Investment+ September 2018
Huawei Invests $76m, Makes $986m Procurement in Nigeria
The senior Energy Solutions Expert, Nigeria Enterprise Business Development, Mr. Samuel Orji, has revealed that the company has put up a 76 million dollars investment in Nigeria so far, with two training centers in Lagos and Abuja,…
African Development Bank Signs Into U.S,$1 Billion Private Sector-Led Facility
Nigeria may be in for a fresh financing of its infrastructure projects, courtesy of the African Development Bank (AfDB), as the lender signed into a $1 billion Multi-Lateral Development Bank and private sector investors' facility, tagged Room2Run….
TIZETI, OWNERS OF WIFI.COM.NG, ANNOUNCE NEW $3 MILLION SERIES A FUNDING FROM 4DX VENTURES
Nigerian Internet Service Provider, Tizeti, closed a Series A round of funding worth $3 million. The startup, which also manages Wifi.com.ng, a Wi-Fi Internet provider for many companies and business estates in the country, is planning to…
SMEDAN Commissions N6.3m Honey Processing Facility In Kaduna
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has commissioned a modern honey processing facility for Beekeepers Association(BA), one of its One Local Government One Product (OLOP) pilot projects that commenced in 2016 in Dogon…
Federal Government Signed MOU with Japan
The Federal Ministry of Transportation has signed a Memorandum of Understanding with Japan for cooperation in promoting quality Infrastructure investment and continuing cooperative relationship between Nigeria and Japan. Minister of Transportation, Chibuike Rotimi Amaechi signed the MoU…
RC Cola Set to Storm the Nigeria Beverage Market
United States' cola-flavoured soft drink manufacturer, Royal Crown Cola (RC Cola) is set to enter the Nigerian beverage market to compete with big players like Coca-Cola, and 7up. The brand that has been consistent since its inception…
$18bn Abuja Centenary City evt Begins Tuesday
The development of $18 billion Centenary City, Abuja will commence Tuesday , with the launch of its first co-development opportunity known as "The Grove." Centenary City project The massive city is within the proximity of Nnamdi Azikiwe…
Federal Government Approves N6.07trn National Health Plan
Federal Government said, yesterday, it has approved N6.071 trillion for a comprehensive National Health Strategic Plan 2. Minister of Health, Prof. Isaac Adewole, disclosed this while briefing State House correspondents after the weekly Federal Executive Council, FEC,…
Kwara Government Signs MoU With NDE, World Bank
Kwara State International Vocational, Technical and Entrepreneurship College (IVTEC) on Thursday signed a Memorandum of Understanding (MoU) with the National Directorate of Employment (NDE) and the World Bank on the training of 250 students. The MoU, according…
BUA Group to Set up Cement Plant in Ebonyi State
Chief Executive Officer (CEO) of BUA Group, Mr Kabiru Rabiu during a visit with his team to the Government House, Abakaliki on Wednesday September 5, said it plans to exploit the natural resources in Ebonyi state by…