30 results
- 23 Feb 2017
NSIA Attracts over $175m Foreign Investment in Nigeria
Mr. Uche Orji, managing director, Nigeria Sovereign Investment Authority (NSIA), said that the organization has attracted over $175m foreign investment into the courtry. Orji disclosed to newsmen…
- 17 Jul 2024
UK Appoints Mark Smithson New Country Director to Lead UK-Nigeria Trade and Investment Relations
UK has appointed Mr. Mark Smithson the Country Director for the UK’s Department for Business and Trade (DBT) in Nigeria. He takes over from Chim Chalemera who recently concluded a 3-year posting in…
- 29 Dec 2021
Why SEPLAT Sacked Avuru as Non-Executive Director
The investing public may not have heard details of the main reasons why Austin Avuru, a former chief executive officer of Seplat Energy Plc who later became a Non-Executive Director was sacked from…
- 22 Jan 2015
FG Targets $68.1Bn Fresh Foreign Direct Investment
Mr Oluwagbemiga Kuye, managing director of the Nigeria Export Processing Zones Authority (NEPZA), said on yesterday that the Federal Government targets $68.1bn in Foreign Direct Investment from the…
- 20 Aug 2024
Transcorp Power Plc Taps Christopher Ezeafulukwe As Non-Executive Director
Transcorp Power Plc has notified the investing public of significant changes to its Board of Directors. Mr. Christopher Ezeafulukwe has been appointed as a Non-Executive Director. This appointment…
- 11 Jul 2014
Orji, Nkontchou to Address Global African Investment Summit
The organizers of The Global African Investment Summit (TGAIS) have listed Uche Orji, managing director & chief executive officer of the Nigerian Sovereign Investment Authority (NSIA) and…
- 31 Oct 2025
Transforming Africa: NITDA DG Makes Urgent Call for Digital Investment
Kashifu Inuwa, director general of the National Information Technology Development Agency (NITDA), has called for urgent and strategic investment in Africa’s digital public infrastructure, describing…
- 25 May 2009
Kilimbe urges Nigeria to Re-Invest in Satellite Communications
Jones Kilimbe, director general, Regional African satellite communications organization has urged Nigeria to re-invest in the regional satellite communications in Africa. Kilimbe stated this during a…
- 29 Dec 2021
AfDB Approves €10.5m Pooled Investment in Startup Fund
The Board of Directors of the African Development Bank Group has approved an equity investment pool of €10.5m to drive technological innovation across sub-Saharan Africa. The AfDB announced this in a…
- 19 Apr 2022
AfDB Earmarks €9.8m Equity Investment to Drive Tech
The Board of Directors of the African Development Bank (AfDB) has approved an equity investment of €9.8-million to support venture capital investments in African start-ups, from seed to growth…
- 22 Oct 2023
Yuguda, SEC DG Explains How Credit Rating Agencies Influence Investment Decisions
Lamido Yuguda , The Director General Securities and Exchange Commission, SEC, has said credit rating agencies, CRAs, play an important role in infrastructural development by providing independent…
- 26 May 2014
BPE Allays Fears of Banking Collapse over N1Trn Investment in PHCN
Benjamin Dikki, director general, Bureau of Public Enterprises (BPE), has faulted claims by some financial analysts that commercial bank’s involvement in the ongoing national public sector power…
- 21 Dec 2018
CWG Plc Announces Changes to the Board of Directors, Management Position
CWG Plc has notified its investing shareholders and the general public of the following changes to its Board of Directors and subsequently Management change. Mr. James Agada, Managing Director /Chief…
- 23 Apr 2019
Panel Accuses Gwarzo of Awarding N33m Contracts to Personal Companies
Mounir Gwarzo, suspended Director General of Securities and Exchange Commission (SEC) allegedly awarded contracts to a company in which he is a director to the tune of N33m while in office. …
- 28 Mar 2023
Why we Invested $30m in DeFi Wallet Bitkeep - Gracy Chen, Managing Director of Bitget
As a cryptocurrency exchange and digital asset trading platform, Bitget has begun to explore new vistas of opportunities as it hopes to collaborate with BitKeep in order to leverage the respective…
