Global audit, tax, and business advisory firm, KPMG, has stated that to fully attract Foreign Direct Investment (FDI) into Nigeria’s over 44 solid minerals scattered in over 500 locations nationwide, the country, through its agencies, must sign up for relevant international mining organisations. In its June report on the country’s solid minerals sector, KPMG stated...

…Generates 1,500MW versus FG’s 760MW Nigeria took eleven years to add just 760 megawatts of power to the national grid, while the Dangote refinery doubled that output, generating 1,500mw in a shorter time. For decades, the country has suffered from chronic power shortages, and repeated promises to fix the problem have long dominated election campaigns....

Dr. Doris Uzoka – Anite : Minister of Trade and Industry. The federal government has announced a $3.5 billion agreement with Afreximbank to enhance the textile industry and promote the use of Compressed Natural Gas (CNG) vehicles, among other initiatives. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, made this disclosure in a statement...

Natural gas investment gets a leeway amid the talk of sustainability as the G7 countries threw their weight behind the resource on the back of the current energy crisis in the West and potential gas market shortfalls provoked by the Russia-Ukraine crisis. A development that comes as a cherry for Nigeria, one of the largest...

Nigeria has seen many foreign companies exist its industrial sector in recent times due to several operational challenges. On June 11, London-based Diageo Plc sold its controlling stake in Guinness Nigeria Plc to Singapore’s Tolaram Group Inc. The Fouani Group, a local firm, operates a diaper and sanitary pad plant in a complex where Cincinnati-based Procter &...

Lists inadequate funding, insecurity, lack of data as issues besetting sector Emmanuel Addeh in Abuja

Dangote refinery achieves double Nigeria’s 11-yr power output

Dr. Doris Uzoka – Anite :Minister of Trade and Industry

Boost for Nigeria as G7 backs gas investment for energy security

Asian, Turkish firms replacing Western multinationals exiting Nigeria