Investment
Power shake-up: BPE lists two DisCos, GenCo on exchange
As Nigeria intensifies efforts to revitalize its power sector and deepen capital markets, the Bureau of Public Enterprises (BPE)—under the leadership of Director-General Ayo Gbeleyi—has launched a groundbreaking initiative to list shares of two electricity distribution companies (DisCos) and one generation company (GenCo) on the Nigerian Exchange (NGX). This move marks a strategic shift from […]
Alliance urges clear FG Shea export policy to boost local industry
The Alliance for Economic Research and Ethics has urged the Federal Government to provide a clear transition plan and conduct sector-wide consultations before fully enforcing its ban on raw shea nut exports. Chairman of the trade group, Dele Oye, emphasized that immediate policy reversals without adequate transition measures could disrupt ongoing investment plans, undermine exporter […]
Gates Sees AI as Key to Unlocking Innovations in Health
Microsoft co-founder Bill Gates has emphasized the crucial role artificial intelligence (AI) will play in driving innovation across various sectors, including health, education, and agriculture. During a meeting with Indonesia’s President Prabowo Subianto in Jakarta, Gates expressed his optimism about AI’s potential to tackle global challenges. “AI is going to help us discover new tools. […]
Joshua Considers Huge Investment In Watford
Anthony Joshua, a two-time world heavyweight boxing champion, is in talks over a potential investment into Sky Bet Championship club Watford. Joshua, who has a net worth of around $83 million, was born in Watford and is well-liked in the area. He has made significant investments in property in the London area and is now […]
Free Trade Zones in Nigeria: A Catalyst for Growth
Fhe Nigerian free trade zones (FTZs) have successfully attracted over $300 billion in investments and contributed more than N650 billion to government revenue since their inception, according to Dr. Jumoke Oduwole, Minister of Trade and Investment. Dr. Oduwole made these remarks at the third Special Economic Zones (SEZ) annual meeting, organized by the Nigerian Economic […]