The West Africa Container Terminal (WACT) is quickly earning a reputation as the gateway to Eastern Nigeria and a strong alternative to ports in Lagos. Investment in the Phase 2 upgrade, due to commence within the next…
Lifestores Healthcare, a health startup in Nigeria, has raised a sum of N365 million in a seed round that involved Flying Doctors Nigeria Group and others. The seed round, led by Consonance Kuramo, had other participants like the…
Three Nigerian startups, Guava, Wellvis and Proximate Agro, have been shortlisted for the first edition of the Vertebra Incubation program. This program will give them access to mentorship and funding from potential investors which include the Bank of…
Ekiti State has a huge potential in rice production but over the years its capacity has been hampered by poor credit facilities for farmers and lack of modern equipment. With the partial closure of land borders by…
The Ebonyi State Government and National Automotive Design and Development Council have expressed readiness to partner in the establishment of an electric-powered vehicle assembling plant in the state. The agreement was reached when the Governor of the…
Succour is on the way for Ondo State as the government declares that the deep seaport project would attract over N500billion investments to the host communities in Ilaje Local Government Area, when completed. Ondo State Governor, Oluwarotimi…
President Muhammadu Buhari today (25/02/2020) commissioned the industrial park in Ore, Ondo State. Speaking at the occasion, President Buhari congratulated Governor Rotimi Akeredolu and the people of the State on what he called a remarkable project. The…
The Central Bank of Nigeria is offering N90bn soft loan facility for small scale agriculture enterprises. A statement from the Senior Special Assistant to the President on Media & Publicity, Office of the Vice President, Laolu Akande,…
Cormart Nigeria Limited, a chemical and food raw materials company and a member of TGI Group, says it is partnering with Barry Callebaut, a global manufacturer of high-quality chocolate and cocoa products. A statement said the two…
The Federal Government has commenced the first phase of biometrics registration of illegal miners in the country. This was done with the flag-off of the Presidential Artisanal Gold Mining Development Initiative (PAGMI) in Yauri Local Government Area…