About 22 Japanese firms arrived Nigeria last week for exploratory talks towards possible investment in the country. BusinessWorld Intelligence can disclose that the visit will boost Nigeria's quest to attract Foreign Direct Investment (FDI).

Mining is such a key sector in the African economy that more than half its countries export some major mineral commodity, and for 13 of those countries, mineral exports account for at least half of export revenues.

Participants at this year’s World Corporate Cup have been invited to take advantage of a gathering of world conglomerates by using this platform to showcase Nigeria’s potentials to overseas companies.

The Association of Mega Filling Station Owners of Nigeria (Amfson) has made a passionate appeal to President Goodluck Jonathan to stop the management of the Nigerian National Petroleum Corporation (NNPC) in their attempt to revert to the discredited cash and carry policy in their dealing with filling station owners in the country.

Exports of the new Nigerian Usan crude were raised to four 950,000-barrel cargoes in April from the original plan for three lots, according to a revised loading programme.

(L-R) Dr Bright Okogu, representative of DG, budget office of the federation; Sam Ohabunwa, founder, foundation for economic development and Dr. Emmanuel Ijiwere, CEO, BEst Foods Global Ltd during the recent foundation's business conference in Lagos.

Professor Emmanuel Nnadozie, director, Economic Department and Nepad Division, UN Economic Commission for Africa (Uneca), has frowned at the lopsided growth being recorded in the Nigerian economy. Nnadozie regretted that while Nigerian economy is recording significant growth, only few people in the population are benefiting from such economic growth.

Business activities last week resumed on a rather slow note in some parts of Abuja following the week long demonstrations by the organised labour and civil society organisations over the recent hike in pump price of petroleum products. The week long protests paralysed business activities in the federal capital territory.

Residents of the federal capital territory (FCT) are devising new methods and strategies to beat the rising cost of living in the federal capital. There has been a sharp rise in the cost of living following the increment in the price of petroleum products nationwide.