FG targets production of 400,000 tonnes of iron rods in Ajaokuta, to raise N35bn for light steel
Jan. 11, 2024 The Federal Government is to raise about N35 billion for the Ajaokuta Light Steel mill through the local financial market. Mr. Shuaibu Audu, Minister of Steel Development,…
SUPA: the new frontier for shared prosperity, By Temitope Ajayi
With the increasing demand for blue-collar workers in Europe,, North America and Asia, the Federal Government, through the Industrial Training Fund, is now working to up the skills of artisans…
Local Value Addition Essential for Mining Sector Development – Alake
The Minister of Solid Minerals Development, Dr. Dele Alake has rallied the support of the international community for local value addition in the mining sector, asserting that it is critical…
Renewable energy growth must accelerate to reach 2030 goal-IEA
Jan. 11, 2024 Global renewable energy capacity is expected to grow by two and a half times by 2030 but governments need to go further to achieve a goal of…
CBN dissolves boards, management of Union, Keystone, Polaris banks
Jan. 10, 2024 The Central Bank of Nigeria (CBN) has dissolved the boards and management of Union Bank, Keystone Bank, and Polaris Bank. Mrs Hakama Sidi-Ali, Acting Director, Corporate Communications…
NNPC Ltd. allocates four February crude oil cargoes to Dangote
January 10, 2024 The Nigeria National Petroleum Company Limited (NNPC Ltd) is expected to supply four crude cargoes from its February programme to the $20 billion Dangote refinery, which is…
No sugar price increase during Ramadan – sugar refineries
In a commendable alignment with the Federal Government’s agenda for food security and economic stability, major sugar refineries across the nation have pledged to not increase sugar prices during the…
Innovate, Adapt, Conquer: Guide to Digital Dominance in 2024, by Reuben Kalu
In the ever-evolving landscape of the digital realm, staying ahead of the curve is paramount for businesses seeking success. As we enter 2024, a new era unfolds, presenting fresh challenges…
Jumia Food exit: How much longer can Jumia hold out in Nigeria?
The recent announcement of Jumia Food’s exit from Nigeria, its biggest market, has set alarm bells ringing among industry watchers. Dr. Fred Bongani, a former employee and founding staff, examines…
FG set to build world-class fashion hub in Makurdi in the next 3 months
Jan. 9, 2024 The Federal Government is set to establish a world-class fashion hub in Makurdi, Benue State in the next 90 days. Vice President Kashim Shettima, disclosed this at…