• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, July 18, 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 Energy

Energy Bank: Nigeria remains top Africa’s investment destination

Energy

The Matters Press by The Matters Press
July 10, 2024
Reading Time: 2 mins read
0
Stakeholders brainstorm on Nigeria’s energy transition plan

The decision to cite the headquarters of the $5 billion Africa Energy Bank in Nigeria shows that the country remains a viable investment destination.

RELATED POSTS

Befitting honour for former President Buhari commendable – TMSG

17-member committee for burial of Buhari

Lagos falls flat to APC

The Tinubu Media Volunteers (TMV) has said on Wednesday in Abuja that ,
so much has been said about Nigeria and foreign investments, but the decision by the African Petroleum Producers Organisation (APPO) to select Nigeria over South Africa, Ghana, Algeria, Cote D’Ivoire and Benin is a reflection of the country’s improved attraction power on the watch of President Bola Tinubu.

TMV said in a statement signed by its Chairman Chukwudi Enekwechi and Secretary Sunday Shedrach Gyungoun that the President deserves credit for making it happen.

“Clearly, our country remains a choice destination for foreign investments in Africa and we are convinced that we won the right to host the headquarters of the Energy Bank based on the proactive and visionary leadership of the President.

“It is, for us, a positive proof of President Tinubu’s strength in lobbying and international politicking and a sign that there is a lot more to come for Nigeria under this administration.

“We also note that with Nigeria’s hosting of the bank headquarters, the country, stands to benefit immensely, in the area of huge Foreign Direct Investments (FDIs) and an increase in foreign exchange inflow as a result of transactions between major players in Africa’s energy sector.

“Furthermore, the presence of the bank will make Nigeria a financial hub for the energy industry players in Africa aside from being a major boost to the country’s standing as an investment destination.

“We hope that this will make the rest of the world see the bigger picture of the immense investment opportunities in Nigeria, and we look forward to more of such morale boosting investments in the country. ”

The group also enjoined Nigerians to continue to support the administration’s effort to reposition the country and rejuvenate the economy.

Tags: Energy
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Befitting honour for former President Buhari commendable – TMSG
Economy/Technology

Befitting honour for former President Buhari commendable – TMSG

July 17, 2025
Buhari attends inauguration of Barrow of Gambia
Entertainment/sports

17-member committee for burial of Buhari

July 14, 2025
Lagos falls flat to APC
Economy/Technology

Lagos falls flat to APC

July 13, 2025
African intellectuals release letter to world, caution continent on selfness
Economy/Technology

Nigeria celebrates Soyinka at 91

July 13, 2025
China introduces new visa
Economy/Technology

Nigeria maintains issuance of 5-year visa to Americans

July 13, 2025
ADC, AN ASSEMBLAGE OF STRANGE BED FELLOWS, TIRED POLITICIANS– GROUP
Energy

ADC, AN ASSEMBLAGE OF STRANGE BED FELLOWS, TIRED POLITICIANS– GROUP

July 10, 2025
Next Post
Tinubu emerges new ECOWAS Chairman

Tinubu's re-election as ECOWAS Chairman a pivotal moment for West Africa - TSF

Old N200, N500, N1,000 notes remain legal tender – Supreme Court

Supreme Court's ruling on LGs reinforces grassroots development -TSF

Recommended Stories

Kenya hits the globe for oil investment

Nigeria, Iraq praises OPEC on oil production

February 24, 2022
Veritas Kapital’s total assets hit N21.4bn

Cornerstone Insurance total assets hit N70bn in Q2 – MD

September 7, 2023
EU-ACT programme spends over N4.2b in capacity building in Nigeria

EU removes 4 countries from ‘bad tax governance’ list

February 22, 2024

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

  • Befitting honour for former President Buhari commendable – TMSG
  • 17-member committee for burial of Buhari
  • Lagos falls flat to APC

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