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The commission was established to enhance Nigeria’s investment climate, attract foreign investments and deviate from oil as the major growth rate of the Nigerian economy. Nigerian President, Olusegun Aremu Obasanjo appointed a former Minister for Commerce, Mustapha Bello as the pioneer Executive Secretary/CEO of the Commission, [ 9 ] as well ...
Nigeria Customs Service (NCS) Nigeria Deposit Insurance Corporation (NDIC) Nigeria Investment Promotion Commission (NIPC) Nigerian Export - Import Bank (NEXIM Bank) Nigerian Export Promotion Council (NEPC) Oil and Gas Free Zones Authority (OGFZA) Nigeria Export Processing Zones Authority (NEPZA)
The Federal Ministry of Industry, Trade and Investment (FMITI) is a branch of the federal government of Nigeria responsible for creating wealth and employment, reducing poverty, and stimulating and diversifying the economy. [1]
This is the list of countries by flows of received foreign direct investment (FDI). The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. According to World Bank, "Foreign Direct Investment (FDI) refers to direct investment equity flows in an economy. It is the sum of equity capital ...
Foreign Direct Investment (FDI) is an important factor for a country's economic growth especially in its impacts on transmission of technology and developments in management and marketing strategies. FDI takes place when a firm acquires ownership control of a production unit in a foreign country.
Nigeria is a federal republic in West Africa, bordering Benin in the west, Chad and Cameroon in the east, and Niger in the north. As of 2015 Nigeria has the world's 20th largest economy, worth more than $500 billion and $1 trillion in terms of nominal GDP and purchasing power parity respectively. It overtook South Africa to become Africa's ...
A foreign direct investment (FDI) refers to purchase of an asset in another country, such that it gives direct control to the purchaser over the asset (e.g. purchase of land and building). In other words, it is an investment in the form of a controlling ownership in a business, in real estate or in productive assets such as factories in one ...
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