The National Automotive Design and Development Council (NADDC) said automotive manufacturing companies in Nigeria made over $1 billion investments into the country’s economy in the year 2019. With this latest development, the Council said Nigeria’s auto industry…
The Federal Government has initiated moves to resuscitate the moribund facilities at the Omor-Adani Staple Crop Processing Zone to increase rice production under phase one of the Agricultural Transformation Agenda Support Programme (ATASP–1). This followed resolution of…
THE Nigerian Content Development and Monitoring Board (NCDMB) and Rungas Prime Industries Limited are partnering to establish a 400,000 per annum Type 3 liquefied petroleum gas (LPG) Composite Cylinder Manufacturing Plant in Polaku, Bayelsa State. The Executive…
Lagos State Government has opened a new chapter in its stride towards attaining self-sustenance in finance and governance. Governor Babajide Sanwo-Olu on Wednesday, signed documents for the issuance of N100.33 billion bond, which the State raised from…
The National Sugar Institute (NSI) of India and the National Sugar Development Council (NSDC), on Wednesday, signed a Memorandum of Understanding (MoU) for the establishment of a Sugar Institute in Nigeria. The MoU was signed by the…
The Akwa Ibom State government will soon list the shares of its own Ibom Airlines, the governor, Udom Emmanuel, disclosed on Tuesday in Uyo. The governor disclosed this when the Director-General of the Bureau of Public Enterprises (BPE),…
LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, has announced, on behalf of the Otakikpo Joint Venture which is made up of Green Energy International Limited (“GEIL”), the…
The Minister of Communications and Digital Economy, Dr Isa Pantami, has expressed delight as the Mobile Telephone Network (MTN) budgeted 1.6 billion dollars to invest in the Nigerian market within the next three years. Pantami said this…
Fidelity Bank Plc has brought succour to physically challenged Chemical Engineering graduate, Mr. Micheal Sowunmi who is fondly referred to as “the world’s greatest teacher” on account of his love for teaching. Mr. Sowunmi has been offered…
The year 2019 was a good year for Nigerian telcos – at least most of them. With mouth watering offers and promos for their subscribers, the battle for supremacy among the them was pretty intense as the…