October 2021

The federal government through the Bureau of Public Enterprise (BPE) has said 12 hydropower plants are slated for concession in five states and the Federal Capital Territory (FCT). The director-general, BPE, Alex Okoh said the concession is…

Delta Air Lines, the longest-serving US airline to Africa, has announced that it would resume its nonstop service between Lagos and New York-JFK in December, thus restoring the popular route for the festive season. Delta said it…

The Federal Government, on Thursday, launched the made-in-Nigeria barite, saying it would save the country the foreign exchange spent on the importation of the product. Barite is used as a weighting material in oil and gas drilling,…

Akwa Ibom State Government has expressed its readiness to partner an American-based Company, Hucha Technologies Incorporated to Build, Operate and Transfer (BOT) businesses in areas of Fabrication Technology, Mining and Wealth creation in the State. The State…

South Africa-based application programming interface (API) fintech company, Stitch announced plans to expand to Nigeria after raising a $2 million seed extension. The new funding round brings the company’s total seed funding to $6 million. The Stitch…

Abuja October 30 – Kalaekule, a key oil field in the Niger Delta Basin which produced crude oil between 1985 and 2002 peaking at 22,000BOPD in 1999 but has been dormant since then, is being planned for…

The University of Lagos, Centre for Housing and Sustainable Development (CHSD), has received a research grant of €1.9m (one million, nine hundred pounds) awarded under the UK Research and Innovation (UKRI) for Global Challenge Research Fund (GCRF)…

Anambra State International Cargo and Passengers Airport will commence commercial operations on October 30, 2021, the state has announced. This was made known by the Governor of the state, Chief Willie Obiano, in Awka, the state capital….

The sum of N300 million ($750,000) has been earmarked by Olam and its subsidiary, Crown Flour Mill Limited (CFM) in a 10-year project to set up community seed enterprises for Nigerian farmers. The project, which was launched…

IoT Africa Networks Limited one of the emerging leaders of internet of things in Africa, has signed an agreement with Sigfox, the world’s leading IoT service provider, to become the official Sigfox Operator in Nigeria. Launched in…