Nigeria Wins Big As Tinubu Lands $600 Million Seaport Investment

Eko Hot Blog reports that President Bola Tinubu, on Sunday, secured an investment of $600 million from a Danish shipping and logistics company, A.P. Moller-Maersk. The Nigerian leader secured the investment during a meeting with the Chairman of A.P Moller-Maersk, Robert Maersk Uggla, during a meeting on the sidelines of the World Economic Forum Special … Read more

JUST IN: Naira Depreciates Against US Dollar, Hits N1,309.39/$

Drop In Prices

Nigerian Naira depreciates against US dollar, reaching N1,309.39 per dollar. Despite depreciation, trading volume surges to $857.78 million, doubling from previous day. Investor’s and Exporters’ window sees Naira fluctuating between N1,392 and N1,250 against dollar, amid market volatility. EKO HOT BLOG reports that the Nigerian Naira has witnessed a decline in value against the US dollar … Read more

FG’s Foreign Travel Ban On Ministers: A Necessary Move

Projects Tinubu Will Commission In May

In a bid to navigate the storm of economic hardship and crisis plaguing the nation, the Federal Government has recently implemented a bold decision: a ban on foreign travel for ministers for the next few months. This decisive move is expected to yield substantial financial savings, a crucial step in alleviating the burdens weighing down … Read more

Tinubu, Abbas, Uba Spearhead Zazzau Summit To Boost Education And Investments

– Leaders spearhead Zazzau summit for education and investments. – Their rapid development leveraging democracy’s gains. – They Focus on showcasing opportunities and addressing education decline. Eko hot blog reports that In a bid to drive rapid development in education, trade, and investment across Nigeria, President Bola Ahmed Tinubu,Abbas,Uba, is set to inaugurate the groundbreaking … Read more

Federal Government Launches N450 Billion Bond Offer To Investors

Eko Hot Blog reports that the Federal Government is seeking to raise N450 billion from the investing public in a new debt issuance aimed at bridging government’s deficit and deepening the domestic capital market. According to The Nation, It was learnt last night that the Debt Management Office (DMO), which oversees the issuance and management … Read more

JUST IN: Tinubu Signs Executive Order On Oil And Gas Reforms

Oil And Gas Reforms

EKO HOT BLOG reports that President Bola Ahmed Tinubu has implemented policy directives aimed at enhancing the investment climate and positioning Nigeria as the primary investment hub for the oil and gas sector in Africa. This information was disclosed in a statement signed by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale. Ngelale emphasized … Read more

Sanwo-Olu To Business Community: You Can’t Get A Better Investment-friendly Climate Than Lagos

Lagos State Governor, Mr. Babajide Sanwo-Olu

Eko Hot Blog reports that Lagos State Governor, Mr. Babajide Sanwo-Olu has assured the business community in Lagos State of its commitment to continuously provide a friendly environment for businesses in the State. The governor gave the assurance at the 8th Edition of the Lagos Corporate Assembly, also tagged BOS Meets With Business Community held … Read more

Tinubu Appoints Two Members To Nigeria Customs Service Board

Tinubu Appoints

EKO HOT BLOG reports that President Bola Ahmed Tinubu has approved the appointment of two qualified Nigerians to serve as Members on the Board of the Nigeria Customs Service (NCS). This online media platform understands that the appointments is for a term of four (4) years as representatives of the organized private sector. EDITOR’S PICKS … Read more

President Tinubu Woos International Investors In Germany

Eko Hot Blog reports that President Bola Ahmed Tinubu has told international investors in Berlin, Germany, that beyond Nigeria’s natural resources, the people of Nigeria, who are highly educated, highly skilled, and naturally industrious are the primary asset and advantage the country wields over other nations in the global race for new investments. The President … Read more

G-20 Summit: Tinubu Secures Billion-Dollar Auto Manufacturing Investment In First Meeting [Details]

Eko Hot Blog reports that President Bola Ahmed Tinubu has secured a billion-dollar automobile manufacturing investment in Nigeria during first  meeting following his arrival in India for the G-20 Summit. This was made known in a statement on Tuesday by Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale. Editors Pick  BREAKING: Tribunal Orders Rerun … Read more

France Sets Sail With Over N495 Million Investment For The Adoption Of French As A Second Language In Nigeria

France invest in Nigeria

The Government of France is set to €600,000 to make French the second language in Nigeria. The Embassy of France in Nigeria has launched a project to strengthen French teachers in the country and create a network of media platforms using the French language. The project will benefit 50 schools in five states in Nigeria … Read more

May 29: 15 Key Things You Need To Know Ahead Of Tinubu’s Inauguration

Removing Subsidy Tinubu

  As Nigeria prepares for the inauguration of Asiwaju Bola Tinubu as the country’s 16th president, there are key things you need to know. EKO HOT BLOG gathered that ahead of the inauguration, Nigerians have called on the president-elect to take quick actions to tackle critical issues in the country’s economy, security, fuel subsidy and … Read more

Sanwo-Olu Receives LASG Odu’a Investment Company Share Certificate

Sanwo-Olu has received LASG Odu’a Investment Company Share Certificate   EKO HOT BLOG reports that the Lagos State Governor, Mr. Babajide Sanwo-Olu on Thursday received the Share Certificate of Lagos State Government from the Odu’a Investment Company Limited, a company jointly owned by the six South-West states. EDITOR’S PICK Petrol Subsidy Is Criminal, Must End – Peter … Read more

Lagos Plans New Industrial Estate To Boost Investments In MSMEs (PHOTO)

EDITOR’S PICK: BREAKING: Firm Announces Annual Tonnes Of Plastic Waste Generated In Lagos JUST IN: LASG Partners ELCA To Produce 128 Young Filmmakers Fresh Graduate JUST IN: Lagos To Demolish Five Structures, Warns Defaulters EKO HOT BLOG reports that the Lagos State Government, on Sunday, assured members of the business community of its commitment to … Read more

Investment Fraud: Court Orders Banks To Disclose All Investments In Bamise And Elizabeth Ajetunmobi’s Case

Investment Fraud: Court Orders Banks To Disclose All Investments In Bamise And Elizabeth Ajetunmobi’s Case

Lagos High Court Sitting in Osborne, Ikoyi has ordered all banks to disclose all investments – fixed deposits, treasury bills, and all sums of money, including cryptocurrency – traceable to Imagine Global Holding Company Limited, Imagine Global Solutions Limited, and fleeing couple, Bamise and Elizabeth Ajetunmobi. The two firms and the Ajetunmobi couple have been associated with … Read more

Alara Calls For Synergised Investment In Qualitative Education In Epe

By Babatunde Kaka “We are Providing a Well-Equipped ICT Centre” – Mrs Odunsin, Eridan Group Convener. The Alara of Ilara Kingdom, His Royal Majesty, Oba Dr Olukayode Olufolarin Ogunsanwo, has appealed to well-meaning indigenes of Ilara and Epe Division at home and in the diaspora to pool efforts and resources in revamping and ameliorating the … Read more