FG signs MoU with Russian firm to complete Ajaokuta steel coy
Sept. 20, 2024 The Federal Government has signed a Memorandum of Understanding (MoU) with the Russian firm, Tyazhpromexport (TPE), the original builders of the Ajaokuta Steel Plant, and members of…
TD Africa dangles discounts on Mercury inverters
In response to Nigeria’s epileptic power supply and the need for a cost-effective back-up, TD Africa, the authorised distributor of Mercury Inverters on the continent, is encouraging Nigerians to take…
Maida, NCC EVC, seeks stakeholders’ input on deployment of 6GHz spectrum
It is my pleasure to welcome you to this historic event where Nigeria is set to join the league of countries already utilizing part of the 6GHz band for Wi-Fi -6 applications….
World Bank climate finance reaches record $42.6 bln in fiscal 2024
September 19, 2024 The World Bank Group said on Thursday it delivered a record $42.6 billion in climate finance during fiscal 2024, a 10% increase over the $38.6 billion the…
OPEC Reveals Real Reason Behind High Fuel Prices In Nigeria
September 19, 2024 Organisation of Petroleum Exporting Countries, OPEC, Secretary General, Haitham Al Ghais, has revealed that the real reasons behind high fuel prices lie elsewhere primarily in taxes imposed…
Lagos GDP has increased in last 5 years – Sanwo-Olu
September 19, 2024 Lagos State Governor, Mr. Babajide Sanwo-Olu, said the State’s Gross Domestic Product (GDP) has increased significantly in the last five years of his administration due to well…
iPower Inverters leading the charge for alternative energy solutions
Finding a reliable power solution can feel like searching for a needle in a haystack. As Nigeria grapples with its myriad of challenges, one issue that refuses to bow is…
proposed Lekki-Epe Int’l Airport: LASG seeks partnership with European construction company
Sept. 18, 2024 The Lagos State governor, Babajide Sanwo-Olu has led a delegation on a two day working visit to Portugal in a drive to attract skilled, trustworthy, and capable…
FAAC: ECA stands at $473 thousand as FG, states, LGCs share N1.203trn for August
Sept. 17, 2024 The Federation Accounts Allocation Committee (FAAC), has shared N1.203 trillion revenue among the Federal Government, states and Local Government Councils (LGCs). According to a communique issued by…
$550m Ubeta upstream gas project kicks off – Presidency
Sept. 17, 2024 The Presidency has announced the take-off of the 550 million US Dollar upstream gas project between the Nigerian National Petroleum Corporation Ltd. (NNPCL) and TotalEnergies on development…