• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, June 25, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Investment in critical sectors will ensure double-digit growth – Asset manager

Investment

The Matters Press by The Matters Press
April 24, 2023
Reading Time: 2 mins read
0
Edo unveils plans for investment desks

Jodor Asset Management Limited says Nigeria’s economy will rebound with new generation of global investors, industry players and consumers.

RELATED POSTS

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

The Founder and Chief Executive Officer of the company, Mr Nduka Ofulue, said on Sunday in Abuja when he spoke on the heels of the DiČX Africa Launch-Pad Empowerment Summit, which is scheduled to hold in Asaba, Delta from April 26 to April 28.

He said that the summit is centered on the theme, “Empowering new generations using innovative products to improve digital skills”.

According to him, “investments in key sectors of the Nigerian economy will show double-digit growth within three to four quarters.

He said that the DiČX Africa project was designed to achieve sustained value across the Nigeria commodity sector using technology and innovation.

“The cost pull effect on global commodities and material value has seen traders and merchants struggle to meet absolute returns for investors.

“This is as a result of the issues arising from domestic Insecurity, the CBN cashless policy, the lingering economic fall-out from Covid-19 and the international funded war in Ukraine.

“Many of Africa’s once calm and bouyant economies are struggling to generate organic growth.

“The International Monetary Fund (IMF) forecasts for the 10 major economies in Africa are dire,” he said.

According to Ofulue, value is being eroded with more money giving birth to less quantity for Africa’s consumers.

“Manufacturers have increased costs of goods while consumers have seen the value shrink in the same goods.

“Coca-Cola is not left out. They have had to marginally increase their product cost and reduce their product size.

“ This chilling effect is felt across all key sectors in Nigeria and Africa`s; higher prices for a lesser quantity in products.

“Such trend can only exacerbate further issues across economic value chains, resulting in less revenue for governments,” Ofulue said.

He said that to address the challenges, DiČX Africa project and Launch-Pad Summit was initiated to critically rethink the impact of monetary and fiscal policy on a new generation of consumer goods and services.

“Nigeria’s future stares us direct in the face, we must stare back with confidence for new generations of global investors, industry players and consumers,” he said.

Tags: Investment
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
ECOWAS, Sahel states in deal to  confront terrorism
Foreign

ECOWAS, Sahel states in deal to confront terrorism

June 20, 2025
Tinubu denies manipulating NASS
Economy/Technology

Tinubu’s decision to press ahead with ongoing reforms, commendable-TMSG

June 20, 2025
Next Post
What gains for Africa from Bretton Woods Institutions’ 2023 Spring Meetings?

What gains for Africa from Bretton Woods Institutions’ 2023 Spring Meetings?

AKK gas pipeline project to be completed early 2023

NNPCL spends $1bn on AKK gas pipeline project – Kyari

Recommended Stories

Nigeria floats $4bn Eurobonds

Fidelity Bank redeems $400m Eurobond notes

October 17, 2022
Minimum wage a reality – Labour

NLC declares 2-day protest over economic hardship

February 17, 2024
“Naira-4-Dollar” getting results

Naira depreciates, exchanges at 456.50 to dollar

December 24, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
  • Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
  • Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us