Representatives of leading Chinese pharmaceutical firms are in Nigeria to explore chances of cooperation with local partners. A Chinese delegation, led by Tan Shengcai, secretary general of the China Chamber of Commerce for Import and Export of…
Paystack, a Lagos, Nigeria-based payments company, raised $8m in Series A funding. The round, which brought total investment to date to more than $10m, was led by Stripe, with participation from Visa, follow-on funding from Tencent and…
About 2.05 per cent growth recorded in the non-oil sector in the second quarter of the year is evidence the Economic Recovery and Growth Plan (ERGP) implementation is yielding positive results, the Minister of Budget and National…
One of the oldest conglomerates in Nigeria, AG Leventis Plc has started the assembling of Volkswagen (VW) trucks in Ibadan, Oyo State. This move is a boost by Nigeria’s National Automotive Policy, which is aimed at encouraging…
Prof Steve Ugbah, Nigerian Ambassador to the Russian Federation with concurrent accreditation to the Republic of Belarus, made the pledge when the Chairman Russia –Nigeria Council (RNBC), Mr Dmitry Osipove, visited him in Moscow. In a statement…
The Federal Government on Saturday commenced work on the Mayo-Belwa-Jada-Ganye-Toungo road in Adamawa valued at N22.69 billion. The project was inaugurated by the Minister of State for Power, Works and Housing, Alhaji Mustafa Shehuri in Mayo-Belwa, Adamawa…
Nigeria’s hotel sector is expected to be the fastest-growing in Africa over the next five years, a report by PricewaterhouseCoopers (PwC), has said. According to the report which is the eighth edition of PwC’s ‘Hotels Outlook: 2018-2022’,…
Dangote Industries Limited (DIL) and German Equipment Manu-facturers Association (VDMA) have formally opened the Train-the-Trainer (Didactic & Rhetoric) Course (ToT) under the Dangote VDMA Initiative on Technical Education & Vocational Training (TVET). The programme which took place…
Edo State Governor, Mr. Godwin Obaseki, has described the 1, 800-unit Emotan Gardens project being developed in partnership with MIXTA Africa, as a project that will stimulate economic growth in the state. Obaseki The housing project is…
The Kebbi State government last year earned about N150 billion from the sale of its locally cultivated rice, the Governor, Senator Abubakar Atiku Bagudu, has said. The governor disclosed this when he played host to Executive Secretary…