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In a heartfelt ceremony brimming with gratitude and admiration, Abuja Investment Company Limited recently organized a remarkable send forth to honor eight exceptional individuals who have dedicated their time, expertise, and unwavering commitment to the company’s success. This momentous event served as a poignant reminder of their invaluable contributions and offered a platform to […]
Introduction: As the new year unfolds, many investors are looking for new investment opportunities to diversify their portfolios and maximize their returns. With the Nigerian economy slowly recovering from the COVID-19 pandemic, it is essential to invest wisely to secure your financial future. In this article, we will explore five investment opportunities that you should […]
The Abuja Investments Company Limited is in the process of a scheduled review of its HR systems to improve operations and processes. Recent reviews of AICL’s systems and operations have been done by PricewaterhouseCoopers (PwC) and currently; Learning Impact Model Nigeria Ltd. The recommendations from these reviews will be used to transform AICL’s structure and […]
Abuja Investments Company Limited on Friday the 1st of July welcomed its new GMD/CEO; Abubakar Sadiq Maina. Before resuming at AICL, Abubakar Maina has been an investment banker working at United Capital Plc, Afrinvest West Africa, and Buraq Capital as the head of advisory. He has diverse experience in investment banking which cuts across project […]
Abuja Investments Company Limited (AICL) on Tuesday the 29th June 2022, took DGM global, a UN grant for sustainable development, on a tour of select project sites in Abuja the Federal Capital Territory. This was following an MOU signed between AICL and DGM in 2019. DGM’s visit to Nigeria is to inspect current projects undertaken […]
The new Petroleum Industry Act 2021 which was recently assented and signed into law by the President of the Federal Republic of Nigeria on August 16th, 2021 to repeal the extant Petroleum Act 2004, has created an array of provisions and innovations that will affect the private, public sector and stakeholders in the oil and […]
After the waned half-year (H1) earnings season ushered in the bears on the Nigerian Exchange, stock buyers focus has now shifted to the third-quarter (Q3) financials results of listed companies expected to be released on the Bourse next month –hopefully the result will serve as a positive trigger. Already, some companies have started notifying the […]
“For Nigeria to bridge the recessionary gap and attain a long-term GDP growth trajectory that is both sustainable and job-creating, the timing and pace of economic reform are crucial and cannot be politicised. The subsidies in the economy have to be tackled. The most notable are the ones on forex, fertilisers, petrol, electricity and the […]
In 2020, Nigeria experienced its deepest recession in two decades, but growth resumed in 2021 as pandemic restrictions were eased, oil prices recovered, and the authorities implemented policies to counter the economic shock. Nigeria was highly vulnerable to the global economic disruption caused by COVID-19, particularly due to the decline in oil prices. Oil accounts […]
Abuja Investments Company Limited is 100% owned by the Federal Capital Development Authority (FCDA) and serves as the flagship investment and holding company for the FCT.