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Business & Economy
AfDB secures $32.8bn for Lagos-Abidjan mega highway, others
The African Development Bank (AfDB) said that it has secured $32.8 billion in investment commitments for projects in Africa.
The largest deal secured at the recent three-day Africa Investment Forum was $15.6 billion for the Lagos-Abidjan…
DMO: Nigeria borrowed over N6trn in 2021 — debt stock now N39.6trn
The Debt Management Office (DMO) says Nigeria’s total public debt stock climbed to N39.556 trillion in 2021 against N32.915 trillion in the previous year.
Patience Oniha, director-general of DMO, said this on Thursday at a media briefing…
EFCC arraigns UBA worker over N452m fraud
The Economic and Finacial Crimes Commission (EFCC) arraigned one Judith Nneka Nwagwu, a staff of the United Bank for Africa(UBA), before Justice D.A Onyefulu of the Anambra State High Court sitting in Onitsha on a seven-count charge…
DEEP BLUE PROJECT: House Committee on Navy commends NIMASA transparency
…as project earns international recognition
The Chairman House of Representatives Committee on the Nigerian Navy, Honorable Yusuf Gagdi has commended the Management of the Nigerian Maritime Administration and Safety Agency, NIMASA,…
GTCO, Lead Sponsor Of NUGA 2022 Receives Torch of Unity From UNILAG
Guaranty Trust Holding Company Plc (GTCO), the lead sponsor of the 26th edition of the Nigerian University Games Association (NUGA), at a ceremony in Lagos, was presented the Torch of Unity by the host institution, the University of Lagos…
Ecobank to pay $40 million dividends to shareholders
The Pan-African banking group, Ecobank Transnational Incorporated (ETI) is set to pay its shareholders dividends of $0.16 per share totaling $40 million for the year ended December 31, 2021.
This implies approximately CFA90, N66.6, or…
Ease of Doing Business at the Ports: NPA to intensify synergy with Lagos State Government
In a renewed resolve to promote the business-friendliness of Lagos Ports, Managing Director of Nigerian Ports Authority, Mohammed Bello-Koko, has said that the authority is poised to deepen partnership with the Lagos State Government.…
SON partners NFIU to tackle menace of substandard products
The Standards Organisation of Nigeria (SON) has entered into a strategic partnership with the Nigerian Financial Intelligence Unit (NFIU) to tackle the menace of fake products in the country.
The Director-General, SON, Malam Farouk…
Dangote Cement has fueled jobs creation in Tanzania, Defence College
The National Defence College (NDC) of Tanzania has commended Dangote Cement for fueling job creation in the country.
The Commandant of the College, Major Gen. IM Mhona, stated this when he led a delegation of…
Lekki Port: Amaechi commends promoters as project reaches 80% completion
Paul Ogbuokiri
Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi has expressed satisfaction with the increased pace of work on the construction of the Lekki Deep Sea Port.
Amechi made the comments in Lagos on…