The Ministry of Mines and Steel Development has said the sector contributed about N3.5 billion to the Federation Account in 2017. Minister of Mines and Steel Development, Dr Kayode Fayemi, who disclosed this at the 2017 end…
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The value of Foreign Portfolio participation in equity trading in the Nigerian Stock Exchange totalled N851 billion as at October, 2017, a whopping 60.8 per cent higher than N517.55 billion recorded for the full year ended December,…
The National Information Technology Development Agency (NITDA) and Microsoft Nigeria have signed a Memorandum of Understanding to strengthen ICT Innovation and adoption in the country. The partnership will see both NITDA and Microsoft collaborate in ICT development…
Bauchi state government has signed a $1 billion memorandum of strategic cooperation on investment potentials with Chinese investors. The investments are in the areas of agriculture, solid minerals and tourism and the establishment of 100MW solar power…
The Nigeria Sovereign Investment Authority on Wednesday said it was planning to invest massively in the Nigerian Infrastructure Debt Fund being managed by Chapel Hill Denham Nigeria. The NSIA said this in a statement issued in Abuja…
The Nigerian National Petroleum Corporation on Wednesday announced that it would build power generating plants with combined capacity for 4,600 megawatts in Abuja, Kaduna and Kano states. It said the resolve to invest in the power plants…
The Oil and Gas Free Zones Authority (OGFZA) has signed a partnership agreement with PricewaterhouseCoopers (PwC) to pool resources together to drive investments into Nigeria’s oil and gas free zones. The agreement commits PwC to long-term collaboration…
Access Bank Plc disclosed at the weekend that it has so far secured at least $250 million from multilateral agencies for financing as low interest funds to the Micro, Small and Medium Enterprises (MSMEs) sub-sector of the…
The Power Purchase Agreement (PPA) between Kingline Development (KLD) and Nigeria Bulk Electricity Trading Plc (NBET) for construction of 550Mega Watts(MW) plant valued at 550million dollars will boost confidence of would-be investors in the project. KLD’s Managing…
The Nigeria Sovereign Investment Authority (NSIA), has said it would invest in the Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF), being managed by Chapel Hill Denham Management Limited. The proposed investment is consistent with NSIA’s mandate…
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