2019

Nigerian Investment Promotion Commission (NIPC) is pleased to announce that it has upgraded its website (www.nipc.gov.ng) to meet the information demands of the investing community and other stakeholders. The new website was developed in response to comments…

Nigerian companies attracted a whopping sum of $8.57 billion in funding between January and September 2019 (9-month). This is contained in the compilation of official press releases and media reports gathered by Nairametrics for the period under review.   In 2019 (9-month), Nigerian corporate space recorded several forms of capital raise which include series funding, rights issues,…

With the commitment of about N69 billion by the Central Bank of Nigeria (CBN) for the Edo State Oil Palm Programme (ESOPP), smallholder farmers in the state have applauded the Governor Godwin Obaseki- led administration for creating…

HIGHLIGHTS New train expected to start up in 2024 To increase capacity over 30 million mt per year Nigeria hopes to develop more gas   Nigeria’s planned Train-7 project, part of its expansion at the Bonny LNG…

•Implementation of 2020 budget’ll commence January 1 The Federal Government has disclosed that it has earmarked over N9 billion  for  agriculture and rural development in the 2020 budget, stating that the implementation of  the budget would commence on…

Following the calls by stakeholders in the aviation industry for increased investment in the sector, the Nigeria Civil Aviation Authority (NCAA) is set to offer waivers and other incentives to address the tough times facing investors in…

Nigeria Communication Commission, NCC, recently released its final list of 25 technological innovators at a three-day Innovation Competition and Exhibition. A blockchain startup WiCrypt came second with a 2 million naira funding. The program is focused on supporting…

Train 7 is expected to boost Nigeria’s LNG output by 35 per cent, to 30 million tonnes per year (NLNG) signed the long-awaited final investment decision on its Train 7 processing unit in Abuja on Friday, a…

A ride-hailing platform, Bolt, says it has extended its operations into two more Nigerian cities, Abeokuta and Enugu, in a bid to bring convenient and reliable transportation services closer to its customers during this festive season. Bolt’s…

The Governor of Bank of Sierra Leone who is also the Chairman of ECOWAS Committee of Governors of Central Banks,Professor kelfala kallon has disclosed of a plan for currency swap between Nigeria and Sierra Leone. Speaking about…