During a press briefing after the 2023 Nigerian Economic Summit in Abuja on Wednesday, the Minister of Budget and Economic Planning, Sen. Atiku Bagudu, expressed his conviction that Nigeria provides a secure and promising environment for foreign investors. He emphasised the nation’s investment potential despite ongoing challenges and highlighted the proactive efforts of President Bola Read More…
President Xi Jinping of China has committed to increasing investments in Nigeria’s power generation sector and digital economy, following a Belt and Road Initiative forum held in Beijing. According to the office of the Nigerian Vice President, Vice President Kashim Shettima, Nigeria’s National Agency for Science and Engineering Infrastructure (NASENI) and three Chinese partners have Read More…
Nigeria’s Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has announced that Nigeria is fast emerging as a prime destination for investors, trailing closely behind China and India. Edun shared this insight during an interview on the sidelines of the ongoing 2023 World Bank/IMF Annual Meetings in Marrakech, Morocco. He underscored Read More…
Nigeria has successfully garnered investment pledges totalling almost $14 billion from Indian investors, signalling a growing economic partnership between the two nations. Ajuri Ngelale, a presidential spokesperson, made the announcement and highlighted important investment commitments: President Bola Tinubu, representing Nigeria as a guest country at the upcoming G20 summit in New Delhi, played a pivotal Read More…
President Bola Tinubu has achieved a momentous feat by garnering a substantial $3 billion investment commitment from Indian investors, aimed at bolstering Nigeria’s steel industry. Mr. Abdullahi Haruna, the Special Assistant for Media and Publicity to the Minister of Steel Development, Prince Shauib Audu, revealed this significant development in a statement on Wednesday in Abuja. Read More…
