Foreign Direct Investment

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.

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.

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.

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

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 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.

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.

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.

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.

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.

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.

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.

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.

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 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), 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.

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