Nigeria’s Power, Finance, Energy Investors Meet With Government In Abuja
Leading development finance institutions and heads of Nigeria’s most accomplished energy companies will meet with the Nigerian government at EnergyNet’s Powering Africa: Nigeria Investment...
Private Equity Investors Sign $45million MoU For French Fries Processing Plants In Nigeria
Vicampro Farms has signed a US$45 million MoU with BlackPace B.V and Kiremko B.V. to establish the biggest potato and French fries processing farm...
Are Foreign Investors Looking Nigeria’s Way Again?
In the same week Vice President Yemi Osinbajo lamented that foreign investors are fleeing the country, it looks like they are beginning to look...
Access Bank EIG Lists Reasons Why July Inflation Will Rise To 17.2%
The Economic Intelligence Group (EIG) of Access Bank believes that the National Bureau of Statistics (NBS) inflation data for July will show that the...
“Borrowing Is Inevitable” says Kemi Adeosun
Kemi Adeosun, Minister of Finance, has said that borrowing is inevitable in view of the current realities of the Nigerian economy. She said this...
Eleme Petrochemicals Has A $2.2 Billion Expansion Plan
Eleme Indorama Petrochemicals Company Limited plans an expansion of $2.2bn to become the largest Petrochemicals hub in Africa by 2020, its Managing Director, Manish...
Here are the major headwinds facing Nigerian banks
The Nigerian banking market is facing serious headwinds from slow GDP growth, falling FX reserves/ availability and regulatory pressures. The regulatory pressures on banks...
NIGERIA’S FLOATING EXCHANGE RATE SYSTEM, WHAT NEXT? -2
In 2016, German bund yields have broken the once inconceivable zero mark to trade at negative yields. The on-going European Central Bank’s current Quantitative...
NIGERIA’S FLOATING EXCHANGE RATE SYSTEM, WHAT NEXT? -1
It took the Central Bank of Nigeria (CBN) 16 months to succumb to domestic and international pressure to re-open the Foreign Exchange (FX) market...
FG eyes Diaspora Remittances to Boost Economic Growth
Minister of Finance, Kemi Adeosun says that the Federal Government is looking at creating platforms that will help Nigerians in Diaspora direct their remittances...