Ghana, other African countries lobbying companies to leave Nigeria —Adebayo, Industry Minister
By Levinus Nwabughiogu Abuja—The Minister of Industry, Trade and Investment, Niyi Adebayo, revealed yesterday that many African countries were lobbying companies operating in Nigeria to leave and come to them. Appearing before the House of Representatives Committee on Public Accounts, the minister, who led other agencies under the Ministry to the committee to respond to […]
The world needs more entrepreneurs, investments —Tony Elumelu at TIME100 Impact award
By Babajide Komolafe, Economy Editor, LAGOS Chairman, United Bank of Africa, UBA Plc, Mr Tony Elumelu has advocated for more entrepreneurs and investments across the world to Fastrack the achievement of the Sustainable Development Goals, SGD. Elumelu made this appeal at the first-ever TIME100 Impact Award at the Museum of the Future in Dubai, where […]
Failed Bank Buyout Deal Shows Perils of Investing in Nigeria
It looked like a done deal between a Nigerian bank in need of funding and a U.S. private-equity firm keen to stump up the cash. But even after contracts were signed it fell apart, showing how tough the African nation can be for investors. Milost Global Inc. said it penned an agreement in November to […]
Mali Expects Industrial Gold Mining To Beat 2017 Forecasts
Industrial gold production in Mali, Africa’s third biggest producer, is on track to exceed earlier forecasts for this year, a government official said on Friday. Mali’s industrial miners produced 46.9 tonnes of gold last year, but the government said in May that production in 2017 would slip to about 45 tonnes as the country waited […]
Minister Of Mines And Steel Expresses Worry Over Low Investment In The Sector
The Minister of Mines and Steel, Dr Kayode Fayemi has expressed concern over low investment in the mining sector. Speaking at a workshop on “Contemporary Community Engagement Models in the Oil and Gas Sector: Lessons for other sectors” organised by the New Nigeria Foundation in Lagos, Fayemi, who was represented by his Chief of Staff, […]
NSE Partners Ciuci Consulting To Encourage SMEs Listing
The Nigerian Stock Exchange (NSE), and Ciuci Consulting, a strategy and consumer intelligence will next Tuesday launch the Nigeria Business Composite 10 (NiBC 10) Lagos Nigeria. The NIBC 10 is a selection of 10 successful Nigerian enterprises, who have exhibited high potentials for growth and have over the years maintained a brilliant track record. This […]
Bob Diamond Sees Brexit’s Impact More Profound Than Expected
Bob Diamond, the architect of Barclays Plc’s investment bank over more than a decade in London, said the British capital will be hurt more than people expect from Brexit, with lawyers likely to join bankers in moving away. “People are beginning to understand Brexit is going to be far more profound and long-lasting than they […]
How to Retire in Your 30’s
When would you like to retire? Sixty-five? Fifty? You don’t have to wait that long, you know. A California couple recently retired in their mid-30’s with $1 million in the bank, according to Forbes magazine. OK, true, that remarkable feat of personal finance would be nearly impossible for most of us because we have, you […]
Osinbajo Tasks A-Ibom On Private Investments
ACTING President Yemi Osinbajo has called on Akwa Ibom State to work towards attracting private investors to the state, saying that private investments are the greatest drivers of progress anywhere in the world. Osinbajo gave the charge, yesterday, in Uyo, during a stakeholders town hall meeting in continuation of the Federal Government’s fact-finding visits aimed […]
Stop Using BirthControl So We Can Attract Investors -Zimbabwe Senators Plead
Don’t use birth control because Zimbabwe’s small population is putting off desperately-needed foreign investors. That’s the controversial suggestion from a group of legislators from Zimbabwe’s upper house – and it’s got some commentators very upset. According to the Hansard, which provides a transcript of Zimbabwe’s parliamentary debates, senators earlier this month moved a motion calling […]
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