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Post by dansoye1 on Dec 28, 2015 17:51:35 GMT
Shymmex , OmoOba , Iya Niyen! , dansoye1 , Belmot , Her Highness , IrekeOnibudo ,, omohayek , AgbongboAkala , Nigeria:Al Ghurair,UAE's Business Mogul,To Invest in Nigeria
Nigeria's foreign direct investment (FDI) is about to receive a boost as one of the leading United Arab Emirates' business moguls, Sheikh Abdullah Ahmed Al Ghurair, has indicated interest in different sectors of the Nigerian economy. A source, who revealed this to THISDAY, noted that Al Ghurair, who is the chairman of Al Ghurair Investment, is planning to invest massively in the oil and gas, power, financial sectors as well as the agriculture and mining sectors, and Infrastructure. Al-Ghurair, who has expressed confidence in the administration of President Muhammadu Buhari, is the chairman of over 36 companies and chairman of Mashreq Bank, the oldest bank in the region. His empire straddles a wide variety of businesses that helped in bringing prosperity to the UAE from its earliest days and also extends to more than 20 countries of the world. Al Ghurair serves as the chairman of UAE Bankers Association, chairman of Al Ghurair University and Member of Dubai Economic Affairs. Only recently, he donated a third of his wealth to education charity with a view to helping underprivileged Arab youths. allafrica.com/stories/201512282405.html
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Post by Honorebu on Dec 28, 2015 18:01:20 GMT
dansoye1 , try tagging only active members.There are some members you don't need to tag
Good move.Hopefully they don't come and kill off local investors by taking over the whole market leaving our country in the hands of foreigners. We still have to make sure we keep the local ones running.We surely don't want a repeat of what happened in the whole DSTV brouhaha.At the end of the day we lost because we didn't have local alternatives formidable enough to challenge them
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Post by dansoye1 on Dec 28, 2015 18:25:35 GMT
dansoye1 , try tagging only active members.There are some members you don't need to tag
Good move.Hopefully they don't come and kill off local investors by taking over the whole market leaving our country in the hands of foreigners. We we still have to make sure we keep the local ones running.We surely don't want a repeat of what happened in the whole DSTV brouhaha.At the end of the day we lost because we didn't have local alternatives formidable enough to challenge them We need the required expertise,adequate fund,the regulations that encourage and promote local investors ,right motivation etc to compete.
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Post by Her Highness on Dec 28, 2015 18:56:16 GMT
And we're back at oil again.....
While we've been doing a great job at thinking outside of the oil box.......while this is temporarily a good news, we need to find investors for agriculture, ICT and tourism.
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Post by Shymmex on Dec 28, 2015 23:39:46 GMT
Nice.
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