Nigeria safe for business, says Lekki Free Zone MD
The Managing Director of the Lekki Free Zone Development Company, Dai Shunfa, has stated that despite existing challenges and negative perceptions, Nigeria…
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Chinese geologists discover massive mineral deposits in C’River
A new geological exploration exercise jointly conducted by the Cross River State government and a team of Chinese geologists has revealed extensive…
W’Bank to disburse $500m loan for Nigeria’s Project BRIDGE
The $500 million loan from the World Bank for Nigeria’s Building Resilient Digital Infrastructure for Growth project, also known as Project BRIDGE,…
Nigerian-made solar panels are now world-class, says LPVT
In a major stride for Nigeria’s renewable energy sector, LPV Technologies’ locally manufactured solar panels have earned the prestigious TÜV SÜD certification,…
Trump’s war threat drags naira, equities market down sharply
Nigeria’s financial markets opened the month on a downturn as both the naira and equities weakened sharply on Monday, following remarks by…
Naira trades at ₦1,421.73/$ on official foreign exchange market
The Nigerian naira traded at ₦1,421.73 to the United States dollar on the Daily Nigerian Foreign Exchange Market on Monday, November 3,…
GenCos record ₦2.31tn loss from unutilised power in 12 years
Nigeria’s power generation companies have incurred losses amounting to ₦2.31 trillion over the past twelve years due to electricity that was available…
Afreximbank partners Ogun to finance fabric processing zone
The African Export and Import Bank is set to partner with the Ogun State government to drive fabric processing finance amid its…
W’Bank to review Nigeria’s $1bn loan application Dec 16
The World Bank has fixed December 16 as a tentative approval date for a fresh $1bn Development Policy Financing loan to the…
Cross River, World Bank partner to train teachers
The Cross River State government, in collaboration with the World Bank’s Project Hope Education, has commenced an intensive training programme for teachers…
Kebbi FA debunks rumours of fund misappropriation on FIFA project
The Chairman of the Kebbi Football Association, Alhaji Abubakar Chika-Ladan, has dismissed allegations of misappropriation of funds and poor execution of the…
Samsung Electronics unveils world’s largest LCD screen
Samsung Electronics has expanded its professional display portfolio with the launch of the 115-inch QHFX 4K Smart Signage display, which the company…