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NIPC ISSUES REPORT OF INVESTMENT ANNOUNCEMENTS, HALF YEAR 2018

Nigerian Investment Promotion Commission (NIPC) has released the Report of the investment announcements tracked through its newsletters for the first half of 2018 (January to June 2018), presented by sector, investors’ country of origin, and destination state.

Volkswagen Mulls Expansion to Nigeria

An automobile manufacturer, Volkswagen, has expressed its desire to expand its operations to Nigeria and deepen investment in Africa. The Chief Executive Officer, Volkswagen South Africa, Thomas Schaefer, stated this at the Edo Automotive Investment Forum held in Benin on...
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Bayelsa to Sign Gmou With Shell on Gbarain/ubie Gas Plant

Bayelsa State Government is to sign a Global Memorandum of Understanding with Shell Petroleum Development Company, SPDC, on the multi-billion naira Gbarain/Ubie Gas plant project, which is its largest investment in Africa. Missionary Attaché in Irish Embassy, Father Kevin O’Hara,...
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EON Reality plans $50m investment for Lagos

Lagos—Governor Akinwunmi Ambode of Lagos State, will between today and tomorrow receive the executives of EON Reality Incorporated in Lagos as the global leader in Virtual Reality is set to collaborate with the state to establish the second African institution...
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