June 2021

MKH Investment Limited, one of the fastest-growing real estate companies in Lagos, has extended its operations to Ibadan with the launch of its new office and the groundbreaking ceremony of Primehood Estate. The launching ceremony held on…

New solar power producer Westa.Solar has completed construction of a 500 kWp solar PV system on the roof of Petrichor Industries in Nigeria. The new company is a joint venture between RP Global and Oolu Solar. A…

The African Export-Import Bank (Afrexim) has disclosed its plans to support infrastructural development in Ogun State with $200 million. The fund, according to the bank, will be dedicated to projects and other developmental initiatives embarked upon by…

Reckitt has announced the opening of its Sub-Saharan Africa (SSA) Head Office in Lagos, Nigeria. The new office was inaugurated by H.E Ben Llewellyn-Jones, OBE, the British Deputy High Commissioner, on Monday, June 28, 2021. Reckitt has…

As part of steps to attract investment, President Muhammadu Buhari has authorized the Nigerian national Petroleum Corporation (NNPC) to acquire 20 per cent stake in any private oil refinery producing at least 50,000 barrels per day (bpd)….

Cross River State government has continued its campaign for Cocoa to be recognized and regarded as a major source local and foreign revenue for the state and federal government. To this end, in addition to the one…

Alibaba’s Cainiao Smart Logistics Network has announced its first air cargo route between Africa and China. Flights will operate six times weekly between Hong Kong and Lagos, Nigeria. Parcels will be able to get from China to…

Nigeria’s Azman Air has been given the tick of approval to fly its sole Airbus A340-600 on international flights. After a series of recent demonstration flights, Nigeria’s safety regulator cleared the plane to fly. Following a turbulent…

Indigenous flag carrier, Air Peace, has expressed readiness to open the West Coast and London operations. The airline said the new routes were motivated by the arrival of the third brand new Embraer 195-E2 jet into its…

The Federal Government has signed a Memorandum of Understanding with the Abia State Government to engage 3,000 youths for the revamp of the Ogwe Golden Chicken Farm Estate in the state. Also, the Federal Government announced on…