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Nigerian Investment Promotion Commission
The Nigerian Investment Promotion Commission (NIPC) is a specialized agency of the Federal Government of Nigeria, established through the Nigerian Investment Promotion Act Chapter N117 of 2004. It is aimed at encouraging, promoting, and coordinating all investments in Nigeria. The Federal Government of Nigeria, has tasked the investment promotion agency with attracting Foreign Direct Investment (FDI) over the years. Origin The Nigerian Investment Promotion Commission was established by the United Nations Conference on Trade and Development through Chapter N117 of the Nigerian Investment Promotion Act of 1995, and later became a specialized agency of the Federal Government of Nigeria through Chapter N117 of the Nigerian Investment Promotion Act of 2004 by the former President of Nigeria Olusegun Obasanjo, Olusegun Aremu Obasanjo in a bid to enhance Nigeria’s investment climate, attract foreign investments and deviate from oil as the major growth rate of the Nigerian economy. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mustapha Bello
Mustafa Bello Mbfsed.com. Retrieved on 2014-04-01. (born 31 January 1954) was appointed n Minister of Commerce in the first cabinet of President , holding office between June 1999 and 2002. He became head of the (NIPC) in December 2003. Background He is a cousin to the retired army officer Colonel Sani Bello. Colonel Bello is being credited for supporting Mustafa through s ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Of Nigeria
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed govern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Resources
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include manpower, Labour (human activity), labor, personnel, associates or simply: people. The Human Resources department (HR department) of an organization performs human resource management, overseeing various aspects of employment, such as compliance with labor law and employment standards, job interview, interviewing and selection, performance management, administration of Employee benefits, organizing of employee files with the required documents for future reference, and some aspects of recruitment (also known as talent acquisition) and employee offboarding. They serve as the link between an organization's management and its employees. The duties include planning, recruitment and selection process, posting job ads, evaluating the performance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investor Relations
Investor relations (IR) is a strategic management responsibility that is capable of integrating finance, communication, marketing and securities law compliance to enable the most effective two-way communication between a company, the financial community, and other constituencies, which ultimately contributes to a company's securities achieving fair valuation. (Adopted by the NIRI board of directors, March 2003.) The term describes the department of a company devoted to handling inquiries from shareholders and investors, as well as others who might be interested in a company's stock or financial stability. Structure Typically investor relations is a department or person reporting to the chief financial officer (CFO) or treasurer. In some companies, investor relations is managed by the public relations or corporate communications departments, and can also be referred to as "financial public relations" or "financial communications." In smaller companies, the IR function is often ou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yewande Sadiku
Yewande Sadiku (born 27 July 1972) is a Nigerian investment banker and former public servant. She was the executive secretary and CEO of the Nigerian Investment Promotion Commission from 8 November 2016 to 24 September 2021. Education In 1992, Sadiku graduated from University of Benin with a Bachelor of Science degree in Industrial Chemistry. She went on to get a Master of Business Administration degree from the University of Warwick in 1995. Career She worked at Nigeria International Bank Limited (now Citibank Nigeria) from 1992 to 1994. In 1996, she joined Investment Banking & Trust Company Limited (later to be known as Stanbic IBTC Bank), rising to become chief executive officer of Stanbic IBTC Capital in November 2012. In 2014, Yewande raised funding for the adaptation of the Chimamanda Ngozi Adichie novel, Half of a Yellow Sun, into a full feature film where she (Yewande) served as Executive Producer. She became executive director, corporate and investment of Stanbi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Secretary
Secretary is a title often used in organizations to indicate a person having a certain amount of authority, power, or importance in the organization. Secretaries announce important events and communicate to the organization. The term is derived from the Latin word , "to distinguish" or "to set apart", the passive participle () meaning "having been set apart", with the eventual connotation of something private or confidential, as with the English word ''secret.'' A was a person, therefore, overseeing business confidentially, usually for a powerful individual (a king, pope, etc.). The official title of the leader of most communist and socialist political parties is the "General Secretary of the Central Committee" or "First Secretary of the Central Committee". When a communist party is in power, the general secretary is usually the country's ''de facto'' leader (though sometimes this leader also holds state-level positions to monopolize power, such as a presidency or premiershi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigerian Economy
The Economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. It is ranked as the 27th-largest economy in the world in terms of nominal GDP, and the 24th-largest in terms of purchasing power parity and the largest Sub Saharan Africa’s economy. Nigeria has the largest economy in Africa. The country's re-emergent manufacturing sector became the largest on the continent in 2013, and it produces a large proportion of goods and services for the region of West Africa. In addition, the debt-to-GDP ratio. Nigerian GDP at purchasing power parity (PPP) has almost tripled from $170 billion in 2000 to $451 billion in 2012 ,though estimates of the size of the informal sector (which is not included in official figures) put the actual numbers closer to $630 billion. Subsequently, the GDP per capita doubled from $1400 per person in 2000 to an estimated $2,800 per person ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abuja
Abuja () is the capital and eighth most populous city of Nigeria. Situated at the centre of the country within the Federal Capital Territory (FCT), it is a planned city built mainly in the 1980s based on a master plan by International Planning Associates (IPA), a consortium of three American planning and architecture firms made up of Wallace, Roberts, McHarg & Todd (WRMT – a group of architects) as the lead, Archisystems International (a subsidiary of the Howard Hughes Corporation), and Planning Research Corporation. The Central Business District of Abuja was designed by Japanese architect Kenzo Tange. It replaced Lagos, the country's most populous city, as the capital on 12 December 1991. Abuja's geography is defined by Aso Rock, a monolith left by water erosion. The Presidential Complex, National Assembly, Supreme Court and much of the city extend to the south of the rock. Zuma Rock, a monolith, lies just north of the city on the expressway to Kaduna. At the 2006 ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Investments
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
