Nigeria received about $8.4bn investment announcements as at 4th March 2021, out of which $5.46bn were pledged by foreign investors. The remaining $2.08bn was promised by domestic investors, statistics obtained from the Nigerian Investments Promotion Commission showed. The sum pledged by foreign investors in Q1 2021 is 27.5 per cent …
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The Minister of Mines and Steel Development, Arc Olamilekan Adebgite, has disclosed the launch of made in Nigeria Barite to stop the importation of the commodity. Adegbite made the disclosure during the visit of a delegation from the Executive Secretary, Nigeria Extractive Industries Transparency Initiative, led by Dr Ogbonnaya Orji, …
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The Lagos State office of Sustainable Development Goals and Investment has launched the Lagos SDGs Youth Alliance platform. In a statement on Thursday, the government said platform was launched to accelerate youth involvement in the attainment of the global ambition. It said the initiative, which is the first government …
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Becky Osarume Osagie returned from Italy to become a vulcanizer in Benin City, Edo State, Nigeria because for her, it is better to suffer to make money than to become a prostitute. In 2015, Becky sought greener pastures outside the shores of Nigeria. She was only 19 years old …
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The new Managing Director and Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF), Dr. Michael Akabogu has disclosed that the new management of the fund is ready to deliver on its mandate and it is time it’s allowed to work instead of being encumbered by negative publicity. …
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Panic buying by federal government agencies, multi-nationals and merchants from Neighbouring countries is partly responsible for the hike in prices of assorted foodstuff in… Panic buying by federal government agencies, multi-nationals and merchants from neighbouring countries is partly responsible for the hike in prices of assorted foodstuff in Nigeria, Daily …
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BUA Cement Plc, one of Africa’s largest Cement companies, today held its Annual General Meeting for the period ended December 31, 2020 whilst paying dividends of N70billion at N2.067k per ordinary share in a move that shareholders applauded. This is coming on the heels of a profitable year for …
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AMAZON founder Jeff Bezos is now the richest man in history, worth a staggering $211billion after the e-commerce company’s share price rocketed by four percent. The businessman’s net worth soared by more than $8.4billion on Tuesday, according to Bloomberg’s Billionaires Index. Amazon stocks soared by 4.7 percent on Tuesday, …
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This is where oil rig workers live in while off shore oil and gas exploration. House boats are designed for offshore oil exploration and logistic support services. Houseboats ranging from 100Man Houseboat, 60Man Houseboat and 30Man Houseboats. https://www.youtube.com/watch?v=2vdwAJoR02c
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The USAID-funded West Africa Trade & Investment Hub (Trade Hub) has awarded a US$1.4 million co-investment grant to OCP Africa Fertilizers Nigeria Limited (OCP Africa) to install modern blending equipment within its fertilizer blending plant facility under construction in Kaduna State, Nigeria. The blending equipment will help bridge the gap …
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