investment

The Media Blog: Bimbo Ademoye says investing in Jade Osiberu’s ‘Gangs of Lagos’ was the best financial decision of her life!

Nollywood actress Bimbo Ademoye is no stranger to the glitz and glamour of the movie industry. However, despite her success on screen, Ademoye has long harbored a desire to invest in the film industry, and she recently made a bold move by investing in filmmaker Jade Osiberu’s latest movie, ‘Gangs of Lagos’. In a recent... Read More

Blogs, The Media Blog

Bimbo Ademoye, Financial decision, Gangs of Lagos, investment, Jade Osiberu, Prime Video

February 14, 2023

Atiku cancels Rivers rally, cites insecurity; Banks, fuel stations reject old notes, disobey S’Court ruling | 5 Things That Should Matter Today

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss: Atiku cancels Rivers rally, cites insecurity Peoples Democratic Party (PDP) Presidential Campaign Council, Rivers State has called off its proposed rally for the party’s presidential candidate, Atiku Abubakar, in the state, citing insecurity as the major reason.... Read More

December 13, 2022

TEF, US To Increase Trade, Investment Between African Countries

The U.S. Department of State, U.S. Agency for International Development, and the Tony Elumelu Foundation are partnering to host an official kickoff event to increase trade and investment between African nations and the United States. This dynamic evening event will open President Biden’s U.S.- Africa Leaders Summit on December 12, 2022, bringing together investors, entrepreneurs,... Read More

African countries, investment, President Biden, TEF, Tony Elumelu, trade, US-Africa Leaders Summit

October 17, 2022

2023 Elections: Fresh trouble hits Atiku over anti-Yoruba, Igbo comment; Publish names of perpetrators of oil theft or face legal action, SERAP tells Buhari | 5 Things That Should Matter Today

2023 Elections: Fresh trouble hits Atiku over anti-Yoruba, Igbo comment Nigeria’s hunger level ‘serious,’ ranks 103 out of 121 countries Lagos records four murder cases in one week – Police Publish names of perpetrators of oil theft or face legal action, SERAP tells Buhari Kaduna rakes in over $ 4.4b investment, creates 75,750 jobs in... Read More

2023 elections, Atiku, Buhari, hunger level, igbo, investment, Jobs, kaduna, lagos, legal action, murder caes, nigeria, Oil theft, police, SERAP, Yoruba

Fixed income funds and its potential for healthy investment portfolios

Why You Should Invest Investing is a way to secure your plans for financial security now and in the future. There will be times when there is an economic downturn and rising inflation. In periods like this, you might want to make extra income to meet your medium to long-term financial goals. However, the ever-increasing... Read More

October 20, 2017

How I will make Nigeria attractive for investment – Buhari

President Muhammadu Buhari on Friday said his administration will make Nigeria attractive for business and investments. Buhari said this in his statement at the ninth summit of the D-8 Organisation for Economic Cooperation at Istanbul, Turkey. What he said: Economies that promote trade and investment grow faster. His administration is committed to creating an enabling environment.... Read More

attractive, investment, nigeria, President Muhammadu Buhari

Trump announces Foxconn $10 billion investment in new Wisconsin plant

President Trump on Wednesday has announced that technology giant Foxconn Technology most popularly known for manufacturing iPhones in China will invest $10 billion dollars in opening up a new plant in Wisconsin, another feat achieved for the Trump ‘Made in USA’ campaign. The President tweeted this development late Wednesday, thanking Foxconn Chairman Terry Gou for his investment in... Read More

FoxConn Technology, investment, Made in USA, manufacturing, President Trujp, Terry Gou

MMM: Trader arraigned for investing customer’s money

by Omoleye Omoruyi Chukwuebuka Ezengwu, 21, who allegedly staked N286,600 sent to him by customers into the Mavrodi Mondial Movement (MMM) ponzi scheme was arraigned on Thursday in Lagos. Ezengwu, who appeared before a Magistrates’ Court, is facing a two-count charge of fraud and theft. He however pleaded not guilty to the charges. The Prosecutor,... Read More

investment, mmm, trading

We never learn: Nigerians lost N18bn to MMM, and now we’re looping in our losses

Did we see this crash coming? Yes, sure. Did MMM participants also see it coming? Hell yeah, they all did. But because Nigerians are built to be tough and unrelenting, they stuck their necks in this made-to-crash-from-the-start Ponzi scheme knowing full well what was to come and look where we are now. The Nigerian Deposit... Read More

Thinking Through

investment, loopers club, mmm, NDIC, nigeria, Ponzi Scheme

February 18, 2017

Opinion: Towards greater private participation in infrastructure-financing in Nigeria

by Ugochukwu Amasike If there is a consensus right now in Nigeria, it is on the urgent need for investment in infrastructure in order to reduce the cost of doing business in Nigeria and make Nigerian businesses competitive, whilst improving the living standards of the people. Infrastructural development is a vehicle for economic growth: good... Read More

