FG to fund 53 road projects with N150b Sukuk bond The Federal Government has said that it will deploy the N150 billion that would be raised from the ongoing Sukuk bond issue to fund the construction of 53 road projects across the country. This was even as it[Read More…]
USAID organises roadshow to introduce American investors to opportunities in Nigeria The United States Government, in partnership with the U.S. Agency for International Development (USAID) Mission in Nigeria and the U.S. Prosper Africa and Power Africa initiatives, is organizing a roadshow scheduled from October 9 to 13 to introduce[Read More…]
Africa will earn over $70bn from internal trading – AfCFTA The Africa Continental Free Trade Area has said that internal trading will earn Africa more than $70 billion development assistance. The Chief of Staff of the AfCFTA Secretariat, Silver Ojakol, made the assertion at the 2023 Regional Integration Issues Forum[Read More…]
Kerosene prices rise by 57.18% in August — NBS Household kerosene prices surged by 57.18 per cent, reaching N1,272.40 per litre in August, according to the National Bureau of Statistics. The NBS’ National Household Kerosene Price Watch report noted that this sharp increase from last year’s N809.52 in August 2022[Read More…]
Blue Economy Will Offer 350 Million Jobs If Adequately Harnessed — NIMASA DG Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, has said the blue economy will offer 350 million jobs to Nigerian citizens if adequately harnessed. Jamoh, who was represented by the Acting Coordinator of[Read More…]
NNPCL says no plans to hike petrol The Nigerian National Petroleum Company Limited (NNPCL) has debuted reports that it is planning to increase pump price of Premium Motor Spirit (petrol) as unfounded lies. In a statement posted on Friday on its official X handle (formerly Twitter) the management of[Read More…]
10 finalists emerge at Wema Bank’s Hackaholics Ten finalists on Monday, emerged at Wema Bank’s Hackaholics 4.0. grand finale pre-pitch competition. The finalists won over N50m cash prizes, aimed to boost innovation and technologies to create a solution-driven environment. According to the bank, “Wema Bank’s youth & start-up-focused initiative[Read More…]
IHS Towers Meets Tinubu, Invests $200m In Green Energy Solutions IHS Towers, one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has said its operations have earned Nigeria a strong foothold in the global telecommunications market. The company made[Read More…]
FG eyes infrastructure, non- oil export to drive economy The Federal Government has recommitted on infrastructural development and growth of the non- oil sector by putting measures in place to further expand the sector for foreign exchange earnings. Vice President, Senator Kashim Shettima lamented that the government cannot rely[Read More…]
50,000 Nigerians benefit from Huawei ICT talent seeds initiatives No fewer than 50,000 Nigerians have benefited from the Huawei Cultivates ICT talent seeds in Nigeria. The Chinese firm, which was founded in 1987, as a global provider of ICT infrastructure, also planned a 30,000 people project for next three[Read More…]
