Foreign Direct Investment

January 21, (THEWILL) - Billionaire businessman, Femi Otedola, has racked up shares worth N6 billion of Dangote Cement Plc in his name, according to market reports. Africa’s large cement maker Dangote Cement recently outpaced telecommunications powerhouse Airtel Africa to become...

January 12, (THEWILL) - BlackRock has agreed to offer $12.5 billion in cash and stock, to acquire a private equity firm Global Infrastructure Partners (GIP), founded by Adebayo Ogunlesi. The deal includes $3 billion in cash and 12 million BlackRock...

December 31, (THEWILL) - While Nigerian leaders comb the nooks and crannies of the world persuading foreign investors to troop in and invest in Nigeria, the National Bureau of Statistics (NBS) says Foreign Direct Investment (FDI) has shrunk to...

September 10, (THEWILL) - The Chairman, Heirs Holdings Group, Tony Elumelu, has urged members of the Indian private sector to seize the opportunity of improved economic reforms to invest in Nigeria. Elumelu said this during the Nigeria-India Presidential Roundtable and...

About seven months after Access Corporation Plc unveiled its second five-year strategic plan (2023-2027) in January, 2023, the foremost financial services institution has recorded significant milestones in several areas, which points to possible early harvest of huge opportunities that...

The Independent Shareholders Association of Nigeria (ISAN) has described as pathetic the acquisition of local insurance firms by foreign conglomerates under the aegis of Foreign Direct Investment (FDI), saying it portends bad omen for sustainable growth of the Nigerian...