‘Nigerian economy remains fragile due to slow growth’
Despite gross domestic product (GDP) growth of 2.27 per cent as at 2019 end, the Nigerian economy remains very fragile due to a combination of slow growth and vulnerability to changes in external conditions
Growing concerns as insecurity, infrastructure deficit stall FDI inflow
The monumental growth of 446 per cent in Foreign Direct Investment (FDI) recorded in South Africa in 2018, and the single-digit growth of seven per cent by Egypt is a reflection of investors
Global FDI declines to $1.39 trillion, says UN
United Nations Conference on Trade and Development (UNCTAD), has said global foreign direct investment (FDI) remained flat in 2019, standing at $1.39 trillion..
FDI in gas: A dreamer’s perspective
Nigeria being Africa largest Oil producer is a fact many around the world are familiar with and in spite of the many challenges in the industry, this fact remains and at 202 trillion scf of proven natural gas reserves and another 600 trillion ....
U.S. firms in Nigeria generate N1.4 tr, contribute $1.9b FDI
The United States (U.S.) companies operating in Nigeria are said to have generated about N1.4 trillion in 2018.
Stop using common people’s money to buy off rich men’s debts, Abiodun urges banks
Ogun State Governor, Prince Dapo Abiodun, has called on banks and other financial institutions in the country to abolish the system of using the savings of the common people to buy off debts of the rich
United States envoy blames regulatory policies for low FDI inflow
The Consul General, United States (U.S.) High Commission, Ms Claire Pierangelo, has blamed some Federal Government’s policies for the low Foreign Direct Investments (FDI) currently being witnessed in the country. Pierangelo, represented by the Commission’s Commercial Attaché, Christine Kelley, at the 2019 Lagos Chamber of Commerce and Industry (LCCI) International Investment Conference, said Nigerians…
Stakeholders target $50b FDI, worry about negative developments
Investors and stakeholders in the nation’s economy have said Nigeria remains a business destination and are determined to attract an estimated $50 billion to support the economy. Meanwhile, the stakeholders have said that negative perception and developments are affecting the country’s stability and quality of investment potentials
Experts canvass infrastructure finance through capital market
Financial experts have underscored the need for government to work out modalities on how to boost investment in infrastructure through the creation of activities that will engender effective long-term funds from the nation’s bourse and attract ....