- 17 Jan 2023
NITDA DG Urges German Investors to Invest in Nigeria’s Tech Ecosystem
Kashifu Inuwa, director general, National Information Technology Development Agency, has called on a group of international investors in Germany to invest in the Nigeria tech ecosystem because doing…
- 1 Jul 2015
Renaissance Capital Appoints Elena Kolchina, Director & FIDS/Credit Analyst
Renaissance Capital, a leading emerging and frontier markets investment bank, has appointed Elena Kolchina as director, Fixed Income Desk Strategist (FIDS) and Credit Analyst. Based in London, Elena…
- 2 Jun 2023
AfDB Approves $20m Investment in Private Equity Fund
The Board of Directors of the African Development Bank Group (AfDB) has approved an equity investment of $20 million in the Africa50 Infrastructure Acceleration Fund I, in support of its target to…
- 13 Oct 2017
Buhari Re-appoints Orji as MD, Sovereign Investment Authority
President Muhammadu Buhari has re-appointed Mr Uchechi Orji as Managing Director of the Nigeria Sovereign Investment Authority (NSIA). This is contained in a statement issued by Mr Femi Adesina, the…
- 24 Oct 2023
How Access to Finance Changes Lives
By Carol-Jean Harward, Investment Director, Norsad Capital Africa has undoubtedly made immense gains in lifting people out of poverty. But it’s also clear that there’s still a long way to go, with…
- 12 Mar 2026
EFCC Arraigns Intermediate Investment Holdings Boss Over Alleged $1.5m Fraud
Economic and Financial Crimes Commission (EFCC) has arraigned Ufoma Joseph Immanuel, Managing Director of Intermediate Investment Holdings Limited, before Justice Mojisola Dada at the Special…
- 23 Mar 2018
NDIC Warns Nigerians of “Wonder Banks”
The Nigeria Deposit Insurance Corporation (NDIC) has urged Nigerians to be wary of “wonder banks” that give extra-ordinary interest rates and profits on investments. Its Managing Director, Alhaji…
- 8 Sept 2018
AfDB Approves $15M Equity Investment to Boost SME in Nigeria, Others
The Board of Directors of the African Development Bank has approved a US$ 15 million equity investment in Verod Capital Growth Fund III, a private equity fund that will make investments in high…
- 8 Jul 2015
NACCIMA Delighted by SAHCOL’s Technological Investments in Warehouse
Barrister Emmanuel Cobham, director-general of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) while on a facility visit to the Skyway Aviation Handling…
- 22 Jan 2018
Nigeria Safe Haven for ICT Investments – Pantami
Dr Isa Ali Ibrahim Pantami, Director General of NITDA, said that Nigeria has huge youth population who are ICT native eager to explore ICT for economic diversification. “Nigeria is the giant…
- 13 Jan 2018
Nigeria Safe Haven For ICT Investments - Dr Isa Ali Ibrahim Pantami
The Director General of NITDA, Dr Isa Ali Ibrahim Pantami FBCS said that Nigeria has huge youth population who are ICT native. eager to explore ICT for economic diversification. "Nigeria is the giant…
- 2 Aug 2022
NDIC Warns Nigerians Over Investing in Fund Managers
The Nigeria Deposit Insurance Corporation has said it does not insure investment with fund managers. Bashir Nuhu, Director, Communication & Public Affairs Department, NDIC, stated this in a…
- 9 Apr 2024
Zeepay Raises Equity from Leading Institutions to Support its ongoing Expansion
Africa50 and Oikocredit lead equity investment in Ghanaian fintech Zeepay to support Africa expansion; The investment will support the expansion of Zeepay’s cross-border remittances and mobile…
- 6 Apr 2019
SEC Woos Youths to Invest in the Capital Market
Mary Uduk, acting director general of the Securities and Exchange Commission, (SEC) is encouraging Nigerian youths to invest in the capital market instead of indulging in gambling. Uduk said…
- 16 Jan 2024
Consolidated Hallmark Insurance Becomes Holdco
Following approval by the National Insurance Commission, NAICOM, Consolidated Hallmark Insurance Plc, CHI, has taken the structure of a holding company and is now known as Consolidated Hallmark…