(1) Across Europe and North America, plans are in full swing to ease the Covid-19 restrictions this year. By my calculations, we will be back to normal by the summer
(2) In the UK in particular, it appears that the economy cannot sustain the lockdown for much longer anyway, so come what may, the restrictions will be...
(1) If you ask me, having Ngozi Okonjo-Iweala as the head of the World Trade Organisation (WTO) makes it imperative that Nigeria becomes a serious player in the global economy. It is highly embarrassing that Africa accounts for 18% of the world’s population by only 3% of its trade. It now falls to Nigeria to...
OVER two thirds of Nigeria's 36 states did not attract one dollar in foreign direct investment (FDI) during the course of 2020 as a new National Bureau of Statistics (NBS) survey shows that 26 of them were investment-free zones during the year.
A mono-economy wholly dependent on the sale of crude oil for her survival,...
NIGERIA suffered from a 50% drop in foreign direct investment (FDI) during the course of 2020 as capital inflows plummeted to a meagre $9.68bn representing a four year low according to figures just published by the National Bureau of Statistics (NBS).
Due to the debilitating effects of the coronavirus pandemic, global...
(1) General Motors
(4) John Deere
(8) Tyson Foods
(9) Hewlett Packard
We need about $50bn in foreign direct investment in 2021 to save us from economic strangulation. If these companies come to Nigeria, it will create about 1m new jobs...
(1) Top marks to President Biden for hitting the ground running with his economic stimulus plan on day one. It is very impressive and shows he was ready for office long before he was sworn-in
(2) I fully expect the US Congress to pass his economic stimulus bill. Reading through the proposals, it is clear that if you...
NIGERIA only attracted 4% of the $75bn foreign direct investment (FDI) ploughed into Africa's oil and gas sectors during the four year period between 2015 and 2019 according to the Lagos Chamber of Commerce and Industry (LCCI).
Despite being Africa's oil and gas producer and the sixth biggest crude oil exporter in the world,...
Nigeria needs to attract at least $50bn in foreign direct investment (FDI) in 2021 to avoid total economic collapse. Where on earth we are going to get it from I do not know and I am surprised that nobody is even talking about it at the moment.
Waiting for investors to just come to Nigeria is utopian thinking. We should...
(1) In 2019, US foreign direct investment (FDI) worldwide totalled $5.96trn
(2) Within the US itself, FDI during that period totalled $246bn, with about $125bn of this coming from Japan
(3) Every industrialised nation worldwide takes FDI very seriously because it opens up new markets for their goods, creates ancillary...