There is need for President Muhammadu Buhari to initiate a dynamic economic policy to capture Nigerians’ diaspora remittances of $25 billion which exceeds foreign direct investments in 2018. President Buhari should package and treat diaspora remittances as part of our foreign direct investment. For many developing countries, remittances have begun to significantly exceed foreign direct investment , capital market flows, or official development assistance .
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Estate agents call for Real Estate Investment Trusts review – Daily TrustThe Association of Estate Agents of Nigeria (AEAN) has called for a review of the Real Estate Investment Trusts (REITs) laws to allow direct investment of pension fund in real estate development. Mr. Adeolu Ogunbanjo, AEAN Chairman, made the call in an interview with the News Agency of Nigeria (NAN) in Lagos on Friday.ADVERTISEMENT According …
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China strengthens patent, investment laws – Daily TrustChina has reformed its laws for the protection of intellectual property rights by raising fines for violations. The patent reforms, which are part of the draft made by the legislature through the Standing Committee of the National People’s Congress, is meant to address difficulties in collecting evidence in patent lawsuits.ADVERTISEMENT According to Reuters, violators of …
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