Lagos Free Zone offers a great value proposition for investors looking at Nigeria and West Africa, says Dinesh Rathi, MD
Promoted by the Singapore-headquartered enterprise, Tolaram – one of Africa's industrial conglomerates, has set up– Lagos Free Zone (LFZ) in Nigeria. It lies in Lagos State, the commercial centre of West Africa's largest economy. What is it offering to global investors? Dinesh Rathi, Managing Director of LFZ talks about the incentives on the sidelines of the CII- Exim Bank Conclave on India Africa Growth partnership. Key Points
Financialexpress300 students kidnapped in Nigeria
Rashidat Hamza is in despair. All but one of her six children are among the nearly 300 students abducted from their school in Nigeria’s Kuriga town... Key Points
The Tribune IndiaMalaria, trial delays & $15 mn settlement: 16 Indian sailors stuck in Nigeria to reach home this week
The sailors were accused of oil theft about 9 months ago and detained in Equatorial Guinea and Nigeria until their release on 28 May. They are expected to reach India by 10 June. Key Points
ThePrintCollege students raise funds for security guard to visit his family in Nigeria
The US college students recorded the moment when they surprised the security guard with a trip back to his family. Watch the video here. | Trending Key Points
Hindustan TimesRajnath attends swearing-in of Nigerian President-elect
Defence Minister Rajnath Singh on Monday attended the swearing-in ceremony of President-elect of Nigeria Bola Ahmed, held at Tinubu Eagle Square in Abuja. Mr. Singh is on a three-day visit to the West African nation, the first-ever by an Indian Defence Minister. Key Points
The Hindu
Bajaj Auto shares fall over 5% after demonetisation in Nigeria. Here’s why
Bajaj Auto shares fell sharply on Monday after a note ban came into effect in Africa's most populous country, Nigeria. Here is all you need to know. Key Points
India TodayNicki Minaj Addresses Nigerian Fan's Concerns Regarding Tour Venues; Here's What She Said
A Nicki Minaj fan from Nigeria felt overwhelmed when the star responded to her post on X. The Nigerian fan had expressed disappointment about Nigeria not being part of Nicki Minaj's 2024 tour. The rapper however encouraged her to sign up her city on the tour website, suggesting it might influence the tour locations. Key Points
Economic TimesKFC operator Devyani International profit slumps on expenses, weak currency
India's Devyani International (DEVY.NS) reported an 84% slump in its quarterly profit on Friday as the domestic operator of Pizza Hut and KFC restaurants was swamped by higher expenses and tepid currency in key market Nigeria. Key Points
Reuters