Edo State will receive a $100 million foreign direct investment as Belgian agro-industrial group SIAT NV injects fresh capital into Nigerian palm oil producer Presco Plc, part of a longer-term $1 billion commitment to expand operations in the country over the next decade.
The funds, the first tra
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
