Over 50% poultry farms shut down in 2023 – Association
Jan. 25, 2024 The Poultry Association of Nigeria (PAN) has lamented the closure of over 50 per cent of its farms in 2023 due to the challenges in the sector….
Nigerian company begins operating $1.3 billion Chinese-funded power plant
January 25, 2024 Nigeria’s Mainstream Energy, which already runs two of the country’s biggest hydroelectric plants, has begun operating a new Chinese-funded facility, nearly a year after winning the concession,…
FG, Morocco in Talks to Expedite Gas Pipeline Project
In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco….
NOVAmbl Asset Management Dollar Fund Named Best Performer, 2023
NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on data…
Abiodun Seeks Support Of Lafarge, Others To Reconstruct Abeokuta-Ota-Lagos Expressway
The governor said reconstructing the road will have multiplier effects on the socio-economic development of the state, while companies who have their base of operations along…
European Union to invest €18m in vaccine research in Nigeria in the next 10 years
Jan. 25, 2024 The European Union (EU) says it will invest 18 million Euros to fund vaccine research in Nigeria. The Head of the EU Delegation to Nigeria and ECOWAS,…
Tinubu markets “talented” Nigerian youths to Mastercard Foundation
President Bola Tinubu says Nigerian youths are vibrant, talented, eager to learn, and ready to compete globally. He said this on Wednesday at a meeting with Ms Reeta Roy,…
CBN targets inflation decline to 21.4% – Cardoso
Jan. 24, 2024 Nigeria’s central bank is targeting an inflation decline to 21.4%, Governor Olayemi Cardoso said on Wednesday, adding that bank officials thought the country’s naira currency was undervalued….
Nigeria releases transgenic Tela maize for open cultivation, other high-yielding crop varieties
Jan. 23, 2024 The Federal Government has officially approved the commercial release and open cultivation of transgenic insect-resistant and drought-tolerant maize variety, known as TELA Maize, along with other high-yielding…
Blinken pledges $45m to boost coastal West Africa security
January 23, 2024 U.S. Secretary of State Antony Blinken on Tuesday pledged $45 million in additional financing to help fight conflict and bring stability to coastal West Africa, where insecurity…