All posts tagged "Olusegun Aganga"
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Nigeria and UK Target Bilateral Trade Volume of N2 Trillion by 2014
The government of Nigeria and the United Kingdom have set their sights on achieving a bilateral trade volume of N2 trillion by 2014. The current trade volume between the two countries is N 1 trillion, meaning that...
- Posted October 9, 2012
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Nigeria Targets More Than $20 Billion Investment Within 3 Years – Olusegun Aganga
Nigeria, Africa’s biggest oil producer biggest oil producer, wants to attract more than $20 billion in foreign direct investment within three years, Trade and Investment Minister Olusegun Aganga said. The West African nation increased the amount of...
- Posted October 5, 2012
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Onne FTZ in Rivers is World’s Fastest Going Free Trade Zone
The Onne Oil and Gas Free Trade Zone, located in Rivers State has been adjudicated the world’s fastest growing free trade zone. To date total investment in the zone stands at $6 billion (N930 billion), over 150...
- Posted September 24, 2012
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Fed Govt signs N424b plant deal with Global Biofuels
THE Federal Government and Global Biofuels Limited, an indigenous bio-fuel producer, have signed a Memorandum of Understanding (MoU) for the construction of 15 integrated bio-fuel plants in Nigeria worth N424billion. The project is expected to generate 450megawatts of...
- Posted January 3, 2012
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Olusegun Aganga: Nigeria to be “The Investment Destination”, Investors Already Planning Refineries
Whilst attending a World Trade Organization summit in Geneva last week, the Minister of Trade and Investments, Olusegun Aganga, spoke on Russia joining the WTO, and more importantly on Nigeria’s drive to diversify her economy. Responding to...
- Posted December 17, 2011
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Australian Companies to Explore Nigerian Market
Rio Tinto, along with 10 other Australian companies, have been made part of an Australia-Nigeria Trade and Investment Council to look into possible investment opportunities in Nigeria’s mining, agriculture and financial services sectors. Employees are seen at Rio Tinto Limited Shanghai Representative Office...
- Posted October 31, 2011
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The Battle for lost grounds of Nigeria’s sovereign wealth
In this maiden edition of ‘From our Economics Desk’, we take a look at one of the most topical issues in Nigeria – the Sovereign Wealth Fund (SWF). While political battles are being fought over the Fund’s...
- Posted October 31, 2011
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Nigeria loses N775bn yearly to non-metering of oil wells – Aganga
Minister of Trade and Investment, Dr Olusegun Aganga yesterday said Nigeria loses N775billion annually over non-metering of oil wells and inaccuracy ship-to-shore loading and offloading of vessels Dr Aganga, who made this known while speaking on the...
- Posted September 9, 2011
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FG has signed the 2011 Financial Reporting Council Bill into law – Aganga
Minister of Trade and Investment, Dr. Olusegun Aganga, has disclosed that the Federal Government has signed the 2011 Financial Reporting Council Bill into law, saying the implementation of this law would put Nigeria on the part of adopting...
- Posted July 31, 2011