NSIA invests $1bn in healthcare, renewable energy
Nigeria's Sovereign Investment Authority, the country's flagship sovereign wealth fund, has declared its plans to invest $ 1 billion in healthcare and solar energy over the next three years. Bloomberg…
How Kaduna govt spent N43.8bn in Q1 2023 – Report
Kaduna State Government's First Quarter Budget Performance Report has revealed that the state spent N43.8 billion out of the N89.1 billion generated in the first quarter of 2023. According to…
MTN to build new $320m fiber network
The largest mobile network provider in Africa, MTN Group Ltd., plans to invest $320 million in an inland fiber cable that will link 10 countries as the continent's population continues…
SpaceX hires former NASA top official for starship program
Elon Musk's SpaceX has recently hired a former NASA top official, Kathy Lueders, who recently retired from the agency. CNBC learned from sources familiar with the new development that “Lueders’…
Watch your debt profiles, Ngozi Okonjo-Iweala advises Nigerian govs
The Director General of the World Trade Organization, Ngozi Okonjo-Iweala, has cautioned the governors of Nigeria's 36 states to avoid taking on debt that could impede their efforts to deliver…
Buhari re-appoints Emeka Ngige as Council of Legal Education Chairman
The President, Major General Muhammadu Buhari has reappointed Chief Emeka Ngige (SAN) as the head of the Council of Legal Education. Independent News reported that the newly changed council, which will…
Inflation rate records 22.22% increase
The inflation rate in Nigeria rose to 22.22 percent in April from the 22.04 percent recorded in March, marking the fourth consecutive month of growth. This is in…
NECA calls for suspension of new manufacturing tariffs
The federal government has been urged to halt the proposed tariff hike for the manufacturing sector, according to the Nigeria Employers Consultative Association. Nairametrics reported that according to them, the…
Stanbic IBTC Pension tasks workers to plan for retirement
The Executive Director of Stanbic IBTC Pension Manager, Nike Bajomo, has encouraged employees and customers to gain the necessary knowledge to lead a comfortable life after retirement. According to The…
Surveyor institute instructs members to ensure proper land coordinates
The Nigerian Institute of Surveyors has instructed its members to ensure precise land coordinates in order to prevent land disputes and the potential for disorder. The Punch reported that instruction…
FG’s development plan designed to secure Nigeria’s future – Minister
The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, has stated that the National Development Plan (2021-2025) has been formulated to ensure the future of Nigeria is secure.…
SERAP warns World Bank against $800m loan to FG
Kazeem Owoseni A human rights organization, Socio-Economic Rights and Accountability Project has warned the World Bank to shelve the idea of disbursing the $800 million loan recently requested, to the…
