Tag Archives: Investment

The Nigerian economy recorded its worst investment inflow in ten years with the country attracting a total investment of $5.12bn in the 2016 fiscal period. The $5.12bn investment figure when compared to the $9.64bn which the economy attracted in 2015 represents a huge decline of $4.52bn or 46.86 per cent. The decline was confirmed in the capital importation report which …

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LCCI urges FG to stimulate investment The Lagos Chamber of Commerce and Industry (LCCI) on Thursday advised the Federal Government to stimulate investment in order to overcome the country’s current economic challenges. The LCCI Director-General, Mr Muda Yusuf, gave the advice in an interview with the News Agency of Nigeria (NAN) in Ota, Ogun. According to Yusuf, stimulating investment will …

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Contrary to rumour making the rounds at the wake of President Muhammadu Buhari’s visit to the People’s Republic of China that the Nigerian leader would sign a $2bn loan deal with China to fund the over ₦2tn budget deficit, Africa’s largest population however has gained more from the President’s visit to the Asian giant. Presidential spokesman, Femi Adesina had refuted …

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