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Investments This Week in Nigeria

Started by Africanshop, 2013-07-07 19:58

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Africanshop

Did you miss our article on investments in Nigeria this week?
Investments in Nigeria
•   Int'l agencies invest N187bn in Nigeria's energy : Nigeria's development partners have invested about N187.44 billion ($1.17 billion) in the country's energy sector as at December 2012, under the Country Assistance Framework, CAF.
•   Nigeria: Cadbury Invests U.S.$100 Million in Facility, Capacity Upgrade : Cadbury Nigeria Plc has disclosed that it has spent a total of $100 million in upgrading its facility, in pursuit of the desire to increase output in accordance with growing demand for its product.
•   German firm Miele opens for business with 1m pounds investment : Founded in 1899, Miele has been at the forefront of cutting edge home appliances and luxurious kitchen fittings for over a century, with presence in about 77 countries said Athmane Lakhilifi, head of export sales, at the firm's product launch recently held in Lagos.
•   Shell's $2.4bn Gbaran projects to boost gas supply : Shell Petroleum Development Company of Nigeria Limited, SPDC, operator of the Nigerian National Petroleum Corporation, NNPC/SPDC joint venture, has disclosed that its planned $2.4 billion investment in the Gbaran-Ubie Phase Two project will ensure 100 per cent capacity utilisation of the plant.

And so much more: http://www.shikenan.com/article-details/best-of-naija-weekly/online-nigeria-weekly-round-up-june-27



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