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Daily Archives: April 16, 2018

Why Nigeria’s FDI inflows remain low – Report

A leading financial research and consulting firm, Financial Derivates Limited (FDC) has projected that current efforts by the fiscal authorities to boost foreign direct investment (FDI) may be seriously undermined by a combination of negating factors in the country. The research firm, in its latest Monthly Economic Update report, noted that Nigeria’s inability to attract the desired FDI could be ... Read More »

Kenya Airways sacks 22 Nigerian employees over ‘redundancy’

 …labour unions may picket airline today East African carrier, Kenya Airways, has sacked 22 out of its 26 Nigerian employees over what it termed redundancy. A source close to the airline disclosed on condition of anonymity that the affected workers were sent packing on Friday, April 13. According to the source, the sacked staff were escorted out of the airline’s ... Read More »