LCCI, trade minister discuss investment reforms
Post AMUGE
February 26, 2025
Joy Agwunobi The Lagos Chamber of Commerce and Industry (LCCI) recently hosted Jumoke Oduwole, the minister of industry, trade, and investment, for a high-level discussion on trade and investment challenges in Nigeria. The engagement addressed critical concerns such as policy inconsistency, trade facilitation bottlenecks, infrastructure deficits, and limited access to finance all of which significantly […]
BII commits $40.5m to Nigeria’s cocoa sector in new investment agreement
Post AMUGEFebruary 19, 2025
Onome Amuge British International Investment (BII), the United Kingdom’s development finance institution, has sealed an investment deal worth $40.5 million with Johnvents Group, a Nigerian agribusiness player, to enhance the country’s cocoa production. The infusion of capital into Johnvents Group is intended to support the growth of Nigeria’s cocoa sector, enhance its international competitiveness, and […]
Fragvest secures $350,000 to expand real estate investment in Nigeria
Post AMUGEFebruary 18, 2025
Joy Agwunobi L-R: Tomiwa Olaifa, co-founder, Fragvest and Bayo Durodola, co-founder/MD, Fragvest Fragvest, a real estate investment platform, has secured a $350,000 pre-seed investment from Sthenic Finance & Advisory Limited, a move expected to drive its expansion and make property ownership more accessible to Nigerians. The company stated that the fresh capital will fuel product […]
Elumelu courts foreign investors to drive sustainable growth in Nigeria, others
Post AMUGEFebruary 8, 2025
Onome Amuge Tony Elumelu, chairman of Heirs Holdings and UBA Group, has urged foreign investors to invest in Nigeria and other African countries, emphasising the importance of sustainable economic growth and creating a positive impact in the region. Elumelu, speaking at the Legacy Builders Palm Beach Conference in Florida, USA, entreated global business leaders to […]
FDI boost of $50bn key to achieving 5% inflation in Nigeria in 2025, says economist
Post AMUGEDecember 30, 2024
Onome Amuge Investing beyond borders is a core pillar of foreign direct investment (FDI), which involves buying a controlling stake in assets such as businesses, real estate, or productive resources in a foreign country, granting the investor direct influence over these assets. In Nigeria, FDI has proven to be a vital source of capital importation, […]
NIPC targets tech, sustainability to boost Nigeria’s investment appeal
Post AMUGEDecember 17, 2024
Joy Agwunobi The Nigerian Investment Promotion Commission (NIPC) has reiterated its dedication to fostering Nigeria’s economic growth by retaining existing investments and attracting new ones through targeted collaborations and strategic initiatives. The Commission announced plans to prioritise the promotion of fintech, agri-tech, and renewable energy as part of its broader strategy to position Nigeria as […]
NPA, Nigerdock seal $1bn deal for Snake Island Port development
Post AMUGEDecember 10, 2024
Onome Amuge Nigerdock, in collaboration with the Nigerian Ports Authority (NPA), has sealed a landmark agreement to develop a $1 billion green port facility on Snake Island, setting the stage for a new era of environmentally conscious port development across the country. The new facility, which will occupy 85 hectares of land within the Snake […]
Experts identify women’s inclusion key to expanding financial markets
Post AMUGENovember 21, 2024
Onome Amuge L-R: Jameelah Sharrieff-Ayedun, chief executive officer, Credit Registry; Inez Murray, chief executive officer, Financial Alliance for Women; Tosin Eniolorunda, founder /CEO, Moniepoint Inc; Bonaventure Okhaimo, chief operating officer, Development Bank of Nigeria; Emem Usoro, deputy governor, Operations, Central Bank of Nigeria (CBN); Nkiru Balonwu, founder, Africa Soft Power Group & advisor to the […]
Invest Africa, Premier Invest forge alliance to boost African growth
Post AMUGENovember 13, 2024
Joy Agwunobi Invest Africa, a leading platform for pan-African business initiatives, has entered into a strategic partnership with Premier Invest , global investment conglomerate, aimed at mobilising transformative investment across Africa. Through this alliance, the two organisations are focused on driving impactful investments across the continent, with an eye toward supporting sustainable growth, innovation, and […]
Norrenberger strengthens Islamic finance portfolio with NGX debut
Post AMUGEOctober 30, 2024
Onome Amuge Norrenberger Group, an integrated financial services firm, has successfully listed two of its flagship funds – the Norrenberger Islamic Fund (NIF) and the Norrenberger Turbo Fund (NTF) – on the Nigerian Exchange Limited (NGX). The listing of both funds are registered as Collective Investment Schemes (CIS) by the Securities and Exchange Commission (SEC). […]