanctions against Oando PLC’s principals said to be the outcome of the investigation into the company’s business.
Osinbajo, second right, with Fashola at the site of Niger Delta Bridge

Ex-ANAN chief tasks federal government on infrastructure

A former President of the Association of National Accountants of Nigeria (ANAN), Dr Samuel Nzekwe, has told the Federal Government to intensify efforts in providing critical infrastructure to sustain the flow of Foreign Direct Investment (FDI).
President Muhammadu Buhari says Nigeria has taken the lead with cyber policing in West Africa.

President Buhari: Nigeria leading in cyber policing in West Africa

President Muhammadu Buhari has called on world leaders to come up with proposals to create a digital world that is accessible, inclusive and safe to all.
President Buhari arrives Dubai for the Annual Investment Meeting on 7th April 2019 4

President Buhari challenges world leaders on safe, inclusive digital world

President Muhammadu Buhari has called on world leaders to come up with proposals to create a digital world that is accessible, inclusive and safe to all.
President Buhari arrives Dubai for the Annual Investment Meeting on 7th April 2019 4

President Buhari calls for safe, inclusive digital world

President Muhammadu Buhari has called on world leaders to come up with proposals to create a digital world that is accessible, inclusive and safe to all.

LCCI urges federal government to further liberalise Nigeria’s visa policy

The Lagos Chamber of Commerce and Industry has urged the Federal Government to further liberalise Nigeria’s visa policy to attract more foreign investment to the country.
Uche Sampson Ogah

Uche Ogah: I’m committed to industrial, economic development of Abia

Dr. Uche Ogah, the All Progressives Congress (APC) governorship candidate in Abia State, has said he would reposition the state with massive infrastructurre development and make the state a prime investment hub in the country.
National Bureau of Statistics NBS

NBS: Economy attracted $16.8 billion investment inflow in 2018

The National Bureau of Statistics on Wednesday released the Capital Importation report for 2018 with the economy attracting a total investment of $16.81bn during the period.
Presidential flag bearer of the Peoples Democratic Party and former Vice President, Atiku Abubakar on Thursday met in Abeokuta with former president Olusegun Obasanjo, David Oyedepo, others.

Ex-President Obasanjo: Why I want Atiku Abubakar to be president

Former President Olusegun Obasanjo has pointed out that Atiku Abubakar, the Peoples Democratic Party’s (PDP) presidential candidate, would be a president to all Nigerians and not president to only those who would vote for him.

Federal government is not panicking over oil falling prices

The Minister of Information, Lai Muhammed, yesterday disclosed that the federal government was not panicking despite the drastic fall in oil prices since the second half of 2014.
Passports Malta

EU to stop issuance of ‘golden passports’ for big investors

The European Commission has urged a crackdown on member states handing out “golden passports” and visas to non-EU nationals in exchange for large investments.
Senate President, Dr. Abubakar Bukola Saraki, has said that the Senate on resumption of plenary will further probe the NNPC on diversion of dividends from the Nigerian Liquefied Natural Gas (NLNG).

Senator Saraki: Economy failing because investors know President Buhari not in charge

Nigeria’s Foreign Direct Investment has dropped signficantly because foreign investors know that President Muhammadu Buhari is not in charge and are not encouraged to do business with Nigeria, Senate President Bukola Saraki has said.
Obafemi Hamzat

Femi Hamzat: Next APC administration to tackle infrastructure deficit in Lagos

Dr. Obafemi Hamzat, the All Progressives Congress Deputy Governorship Candidate in Lagos State, has said the party will address the infrastructure deficit in the area, if re-elected into power in 2019.

Foreign portfolio investments brop by N94 billion in Q3

Foreign Portfolio Investors (FPI) withdrew more than N94.4 billion between July and September 2018 from the Nigerian Stock Exchange (NSE), it was learnt.
The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, is to kick-start his campaign for the 2019 presidential election through an address to Nigerians on Facebook on Monday.

Atiku Abubakar: Muhammadu Buhari’s 2019 budget flawed

The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, yesterday picked holes in the 2019 financial estimates presented to the National Assembly last week by President Muhammadu Buhari, saying it was flawed and incapable of enhancing the development of the country.
Vice President Yemi Osinbajo and former Governor of Anambra State, Peter Obi, yesterday disagreed on some policies of the Federal Government, including subsidy, anti-corruption war and the economy.

VP Debate: BMO attacks Peter Obi on lies, wrong figures

The Buhari Media Organisation (BMO) has described the Vice Presidential candidate of the Peoples Democratic Party (PDP), Peter Obi, as a politician with a penchant for cooking up figures and twisting facts

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Lawrence Okolie successfully defended his World Boxing Association (WBA) Continental and British Cruiser-weight title,scoring a seventh round knockout victory over Mariano Angel Gudino Saturday at the O2 Arena in London.

Lawrence Okolie beats Angel Gudino to retain British titles

Lawrence Okolie successfully defended his World Boxing Association (WBA) Continental and British Cruiser-weight title, scoring a seventh round knockout victory over Mariano Angel Gudino on Saturday at the O2 Arena in London.
hacking

Russia’s secret intelligence agency hacks in ‘largest data breach in its history’

Hackers have successfully targeted FSB—Russia’s Federal Security Service and managed to steal 7.5 terabytes of data from a major contractor, exposing secret FSB projects.
Mario Gotze has held discussions with Borussia Dortmund about extending his contract but revealed he is open to a move abroad, amid reported interest from Arsenal.

Arsenal target Gotze open to move abroad despite Dortmund contract talks

Mario Gotze has held discussions with Borussia Dortmund about extending his contract but revealed he is open to a move abroad, amid reported interest from Arsenal.
Antoine Griezmann believes Barcelona's team is 'like a cheat code in a video game'

Antoine Griezmann airs Alexandre Lacazette transfer wish while reflecting on Manchester United ‘possibility’

Antoine Griezmann admits that a move to Manchester United was “a possibility” at one stage, while the Barcelona new boy has reiterated his desire to play alongside Alexandre Lacazette at club level.
Jasper Cillessen had grown tired of sitting on the bench at Barcelona and does not view his move to Valencia as a backward step.

Jasper Cillessen: Playing for Valencia beats sitting on Barcelona’s bench

Jasper Cillessen had grown tired of sitting on the bench at Barcelona and does not view his move to Valencia as a backward step.