Tag: Foreign Investors
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Wike promises foreign investors of better deals in Abuja
The Federal Capital Territory Administration (FCTA) has promised foreign investors that are willing to invest in the nation’s capital, Abuja, to feel free and do so, as better deals await them.
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Nigeria safe for foreign investors -Akpabio
President of the Senate, Godswill Akpabio, on Thursday assured foreign investors of the safety of their investments in Nigeria, just as he restated the commitment of the Federal Government under President Bola Tinubu, to providing conducive business environment for Foreign investors in the country.
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Yongxing Steel Challenges Foreign Investors In Nigeria
A Chinese steel manufacturing firm, based in Ogua community, on the outskirts of Benin City, Edo State, has thrown a challenge to fellow foreign companies operating in the country, to be patient with Nigeria and not to run away because of the country’s current difficulties. In an address during an interactive session with the…
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Nigeria losing foreign investors’ confidence – NNPC GMD
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address the loss of foreign investors’ confidence in the country’s oil and gas industry. Kyari said the absence of a stable fiscal environment was inhibiting the growth of the industry,…
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Nigeria's bad image scaring foreign investors – Buhari's ministerial nominee
Dr Isa Pantami, a ministerial nominee has said that many investors are scared of investing in the country’s IT sector because the nation’s image has been badly portrayed, especially in the media. The nominee, who is currently the Director General of the National Information Technology Development Agency (NITDA) said this while responding to questions from…
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FG assures foreign investors adequate protection
Foreign investors have been urged to invest massively in Nigeria and quickly take advantage of the various policies put in place by federal government aimed towards the growth of the nation’s economy. This call was made by the Minister of Information and Culture, Mr Lai Mohammed, at a breakfast meeting in London on Thursday. During…
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Your investments safe in Nigeria, FG tells foreign investors
In its effort to change the perception of investment risks in the country, thereby attracting the much needed foreign investments, the Federal Government has assured foreign investors of safety of their investments. The Minister of Finance, Ms Zainab Shamsuna Ahmed, explained that the Federal Executive Council in 2017 granted approval for the membership of Nigeria…
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Foreign investors buy 410m shares of Dangote cement
Dangote Industries on Tuesday on the Nigerian Stock Exchange (NSE) sold 410 million shares of Dangote Cement valued at N86.1 billion to some foreign investors at N210 per share. The News Agency of Nigeria (NAN) reports that the transaction was crossed at off-market price of N210 in six deals. Mallam Garba Kurfi, the Managing Director,…
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Foreign investors jostling to buy over 9Mobile – Shittu
…Assures staff and subscribers of government’s protection The Minister of Communications, Alhaji Adebayo Shittu has said that many foreign investors are jostling to buy over the newly acquired telecommunication firm, 9 Mobile (formerly known as Etisalat) from which Mubadallah recently pulled out. The minister revealed this at the weekend when he spoke on ‘Political Circuit’,…