foreign investments
9 Dec
The National Bureau of Statistics (NBS) has said that foreign investments in Nigeria’s telecommunications industry dropped by 87 per cent in the third quarter of 2024. The NBS in its report said it suffered a huge decline from the $113.42m recorded in the second quarter of 2024 after falling to a new low of $14.4m…
20 Feb 2024
Nigeria was only able to attract a total of $3.91 billion in foreign capital inflow last year, the lowest since 2007, and $1.088 million in the fourth quarter of last year, new data from the National Bureau of Statistics (NBS) have revealed.
Latest
1 hour ago
Vice President Kashim Shettima has humorously said that he is prepared to throw more political jabs at the Peoples Democratic Party’s (PDP)
2 hours ago
The United States Department of Justice has said that after completing his 75-month jail term for defrauding Americans, convict Edwin Okoronkwo will be deported to Nigeria. Okoronkwo and his wife, Juliet Okoronkwo, both permanent residents, had defrauded Americans through a catfish scheme, using stolen identities to disguise themselves as a high-ranking member of the US…
3 hours ago
Virtuitis Solaris (VS), a subsidiary of MOJEC International Holdings, has reaffirmed its dedication to bridging Nigeria’s energy gap by committing to the construction of 500 mini-grids within the next three years.
3 hours ago
The Lagos State House of Assembly has resumed plenary, almost a month after the removal of Mudashiru Obasa as the Speaker of the House over alleged financial misconduct, and abuse of office.
3 hours ago
Justice Chinyere Nwecheonwu of the Federal Capital Territory (FCT) High Court, sitting in Kuje, has ordered the remand of three property owners linked to Delta Mega Trends in Kuje and Suleja correctional facilities pending the perfection of their bail conditions.
3 hours ago
Vice President Kashim Shettima, yesterday observed that Nigeria is witnessing a surge in reverse medical tourism, with patients from the United States and other countries thronging the nation’s hospitals to seek affordable and high-quality kidney transplants.
3 hours ago
Senate has directed its committees on Intelligence and National Security and Foreign Affairs to probe allegations by the Head of State of Niger Republic, Brigadier General Abdourahmane Tchiani, accusing Nigeria of conspiring with France to destabilise his country.
3 hours ago
The decomposing body of a member of the Anambra State House of Assembly, Justice Azuka, has been discovered on the Second Niger Bridge.
3 hours ago
Government policies and devaluation of the naira are responsible for the worsening cost of living, the Trade Union Congress (TUC) has said.
3 hours ago
The Nasrul-Lahi-L-Fatih Society (NASFAT) has proudly unveiled its impressive track record spanning three decades, demonstrating its impact across all spheres of life and affirming its dedication to future endeavours.