The Minister of Power, Adebayo Adelabu, announced on Monday that the Federal Government has identified approximately $23 billion in investment opportunities in Nigeria aligned with the country’s Energy Transition Plan […]
Tag: investment
Q2 sees 83.54% drop in portfolio investment – NBS
In the second quarter of 2023, Nigeria experienced a substantial decline in portfolio investment, with figures dropping by a staggering 83.54% compared to the previous quarter, according to the latest […]
Cybercriminals specializing in cloning bank websites for investment scams arrested
In response to the rising cyber threats targeting the Banking and Financial sector, as well as unsuspecting members of the public falling prey to High-yield Investment Fraud (HYIF), the Nigeria […]
Australian dollar hits lowest level in nine months against US dollar amid concerns over Chinese investment
The Australian dollar reached a nine-month low against the US dollar on Monday, causing global investors to become uneasy as another major Chinese investment firm exhibits signs of financial strain. […]
South Korean firm KT corp plans $5.4 billion investment in AI
South Korean telecommunications company KT Corp has set an ambitious target of generating KRW1 trillion ($773.1 million) from its Artificial Intelligence (AI)-based services by 2025. To achieve this, the company […]
Nigeria tops list of African countries for venture capital investments in 2022
Nigeria has emerged as the top country for venture capital investments in Africa in 2022, according to a report by the Africa Private Equity and Venture Capital Association (AVCA). The […]