Opinion, Thinking Through

investment, Job Creation infrastructure, National Integrated Infrastructure Master Plan, opinion, public-private partnerships

chemistry

December 31, 2016

Opinion: 2017 goals | This is how the Nigerian music industry should evolve

by Adeoye Gboyega So daiz how I now henter this their twitter of a tin. There was fuss all over social media, people talking about Chemistry – the EP from Falz and Simi. EPs seem to be the new trend as if Nigerian artistes just noticed the term. In October 2015, alternative rapper,... Read More

Opinion, Thinking Through

albums, EP, falz, industry, investment, Nigerian Music, Simi, tiwa savage

September 30, 2016

Opinion: A beginner’s guide to evaluating any investment

by Derin Adebayo So you have some free cash lying around (lol, I know…. let’s just pretend you do) and someone approaches you while you’re jogging and tells you about an investment opportunity in his insurance company. For a fixed monthly deposit of NGN 50,000 you get NGN 3,000,000 after three years. Is this a... Read More

cash, CBN, economy, Finance, investment, Liquidity, Start-up, stoocks

September 9, 2016

Manasseh Egedegbe: Recession is a word

by Manasseh Egedegbe Recession is a word. It is also a noun. It is a powerful noun that has thrown 4.6 million people out of jobs in a little over a year. A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two... Read More

CBN, disaster, Emefiele, Finance, investment, kemi Adeosun, Nigerian Economy, recession

August 31, 2016

Zuckerberg walks the streets of Lagos as he visits Andela (WATCH)

Facebook CEO Mark Zuckerberg is in Nigeria. Zuckerberg who arrived Nigeria in an unannounced visit went to tech startup Andela, one of the companies he invested in. It would be recalled that the Chan-Zuckerberg Initiative invested $24 million in Andela some months back. Zuckerberg who dressed in his usual casual dressing of a T-Shirt and Jeans strolled... Read More

Andela, facebook, investment, mark zuckerberg, photos, Silicon Valley, videos, Yaba

#Yabacon: From sleepy town to tech cluster in 8 photos

Arguably, Yaba is the largest technology cluster in Africa. Its growth has been organic and fuel by citizen led activities. Yaba is ideal for a tech cluster. Geographically, it is located between the Lagos Mainland and the Island. The area is also close to most of the business districts in Lagos state. Yaba is also... Read More

#Yabacon, CC Hub, economy, investment, lagos, startups, sticky, tech clusters, Yaba

Kalu AJa: What you should know about the ‘Financial Life Cycle’ (Y! Naira&Kobo)

By Kalu Aja So we have looked at planning networking and budgeting, let’s look at the Financial Life Cycle. If you had N100k, and you wish to invest it, where should you put it? First you have to answer three basic questions How old are you? What level of risk can you take? What is... Read More

bond, capital, cost, Finance, investment, Kalu Aja, naira&kobo, planning

Kalu Aja: How best to budget (Y! Naira&Kobo)

So last week we learned about how to calculate out networth, i.e. what we are worth when we subtract our assets from our liabilities. This could be a negative of a positive, figure, a negative figure shows we owe more than we own, this is not always a bad thing. If we are younger and... Read More

budget, economy, investment, money, naira&kobo, nigeria

Kalu Aja: How to keep investing in the time of inflation (Naira&Kobo)

by Kalu Aja So last week we saw the positive effects of having a financial plan and starting to invest early. We continue by speaking about being Constant in your Investment and watching inflation. Simply put if you invest N1 naira every day into an account for 55 years, you will have N20,075.00,... Read More

assets, inflation, investment, Kalu Aaja, liabilities, naira&kobo, net worth, nigeria, risk profile

Nigerian militants

Despite militant attacks, oil companies not willing to leave Nigeria

It would take more than militant attacks to force International Oil Companies (IOCs) out of Nigeria as they have reiterated their resolve to remain in the country. To protect themselves from further losses, some IOCs have planned to increase production shut-ins especially in areas that are most affected by terrorist attack, the Punch reports. Speaking on... Read More

destruction, investment, IOCs, militancy, Niger Delta, Niger Delta Avengers, Oil

‘Devaluation or not, we will invest in Nigeria’ | Dangote’s faith is unshakeable

Africa’s richest man, Aliko Dangote has urged investors in Africa to be mindful of the way they project Africa, or risk driving investors out. Dangote stated this at the ongoing World Economic Forum on Africa in Kigali, Rwanda. “We have to get rid of perception risks,” he said. “The fragility of perception drives away investors.... Read More

