UAE Investors Target Nigeria For Expansion

United Arab Emirates’ investors have signified interest in Nigeria’s business environment to promote their investment. This followed discussions between the First Vice Chairman of the Board of Directors of Abu Dhabi Chamber of Commerce, Ibrahim Mahmoud Al Mahmoud and Ambassador...
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Firm Plans Affordable Solar Power For SMEs

A solar energy firm, Tellco Europe-Nigeria, has revealed plans to provide solar-powered electricity at affordable cost to Micro, Small and Medium Enterprises, MSMEs, in Nigeria. Solar power plant At the official unveiling of the company and inauguration of Off-Grid Solar...
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Abia Partners Firm on Modular Refinery

The Abia State government is partnering Goldtrust Ltd to establish a modular refinery in Owaza, an oil-producing community in the southern part of the state. Another firm, Whitepage Concept Ltd will help in the development of hydrocarbon in the same...
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Shell Mulls $15bn Investment Surge in Nigeria

Oil giant, Royal Dutch Shell, is mulling additional $15 billion investment in Nigeria. The company, which is the biggest international oil company (IOC) in Nigeria in terms of assets and oil production volume, a document sighted by New Telegraph at...
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LED-maker Low Energy Designs to Invest $53M in Lagos

Low Energy Designs will install the streetlights as part of its “Light up Lagos” initiative and invest about US$53.3mn. Lagos, Nigeria’s capital, is Africa’s largest city with about 21mn residents. The streetlights will help tackle pollution and crime in the...
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N18bn Mall Project Unveiled in Badagry

The foundation stone of the multi-billion Naira Oba Akran International Shopping Mall has been laid at the Cemetery Road in Badagry Local Government of Lagos State. The 93 acres proposed site was unveiled by Hon. Setonji David, who represented the...
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SEC to Discuss 10-year Master-Plan Implementation

The implementation of the 10-year capital market masterplan and other sector initiatives will top the agenda of the first 2018 meeting of Capital Market Committee of the Securities and Exchange Commission (SEC). The meeting, according to SEC, holds in Lagos...
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