Scatec Solar has signed a Joint Development Agreement (JDA) with Africa50, an African Infrastructure Fund sponsored by the African Development Bank and more than 20 African States and Norfund (the Norwegian Investment Fund for Development Countries), securing…
The Governor Willie Obiano-led administration in Anambra State, says it has attracted over $4 billion investments into the State in two years. Obiano, who revealed this at the award ceremony to round-off the silver jubilee celebration of…
Nigeria’s minister of Transportation, Rotimi Amaechi said firms from the United Kingdom have revealed plans toinvest over $1bn (about N305bn) in the transport sector of the Nigerian economy. According to him, the investments, expected to come on…
The Nigerian National Petroleum Corporation (NNPC) has slated a comprehensive rehabilitation of the nation’s three refineries located in Port Harcourt, Warri and Kaduna to achieve optimal capacity utilization for next year. The Chief Operating Officer (COO), Refineries,…
Nigeria is pursuing international partnership with Morocco to create collaborative platform for increased deployment of solar energy technologies to enhance security and sustainable development. The Minister of Environment, Amina Mohammed who disclosed this, while giving account of…
Paystack, one of Nigeria’s most hotly anticipated tech start-ups, has just secured $1.3M Seed investment from both international and homegrown investors. The investors include Tencent, Comcast Ventures and Singularity Investments, with participation from Spark, M&S Partners, Tokyo…
As part of its determination to create the enabling platform for industrialization by making energy resources available in the country the Federal Government is considering the possibility of signing  a treaty  to become a member of the…
For the first time in five months, Nigeria’s foreign exchange reserves has returned to the $25 billion it was before plunging to an 11-year-low of $24.76 billion earlier in 2016. As at yesterday, December 16, 2016, the…
Nigeria is to save over $25 million annually spent on importation of the popular water treatment agent called chlorine, as Wattccon sodium hypochlorite chemical plant for treatment of water and waste products is expected to be commissioned…
The campaign for made in Nigeria goods is further gathering momentum as SPAR Nigeria, which is part of the international restore stores chain has set machinery in motion to promote startups and small businesses across the country….