Shell Mulls $15bn Investment Surge in Nigeria

Oil giant, Royal Dutch Shell, is mulling additional $15 billion investment in Nigeria. The company, which is the biggest international oil company (IOC) in Nigeria in terms of assets and oil production volume, a document sighted by New Telegraph at...
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LED-maker Low Energy Designs to Invest $53M in Lagos

Low Energy Designs will install the streetlights as part of its “Light up Lagos” initiative and invest about US$53.3mn. Lagos, Nigeria’s capital, is Africa’s largest city with about 21mn residents. The streetlights will help tackle pollution and crime in the...
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N18bn Mall Project Unveiled in Badagry

The foundation stone of the multi-billion Naira Oba Akran International Shopping Mall has been laid at the Cemetery Road in Badagry Local Government of Lagos State. The 93 acres proposed site was unveiled by Hon. Setonji David, who represented the...
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SEC to Discuss 10-year Master-Plan Implementation

The implementation of the 10-year capital market masterplan and other sector initiatives will top the agenda of the first 2018 meeting of Capital Market Committee of the Securities and Exchange Commission (SEC). The meeting, according to SEC, holds in Lagos...
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BoA, SunTrust Bank sign MoU on Agric banking

The Bank of Agriculture and SunTrust Bank have sealed an e-banking agreement as part of efforts at revitalising agriculture in the country. The agreement, according to a statement on Monday, was signed at the Federal Ministry of Agriculture in Abuja....
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