Godwin Obaseki, Governor, Edo State, has disclosed that MainOne and Facebook have invested $20m for the development of terrestrial fiber infrastructure in the state. Obaseki made the disclosure in Dubai,…
The Board of the African Development Bank has approved a $15m investment package for Infrastructure Credit Guarantee Company, to support infrastructure financing through the domestic debt capital markets in Nigeria.…
The Federal Government was to issue Promissory Notes worth N195.08bn to 270 companies to settle part of the Export Expansion Grant liabilities to exporters. The amount is expected to bring…
The Executive Directors of the World Bank have unanimously selected David Malpass as the 13th President of the World Bank Group for a five-year term beginning on Tuesday, April 9,…
Nigerian entrepreneur Fajemi Gognaje, 35 years old, started a new business in 2016, selling agricultural inputs like seed and fertiliser. Under a new contract with Cultivating New Frontiers in Agriculture…
The Central Bank of Nigeria has said the country attracted $6 billion foreign investments in the first three months of the year. Speaking with journalists at the end of the…
Nigeria is building a new deep-sea port and considering two additional facilities to ease congestion in the main harbors of the commercial capital, Lagos, which currently handle about 80 percent…
The Nigerian National Petroleum Corporation (NNPC) has expressed its commitment to a zero gas flare regime for every new gas project, even as it trains its sights on commercializing existing…
The Federal Government said it plans to set up cashew processing plants in four states of the country to add value to the product and create employment, wealth in the…
Anambra State Governor, Willie Obiano of Anambra has inaugurated a modern fish feed production plant valued at N1.2 billion in Onitsha to boost fish business in the state. The News…