africa, cement, Dangote, devaluation, investment, Investors, nigeria

December 21, 2015

U.S Ambassador Commends General Electric’s investment in Calabar

The United States Ambassador to Nigeria Honourable James Entwistle says the U.S government will continue to encourage American companies in investing significantly in Nigeria. He revealed this while speaking in Calabar when he visited General Electric’s planned manufacturing and assembly facility. The ambassador said he was impressed with GE’s investment commitment with the Calabar facility which... Read More

calabar, economy, GE, investment, USA

November 24, 2015

1, 000 youth to get N2bn from Bank of Industry

The Bank of Industry has resumed the training of 1,000 corps members who were successful in their application for the Graduate Entrepreneurship Fund. The Fund is geared at empowering National Youth Service Corps members who submitted excellent entrepreneurial ideas with loans of up to N2 million each. BOI, in a statement released revealed that out... Read More

Bank of Industry, investment, nysc, youths

October 27, 2014

Rice industry has attracted N256 billion investment – Agriculture Minister

by Kolapo Olapoju Going by the comments of Dr. Akinwumi Adesina, the rice sector has attracted N256 billion worth of investments in the last three years. The Minister of Agriculture and Rural Development made this known during the signing of a Memorandum of Understanding with the Bank of Industry to facilitate the building of 10 rice... Read More

Akinwumi Adesina, anambra, Bank of Industry, Bauchi, Bayelsa, benue, investment, kaduna, kano, kebbi, Kogi, Minister of Agriculture and Rural Development, Ogun, Rasheed Olaoluwa, Rice industry, Rice mills, Zamara

September 17, 2014

EFCC nabs two for relieving foreign mark of N1.3billion

by Azubuike Azikiwe Two suspected fraudsters have been arrested by the Economic and Financial Crimes Commission, EFCC, for allegedly defrauding a foreign investor of $7.99 million(N1,308,122,800) under the guise of This was conveyed to the media through the commission’s spokesperson, Wilson Uwujaren, who named the suspects as Victor Uwadiale and Captain Nnaji Everest, saying they... Read More

$7.99 million, Barclays bank, EFCC, Festac Captain Nnaji Everest, foreigner, fraudsters, investment, nigeria, united kingdom, Victor Uwadiale, Wilson Uwujaren

October 21, 2013

Osun youth pitch for investment in empowerment drive

by Oge Okonkwo Taiwo Adedeji launched a startup company 4 months ago. She had no more than N3,000 capital given her by the State of Osun (www.osun.gov.ng ) and Generation Enterprise (www.generationenterprise.org) partnership. In that short time, she has put that little money to hard work and generated more than 100 times the amount, even... Read More

Brief, drive, empowerment, investment, o-yes, Osun State, Osun youths, pitch

September 13, 2013

Akin Osuntokun: Dangote for President?

by Akin Osuntokun It is a platitude to say Nigeria is in dire need of more Dangotes. Yet as betroth Brecht observes, ‘unlucky is that society without a hero, but unhappy is the one that is in need of heroes’. Let me continue our dialogue (from last week) with an exhortation of one of Nigeria’s... Read More

Akin Osuntokun, aliko dangote, Goodluck Jonathan, investment, kano, olusegun obasanjo, president, richest man, sucessor

No kidding: Nigeria to generate 7,000 megawatts of electricity by 2014

Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi, on Monday in Abuja assured Nigerians of increased electricity generation from 5,000 to 7,000 megawatts by 2014. Amadi who gave the assurance during an interview with the News Agency of Nigeria (NAN) said the increase was to meet the yearnings of Nigerians. “By our... Read More

electricity generation, investment, Nigerian Electricity Regulatory Commission, renewable power sources, solar power

Now, they’re talking: Etisalat, Glo announce massive investment on network coverage

by Yinka Ojo Wael Ammar, the Commercial Officer of Etisalat Nigeria, has announced that the telecoms company will raise $500 million (about N8 billion) from national banks to enable it improve on network coverage across the country. Speaking during the Reuters Africa Investment Summit, on Thursday, Ammar said the move is also to grow the... Read More

Alcatel Luceny, ARPU, coverage, Ericsson, etisalat, Globacom, investment, Network expansion, Wael Ammar, ZTE

An M.B.A. is not a smart investment anymore?

In high school they tell you to get the best college education possible. Your dreams are limitless. You can go as far as you want to and go to the best schools. But what they don’t tell you is that certain degrees may be more of a waste of money than you would think. If... Read More

investment, mba, smart

December 11, 2012

Is it really that hard? 5 easy steps to becoming a millionaire

by Erin Joyce One of the advantages of having a life partner is the potential to pull in two incomes. If you are able, consider structuring your set expenses based on only one income, and save what comes in from the other income. Who wouldn’t want to be worth a million dollars? Many of us... Read More

income, investment, Marriage, millionaire, money

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