Posts Tagged ‘Investment’

NIPC records huge investment drop

Data from the National Pension Commission shows that the Pension Fund Administrators have reduced the amount of funds invested in real estate assets to ₦220 billion as of the end of December 2019. The new amount indicates 2.15 percent of the total assets of the Contributory Pension Scheme, which stood at ₦10.21 trillion during the […]

BREAKING| Church Of England To Invest $10.5 Billion In Cannabis Business

Weed and religion don’t go together, I thought. However, a Leafly article by Natán Ponieman suggested otherwise. “Moderation seems to be the key to the enjoyment of non-medical cannabis in the Christian tradition,” he wrote. In an exclusive conversation, Ponieman explained that, when you look at it from a historical perspective, “there is nothing in […]

Investreap – just what Nigeria’s unemployed but creative youths need right now

There are challenges we experience in Nigeria, many of which are as a result of government’s failure to pay adequate patronage to key developmental infrastructures over the past three decades.  This has led to very volatile and often  uncondusive  environment for businesses to strive. Worse still, there are very unfriendly financial policies that make it […]

Nigeria Risks Investment With`Brazen’ $5.2 Billion MTN Fine – Bloomberg

A decision by Nigerian authorities to impose a fine on MTN Group Ltd. of more than 20 percent of its market value risks foreign investment in an economy struggling to cope with sliding oil prices, currency restrictions and no finance minister. “The brazenness of Nigerian authorities to levy such a penalty is attracting attention,” Gareth […]

Akwa Ibom Government Partners With Chinese To Develop State

The Executive Chairman, Akwa Ibom Investment Corporation, Dr Elijah Akpan has told a delegation of Chinese investors that “The Akwa Ibom State Government will provide land with Certificate of Occupancy to any investor willing to do business in the state”. Dr Elijah Akpan disclosed that the state had packaged incentives for intending investors ranging from tax […]