Faltering oil prices, FDI set naira, 2020 budget on risky paths
The country’s ability to attract sustainable foreign direct investments has remained weak as the bulk of imported capital continues to be dominated by portfolio investments
‘Huge knowledge gap can limit millennial’ investment decisions’
Millennials have been tasked to make sound and informed investment decisions that will guarantee their plans for the future.
Nigeria’s mining cadastre system as gateway for $60b investments
Nigeria’s solid minerals industry is believed to have the capacity to generate yearly revenue of $60 billion if properly harnessed. To achieve this, investors need to have an idea of how the cadastre system works, considering the country’s reputation as it relates to regulation.
Again, LCCI calls for auto policy review, tax cut
The Lagos Chamber of Commerce and Industry (LCCI), has called for the immediate review of Nigeria’s automotive policy in line with its limitations to drive investments, development, create jobs, and boost the economy. It noted that the policy initiated by former President Goodluck Jonathan’s administration in 2013, not only failed to achieve the desired result,…
Mutual Benefits raises social responsibility investments
The Mutual Benefits Assurance Plc has renewed commitment to promoting corporate social responsibility and developing insurance in the country. The Chairman of the company, Dr. Akin Ogunbiyi, said this at the second edition of the Mutual Benefits National Badminton Championship in Lagos. He said: “The Mutual Benefits National Badminton Championship is a platform through which the company…
Huawei canvasses investments, education to lift sector
With fresh investments and improve standard of education in the Information and Communications Technology (ICT) sector, Nigeria’s economy can witness a major turn around. This was the view of the Huawei Technologies, which stressed that more emphasis on education from the basic level and opportunities for entrepreneurial youths to embrace ICT will keep the…
Multiplicity of taxes discourages investments, says Adeosun
The Minister of Finance, Kemi Adeosun has stressed the need for salary earners operating other businesses to also pay tax from their profits in order to help grow the economy. Adeosun who stated this at the first annual lecture of the Lagos State Professorial Chair of Tax and Fiscal Matters, held at the University of…
Lagos received more investments in 16 months than in last decade, says Ambode
Governor Akinwunmi Ambode yesterday said Lagos State had so far received more Foreign Direct Investments (FDIs) in the last 16 months than what it achieved in the last 10 years.