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Nigerian Power Sector to Generate $40 Billion Investment in 10 Years...

AFRICANGLOBE - Nigerian president Goodluck Jonathan yesterday said that more than $40 billion worth of investment would be generated by the power sector in the next 10 years.

Nigerian Invents Electricity Generating Football

AFRICANGLOBE - Nigeria is exploring the possibility of funding the local productiong of an ‘electricity-generating football’ invented by one of its citizens. Created by a young Harvard-trained Nigerian, Jessica Matthews, the ”Power-Generating Soccer Ball” was presented to President Goodluck Jonathan at the State House, Abuja on Friday.

Nigeria Launches UNEDEP To Promote Self Employment Among Graduates

AFRICANGLOBE - All over the world, entrepreneurship has been identified as the major driver of economic growth and development… The success of many economies can be traced to entrepreneurs who started small and then grew to become multinationals

Ensure Nigeria’s Industrialisation Before End of Jonathan’s Tenure

AFRICANGLOBE - Nigeria's Minister of Trade and Investment, Olusegun Aganga, has challenged the Industrial Training Fund, ITF, to ensure that the Nigerian economy is fully industrialized before the end of President Goodluck Jonathan's administration.

Nigeria Optimistic About Foreign Investment

AFRICANGLOBE - Nigeria's federal government has disclosed that many companies across the globe have indicated an interest in investing in the country to the tune of N8.5 trillion. The country's Minister of Trade and Investment, Mr. Olusegun Aganga, who briefed State House correspondents alongside his Environment counterpart, Hajia Hadiza Mailafia as well as Presidential spokesman, Dr Reuben Abati, at the end of the Federal Executive Council (FEC) meeting presided over by President Goodluck Jonathan yesterday, said that the investment commitments were from reputable international firms.

Qatar to Invest $390m In Nigeria’s Transport Sector

AFRICANGLOBE - Nigeria and Qatar have finalised plans to sign a memorandum of understanding (MoU) for the investment of $390 million in former’s transport...

U.S., Nigeria Trade Hit $38.5 Billion in 2011

AFRICANGLOBE - The United States and Nigeria's trade volume has been valued at $38.5 billion for 2011, with nearly 12 percent increase from 2010,...

Nigeria, Oil Firm to Establish Two Refineries Worth $4.5 Billion

Nigeria's Federal Government has signed a Memorandum of Understanding (MoU) with the Petroleum Refining and Strategic Reserve Limited (PRSR), a renowned America-Nigeria joint venture,...

Nigeria and European Consortium Signs Billion Dollar Investment MOU

Nigeria's Federal Government has signed a Memorandum of Understanding with a consortium of Swiss and European investors for the investment of N240bn ($1.6bn) in the power, petroleum and housing sectors of the Nigerian economy.

Nigerian Govt Secures Big New Investments

Nigeria's Federal Government has secured about N2.2 trillion investment commitment from foreign and local investors for the non-oil sector of the Nigerian economy which will be invested in the country within the next 12 months.