IPEN Visits LCCI for Strategic Partnership

Nigeria will feature significantly in the 2019 Africa Investment...

The Managing Director, Nigerian Ports Authority (NPA), MsHadizaBala Usman...

Costa Rica: The No. 1 place to retire! The world's...

Foreigners can now investment in Etisalat as the UAE government has lifted restrictions which had blocked foreign investors from buying a stake in the country's largest telco, Etisalat. There is however a 20 percent limit on how much of the company can be owned by foreigners. Currently, Etisalat is 60 percent owned by the government, with a 40 percent stake listed, but restricted to UAE nationals. "The federal government decided to lift the restriction of Etisalat stock ownership by local institutions, foreign institutions and expatriate individuals provided that such ownership does not exceed 20 percent," Etisalat said in a statement to Abu Dhabi Securities Exchange. Etisalat added that the Emirates Investment Authority (EIA) does not intend to reduce its 60 percent stake at the moment.

Over 1,500 residents have benefited from a Fidelity Food...

Leadway Group, Nigeria’s leading non-banking financial services group, has...

The 2015 Presidential Election ended on Saturday, March 28, 2015. It now belongs to the history books. Regardless of the pros and cons of the polls, it came and went. And in a commendable act worth eulogising, the then incumbent president, Goodluck Jonathan conceded defeat and congratulated the declared winner, Muhammadu Buhari, a development that earned widespread local and international applause for Nigeria as a nation.

  Operators in the Nigerian insurance sector are bracing up...