Archives Tag: Olusegun Aganga

News

Federal Government Inaugurates UNIDO’s First Global Technology and Investment Promotion Office in Nigeria

April 19, 2022

The Federal Government has inaugurated the United Nations Industrial Development Organisation’s first global Technology and Investment Promotion Office (ITPO) in Nigeria. The establishment is the first to be located in sub-Saharan Africa. Speaking during the inauguration in Abuja on Tuesday, the minister said that the establishment of TIPO signified UNIDO’s confidence in the Nigerian economy, … Continue reading Federal Government Inaugurates UNIDO’s First Global Technology and Investment Promotion Office in Nigeria

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News

F.G Attracts Investment Worth $7 Billion into Cement Sector in 3 Years- Olusegun Aganga

April 19, 2022

  Nigeria’s Minister of Industry, Trade and Investment, Olusegun Aganga, said the Federal Government has attracted new private sector investment worth $7 billion into the cement sector in the last three years. The minister made this known while speaking at the 4th Annual Seminar for Industry, Trade and Investment Correspondents and Editors in Abuja. According to him, … Continue reading F.G Attracts Investment Worth $7 Billion into Cement Sector in 3 Years- Olusegun Aganga

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BUSINESS News

FG Slashes Business Registration Rates

April 19, 2022

The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, has disclosed that the federal government has slashed the costs of registering businesses in Nigeria by half. He said, “Following the directive from the President, the Corporate Affairs Commission has since October 1, 2013, slashed fees for business registration by 50 per cent. Under the new … Continue reading FG Slashes Business Registration Rates

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ECONOMY News

Brazilian President Dilma Rousseff Visits Nigeria, Targets Ties, Trade and Investments

April 19, 2022

Brazilian President Dilma Rousseff was in Nigeria over the weekend. She came by after the Africa-South America Summit, held in Guinea last week. She met with the President, high level bureaucrats and business leaders, to improve trade ties and corporation between Nigeria and Brazil. She signed a Memorandum of Understanding (MoU) with President Jonathan, for … Continue reading Brazilian President Dilma Rousseff Visits Nigeria, Targets Ties, Trade and Investments

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ECONOMY News

Price of Business Registration With NIPC Slashed From N50,000 to N15,000

April 19, 2022

Business registration with the Nigerian Investment Promotion Commission (NIPC) has been slashed to N15,000 from N50,000 in a bid to encourage entrepreneurship, expansion and investments in Nigeria. The Minister for Trade and Investment, Olusegun Aganga, approved the new rate and takes effect immediately. The Head of Media and Publicity Unit of the NIPC, Joel Attah, … Continue reading Price of Business Registration With NIPC Slashed From N50,000 to N15,000

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ECONOMY News

National Competitiveness Council of Nigeria, Inaugurated; Posit Plans

April 19, 2022

Following the inauguration of the National Competitiveness Council of Nigeria (NCCN) at State House, yesterday, by President Goodluck Jonathan, its Chairman the Honourable Minister of Trade and Investment Olusegun Aganga, the Vice Chairman Tony O. Elumelu C.O.N, as well as members of the board, convened the council’s first meeting to outline the priorities for ensuring … Continue reading National Competitiveness Council of Nigeria, Inaugurated; Posit Plans

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BUSINESS Energy

Nigerian Energy Sector Aglow, as General Electric Invests $1 Billion

April 19, 2022

The Nigerian energy sector is aglow, after its potentials prompted General Electric to announce an investment of $1 billion – into it.  The deal was signed — yesterday — in Abuja, when its Chairman, Jeff Immelt, visited. The Minister for Trade and Investment, Olusegun Aganga, was at the signing ceremony, unveiling a GDP-inducing deal to … Continue reading Nigerian Energy Sector Aglow, as General Electric Invests $1 Billion

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BUSINESS

Nigeria prepares new Policy to ease the tempest from Cement glut

April 19, 2022

Story of glut in the Nigerian cement sector hit the news a few weeks ago – coming as something that’ll taper after festivities or when construction picks up, instead continued and straggled, dragging merchants into fray. It has become a dustup between local manufacturers and importers. Importers are blamed for excessive importation, effect that has … Continue reading Nigeria prepares new Policy to ease the tempest from Cement glut

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News

Federal Government Promises To Create Four Million Jobs

April 19, 2022

The Federal Government has promised to help small businesses develop in the country, by increasing funds, and access to it for small and medium scale business owners. This is projected to create 4 million jobs in two years, and significantly grow the economy. It is also expected to encourage more people go into business and … Continue reading Federal Government Promises To Create Four Million Jobs

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News

Nigeria and Pakistan Strengthen Economic ties with Textile and Sugar Production

April 19, 2022

President Goodluck Jonathan returned today, from a Developing Eight, D-8, Summit held in Pakistan, this week. He met with the leaders of other developing economies and they discussed ways forward, and he also sought bilateral ties with some countries. He also met with some Nigerians in Pakistan, while his cabinet member, Minister for Trade and … Continue reading Nigeria and Pakistan Strengthen Economic ties with Textile and Sugar Production

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News

Nigerian Government looks to boost Intra-Africa Trade and foster Regional Intergration

April 19, 2022

While nations and governments are looking to sign bilateral agreements with other useful nations, to boost trade between their economies, the Nigerian Government having achieved some with developed and emerging economies around the world, is looking within the continent to boost trade within African countries to remove tariff and non-tariff barriers. The Minister of State … Continue reading Nigerian Government looks to boost Intra-Africa Trade and foster Regional Intergration

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BUSINESS News

Business registration with the CAC now possible round the clock

April 19, 2022

The Corporate Affairs Commission has commenced a 24-hour start-to-finish business registration process for intending business owners in this country. This will make it possible start the process – having the required documents and fees – and get registered on that same day. This is starting off in Lagos, as the Minister for Trade and Investment, … Continue reading Business registration with the CAC now possible round the clock

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