Tag: WEF
WEF to set up a sub-Saharan center in Lagos
Lagos State Governor, Babajide Sanwo-Olu, on Friday, said the State is always open to partnership and therefore advised investors to take advantage of the market that Lagos represents He said Lagos State is the best place to do business, noting that his administration, having attracted a lot of significant investments into the State, will continue…
I didn’t attend WEF in South Africa, says Fayemi
Dr. Kayode Fayemi, governor of Ekiti state, has denied the report that he attended the World Economic Forum (WEF) in Cape Town, South Africa. Pictures of the governor with Nasir el-Rufai, his Kaduna counterpart, and Muhammadu Sanusi, emir of Kano, in South Africa had surfaced online in the heat of the dispute over xenophobia. The…
Xenophobia: Why Govs are attending WEF – Onyeama
The Minister of Foreign Affairs, Geoffrey Onyeama, on Thursday, said that governors already attending the World Economic Forum (WEF) in South Africa is not an affront to the decision of the Federal Government of Nigeria. According to him, those governors and other individuals were already in South Africa before a decision was reached for Vice…
Jim Ovia pulls out of World Economic Forum in SA in protest against xenophobia
Jim Ovia, chairman of Zenith Bank Plc, has pulled out of the World Economic Forum (WEF) taking place in Cape Town, South Africa, over the poor state of security of foreign nationals in the country. On Wednesday, the federal government announced its decision to pull out of the forum and to recall Nigeria’s high commissioner…
Just In: Nigeria pulls out of World Economic Forum in S’Africa, ‘to recall’ high commissioner
Nigeria has pulled out of the ongoing World Economic Forum in Cape Town, South Africa, over fresh xenophobic attacks. The country is also making plans to recall Kabiru Bala, its high commissioner to South Africa, according to a presidential source. The source said the decisions were taken at a meeting between President Muhammadu Buhari, Vice-President…
Insecurity: Buhari cuts Dubai trip short, returns to Abuja
President Muhammadu Buhari returned to Abuja on Tuesday night, a day ahead of schedule. The president was initially scheduled to return to Abuja from Dubai, the United Arab Emirates (UAE) on Wednesday at about 1.30a.m. However, the presidential aircraft carrying the president, his aides and some members of his entourage landed at the presidential wing…
Global investments in Nigeria hit $4.1bn, says Osinbajo
Vice President Yemi Osinbajo has disclosed that the global investments in Nigeria has increased from $908 million in the first quarter of 2017 to $4.1 billion now. He made the remark in a media chat on Thursday at the World Economic Forum in Davos, Switzerland. On the claim that the security situation in Nigeria is…
Trump sends ‘warmest regards’ to African leaders after reported slur
US President Donald Trump on Friday asked the African Union chairman to pass on his “warmest regards” to other regional leaders at a summit this weekend, after sparking outrage with a reported slur against Africans. Trump met Rwandan President Paul Kagame at the World Economic Forum in Davos, Switzerland, where some African business leaders say…
Elumelu seeks more international multilateral organizations’ support to boost entrepreneurship in Africa
The Chairman, United Bank for Africa (UBA) Plc, and Founder, Tony Elumelu Foundation (TEF), Tony Elumelu, has stressed the need for global organisations and multinational institutions to support the much-needed growth in the African continent; adding that ultimately, such growth will affect the world positively. Elumelu, who pointed this out on the side-lines of the…
All-female group to chair annual World Economic Forum for 1st time – Report
For the first time, the annual World Economic Forum (WEF) is to be chaired by an all-female group of political, economic and social leaders, who called for a more inclusive approach to tackle global problems on Tuesday. “My hope is that we can collectively demonstrate that even without testosterone, we can produce positive, constructive energy…