Tag Archives: FDI

For Nigeria to attract Foreign Direct Investments, it must start with creating the right environment as well as appropriate fiscal incentives to out-compete current preferred destinations of foreign capital such as China, India, Vietnam, among others, Managing Director, Cowry Asset Management Limited, Mr. Johnson Chukwu, has said

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The National Co-ordinator of Independent Shareholders Association of Nigeria(ISAN) Dr Anthony Omojola have said that Nigerian Deposit Insurance Corporation(NIDC) and Bank of Industry(BOI) should play their expected  roles in the international credit guarantee(ICG) turf as a way of boosting foreign direct investment into the Country as well as the export sectors of the economy.

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Tayo Olanipekun, Washington DC A survey has shown that no fewer than 75 per cent of Nigerians are ready and willing to pay taxes, the Minister of Finance, Zainab Ahmed, has revealed. She also said that plans were already afoot to levy excise duties on carbonated drinks as she explained to journalists, during the World Bank/IMF Annual Meetings in Washington …

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Global foreign direct investment (FDI) fell by nearly a fifth in 2018, to an estimated $1.2 trillion from $1.47 trillion in 2017, according to the latest UNCTAD Global Investment Trends Monitor released on Monday, with Nigeria and Angola experiencing weak performance.

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A new report by EY Africa says Nigeria has improved on attracting foreign direct investments. The Africa Attractiveness report, which was released on Monday and titled Turning Tides, said Nigeria got 25% more FDI projects in 2017 compared to 2016. “In line with its recovery from recession in 2017, Nigeria garnered 25% more FDI projects. According to the World Bank, …

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