Nigeria Approves Investment Pact With UAE

  “We are removing and we’ve removed these roadblocks. These roadblocks include multiple taxation and levies, customs duties and various levies that are imposed on businesses, and infrastructure decay, including power.”   The Federal Government of Nigeria has approved the ratification of the Investment Promotion and Protection (IPPA) agreements between Nigeria and the United Arab […]

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Indonesia Fosters economic Ties With Nigerian State

Governor Alex Otti says his government is prepared to partner Indonesia to boost economic development and industrialization in Abia. Mr Otti said this on Thursday when the Indonesian High Commissioner to Nigeria, Usra Harahap, paid him a visit in Nvosi, Isiala Ngwa South LGA. The governor also reiterated the readiness of the state government to […]

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Chinese, Nigerian Firms Sign $1bn Gas Flaring deal

AdminA Chinese firm, Beijing Zhogmin Xinjunlong New Energy Technology Company Ltd., and NIGUS International, a Nigerian firm, have signed a $1 billion agreement to fund and develop gas flaring solutions for Nigeria. The News Agency of Nigeria (NAN) reports that the signing ceremony took place on Friday in Abuja in response to a national directive […]

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Africa’s Largest Syringe Company Close Shop In Nigeria

Admin  Jubilee Syringe Manufacturing (JSM) company in Awa, Onna Local Government Area of Akwa Ibom, has ended its operations, attributing the decision to “unforeseen circumstances affecting business operations.” The company, which was reputed to be the largest syringe manufacturing venture in Africa, was inaugurated in 2017 by former Vice President, Yemi Osinbajo. Though it had […]

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