Tag: #Investment
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NIGERIA, THAILAND MOVE TO DEEPEN TIES IN TECHNOLOGY, AGRICULTURE
Nigeria and Thailand have agreed to strengthen bilateral cooperation in technology, agriculture, commerce and renewable energy, as both countries seek to expand economic and strategic partnerships. Vice President Kashim Shettima stated this on Wednesday when he received a delegation from Thailand at the Presidential Villa, Abuja. He said Nigeria’s relationship with Thailand should move beyond…
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OBOREVWORI ASSURES FARMERS, INVESTORS OF GOVERNMENT SUPPORT
Delta State Governor, Sheriff Oborevwori, has reaffirmed his administration’s commitment to supporting farmers and private investors through infrastructure and other incentives to promote economic growth. Oborevwori gave the assurance during visits to Tatcha Farms in Okuloho, Amity Global Farms and Manroy Livestock Farms in Okpe and Uvwie Local Government Areas. He said government support would…
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AFROCENTRIC CULTURAL EXPO TO BOOST AFRICA’S CREATIVE ECONOMY — CHAMBER BOSS
The Nigerian Chamber of Commerce-USA (NICOCUSA) says the forthcoming Afrocentric Cultural Expo will promote Africa’s rich cultural heritage while unlocking new economic opportunities for the continent’s creative and cultural industries. The Founder and CEO of NICOCUSA, Mr Gregory Ihenacho, disclosed this on Wednesday while briefing journalists in Awka. He said the expo, scheduled for Nov.…
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NSDC TARGETS SUGAR SELF-SUFFICIENCY WITH $1BN INVESTMENT, N10BN FUND
The National Sugar Development Council (NSDC) is targeting sugar self-sufficiency in Nigeria through a proposed $1 billion investment partnership and a 10 billion naira Sugar Project Acceleration Fund. The NSDC Executive Secretary, Kamar Bakrin, said Nigeria currently consumes about 1.8 million tonnes of sugar annually, with roughly $1 billion spent on imports. He said the…
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KOGI MOVES TO ESTABLISH CASHEW PROCESSING PLANT
The Kogi State Government has begun plans to establish a cashew processing plant to promote value addition, attract investment and increase the crop’s contribution to the state’s economy. The Commissioner for Agriculture, Mr Timothy Ojoma, disclosed this in Lokoja while receiving executives of the National Cashew Association of Nigeria (NCAN), Kogi Chapter. He said discussions…
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NGX SEEKS STRONGER PARTNERSHIP WITH HONG KONG EXCHANGE
The Nigerian Exchange Group (NGX Group) has called for stronger institutional cooperation with Hong Kong Exchanges and Clearing (HKEX) to deepen capital market linkages and investment flows between Africa and Asia. NGX Group Chairman, Dr Umaru Kwairanga, made the call after meeting HKEX officials in Hong Kong. He described the Hong Kong exchange as a…
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OIL, GAS LEADERS BACK REFORMS, STRONGER LOCAL CONTENT TO DRIVE GROWTH
Nigeria’s oil and gas industry leaders have identified policy stability, investment incentives and stronger local content implementation as key to sustaining growth in the sector. They spoke on Tuesday during a panel session at the ongoing Society of Petroleum Engineers (SPE) conference in Lagos. Executives from Chevron Nigeria, TotalEnergies, NNPC Engineering and Technical Company (NETCO)…
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NIGERIA, EU DEEPEN PARTNERSHIP ON SECURITY, TRADE, INVESTMENT
Nigeria and the European Union (EU) have reaffirmed their commitment to strengthening bilateral ties, with renewed focus on security, trade, investment, renewable energy and sustainable development. The commitment was made during a meeting in Abuja between the Minister of Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, and the EU Ambassador to Nigeria and ECOWAS, Gautier Mignot. Both…
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GERMANY SEEKS STRONGER ENERGY, TRADE TIES WITH NIGERIA
Germany has reaffirmed its commitment to deepening cooperation with Nigeria in energy, trade and investment, describing the country as a strategic partner and a reliable supplier helping to strengthen Europe’s energy security. German Foreign Minister Johann Wadephul made the pledge during a reception in Lagos ahead of high-level talks with Nigeria’s Foreign Minister, Ambassador Bianca…

