The Nigeria Economic Zones Association (NEZA), an umbrella body of Free Trade Zones operators and enterprises in zones has urged members of the National Assembly, Ministries, Department and Agencies (MDAs) of the Federal Government to only take actions that would only protect the over 25 billion US dollars Foreign Direct Investments attracted to the country […]
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The Nigeria Export Processing Zones Authority (NEPZA) and the National Bureau of Statistics (NBS) have agreed to share data on import and export points for analysis and for decision making aimed at properly measuring the contribution of the Free Trade Zone Scheme to the national economy. Prof. Adesoji Adesugba, NEPZA’s Managing Director and his counterpart, […]
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The Financial Derivatives Company Limited (FDC) has stressed that Nigeria’s high unemployment (27.1%), its large youth population, as well as its poverty rates, mean that the country is effectively seating on a massive keg of gun powder. The Lagos-based research and investment company stated this in its latest economic bulletin. Nigeria now has an estimated […]
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Foreign direct investment inflows to Nigeria fell by 21.21 per cent in 2020 to $2.6bn amid the impact of COVID-19 pandemic, the United Nations Conference on Trade and Development said on Sunday. UNCTAD, in its 38th Global Investment Trends Monitor, said Egypt remained the top recipient of FDI in Africa, despite a significant decline in […]
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The Nigeria Export Processing Zones Authority (NEPZA) and Public Service Institute of Nigeria (PSIN) are considering forming a unique partnership for capacity development for the staff of the Authority. The two agencies indicated the move when two officials of the Institute led by Mrs Bola Thomas, a Director, paid Prof. Adesoji Adesugba, Managing Director of […]
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