Peter Obi, the 2023 Labour Party presidential candidate and former governor of Anambra State, has defended his administration’s investment in the state brewery, claiming that in spite of criticism, it is still a significant economic asset. Obi described the difficulties he encountered in luring investment to Anambra in an interview […]
BUSINESS
In an effort to counter the dominance of well-known international companies and offer evaluations that more correctly reflect the continent’s economic reality, a new African-led credit rating agency is scheduled to launch by the end of September, Bloomberg said on Monday. By the end of 2025 or the beginning […]
As the world commemoratesWorld Environment Day 2025 with the theme “Beat Plastic Pollution”, Chevron Nigeria Limited (CNL) has announced a remarkable 97% reduction in routine gas flaring. The company reaffirmed its commitment to environmental stewardship and sustainable development in line with this year’s global call to action. Plastic pollution defined […]
The Nigerian Senate has confirmed that President Bola Tinubu’s administration is dedicated to seeing the $25 billion gas pipeline project between Nigeria and Morocco through to completion. Sen. Jimoh Ibrahim, the chairman of the Senate Committee on Inter-Parliamentary Affairs, provided the guarantee during the African Parliament’s executive session, which is […]
According to the Lagos State administration, in 2024, fire occurrences throughout the state caused the loss of property valued at N19.52 billion. This was revealed by Mr. Olugbenga Oyerinde, the Commissioner for Special Duties and Intergovernmental Relations, at the current ministerial press briefing on Wednesday to commemorate the second year […]
Nigeria is making waves in the African startup ecosystem, with five Nigerian startups securing top spots on the Financial Times’ 2025 list of Africa’s fastest-growing companies. The country claims 28 positions on the prestigious list, second only to South Africa’s 51. The rankings, compiled in collaboration with Statista, are based […]
IXPN, Nigeria’s leading Internet Exchange Point, is proud to announce a landmark achievement: crossing 1 Terabit per second (1Tbps) in aggregate peak domestic internet traffic for the first time. This milestone signifies a major leap forward in developing Nigeria’s internet infrastructure and underscores the critical role of local internet infrastructure […]
The National Information Technology Development Agency (NITDA) has signed a Memorandum of Understanding with SecDojo, SAS, a cybersecurity training and upskilling company with headquarters in France, in continuation of its efforts to implement the current administration’s agenda of strengthening national security by committing to strong cybersecurity measures and digital trust […]
…… Signs Position Paper To Formalise Collaboration In order to encourage sustainable plastic waste management in Lagos State through circular economy principles, the Lagos Waste Management Authority (LAWMA) has teamed up with the Food and Beverage Recycling Alliance (FBRA) and the United Nations Industrial Development Organisation (UNIDO). The initiative tagged, […]
In order to improve the ability to respond to threats in a proactive and preventative manner, the Honourable Minister of Police Affairs, Senator Ibrahim Gaidam, has reaffirmed the necessity of establishing a smooth and safe system for exchanging intelligence in real time. He made this statement at the Army War […]