FDI

The Nigeria Investment Promotion Commission (NIPC) said the manufacturing sector is responsible for $2.94 billion representing 35 percent of the total $8.4 billion investment recorded in the country in the first quarter of 2021. This…

Global foreign direct investment (FDI) plunged by 49% in the first half of 2020 from the same period a year ago and is on course to fall by up to 40% for the year, driven by fears of a deep recession, the United Nations said on Tuesday.…

Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop inflows into Britain due to Brexit uncertainty, the United Nations said on Monday. FDI could rise…

The Small and Medium Enterprises Development Agency (SMEDAN) has called for the use of Bank Verification Number (BVN) as collateral to access micro-credits by the Micro, Small and Medium Enterprises (MSMEs). Dr Dikko Radda, SMEDAN…

Samuel Nzekwe, former President, Association of National Accountants of Nigeria (ANAN), says the poor productivity of the private sector informs the operators reliance on the country's annual budget for their operation.  He stressed the…

From James Awano, Abuja President Muhammadu Buhari will depart Abuja Thursday for Amman to honour an invitation by King Abdullah II bin Al-Hussein of Jordan to participate in the World Economic Forum on the Middle…

By Oladele Oguntimehin Nigeria, South Africa, Morocco, Kenya and Ethiopia accounted for 40 per cent of total foreign direct investments (FDIs) in Africa as foreign investors increased stakes on emerging economies. According to its…

The UN Conference on Trade and Development says Egypt remains the top destination of foreign direct investment in Africa. UNCTAD in its “Investment Trends Monitor H1 2018’’ reports FDI has dropped 41 per cent in the first half of the…

Foreign Direct Investment (FDI) totaling about $1.3 billion flowed into the Nigerian economy from the US in 2017, the American Business Council (ABC) has disclosed.  Darrel McGraw, Vice President of ABC during the launch of the 2018…

Lagos State Government on Sunday unveiled an initiative tagged, ‘Lagos to the World’, to expose activities of the state and attract more Foreign Direct Investment (FDI) to the state. The Special Adviser to the governor on Overseas…