The Executive Vice Chairman/Chief Executive Officer, National Agency for Science and Engineering (NASENI), Dr. Bashir Gwandu has called for stronger collaboration between the Air Force Institute of Technology (AFIT), Kaduna and his agency for the take-off of the permanent site of Aeronautics and Air Vehicle Development Institute (AAVDI), an Institute under NASENI. The NASENI boss, who […]
Infrastructure & Capital Projects
52% Of Africa’s Firms Lack Preventive Capacity For Cyber Attacks – Report
Dell Technologies, a leading global ICT firm, has reported that 52% of companies in Africa lack the capacity to handle a large-scale cyberattacks. The company made this disclosure in a report presented at a forum in Lagos, organized in collaboration with CWG and Mitsumi, to share insights on how companies could frontally tackle the increasing […]
Osun Governor Seeks NASENI’s Support For Economic Growth, Job Creation
Osun State Governor, Mr. Ademola Adeleke, has expressed the interest of the Osun State citizens to participate in the on-going Skill Acquisition Training and Youth Empowerment Programme by the National Agency for Science and Engineering Infrastructure (NASENI). This is even as the governor requested the Agency’s management to fast-track take- off of the proposed Agricultural Machinery and […]
Reforms Will Boost Investment In Nigeria’s Oil Industry – Seplat CEO
The Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown, has advocated the need for regulatory reforms and other measures in Nigeria’s upstream and midstream segments of the energy sector as a strategic step towards attracting more investments into the hydrocarbon resources industry. Brown, who made this remark at the 2023 Nigeria Oil & Gas […]
Elumelu Advocates Energy Mix Investment For Affordable Energy In Africa
The Chairman of Heirs Holdings, Mr. Tony Elumelu, has urged investors in climate finance for energy in Africa to commit investments to a mix of on and off-grid solutions in order to achieve affordable, reliable, and accessible green energy in Africa. The renowned banker and leading hospitality and tourism investor made this remark at a […]
AfDB, Partners Seal Pact On $500Mn Africa50 Infrastructure Fund
African and global institutional investors have signed the agreement on the new $500 million Africa50 Infrastructure Acceleration Fund, the first private vehicle infrastructure platform launched by Africa50. The collaboration, which is described as an unprecedented milestone for Africa, brings together a diverse group of influential stakeholders from Africa comprising 17 African shareholders—including sovereign wealth funds, […]
NACCIMA Lauds Tinubu On Tax Policy Measures, Others
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has described the recent interventions by the Federal Government on some recent tax changes as part of its efforts to mitigate tax burdens on businesses nationwide. The President of the organized private sector (OPS) group, Barrister Dele Kelvin Oye, in a statement issued […]
FibreOne Broadband Offers FCT Residents 30% Discount
FiberOne Broadband is offering 30% discount on all installation costs to subscribers in the Federal Capital Territory (FCT) as part of its marketing strategies elevate their internet experience with FiberOne Broadband and enjoy unparalleled fast speeds. FiberOne Broadband is a renowned provider of high-quality and truly unlimited superfast internet services, known for its commitment to […]
Nigeria To Redeem $500Mn Eurobond Loan This Month
Nigeria is obliged to redeem a $500 million Eurobond this month following the repayment timeline despite the current fiscal and economic headwinds the Nigerian government is contending with now. Available data on the foreign debt instrument repayment terms sourced from the Debt Management Office (DMO) indicate that the $500 million Eurobond loan is due for […]
Nigeria’s Active Mobile Subscriptions Drop To 220.9Mn
The Nigerian Communications Commission (NCC) has reported that active subscriptions for mobile services in Nigeria dropped to 220.9 million in May 2023, representing 1% or 2.4 million decrease from the active subscriptions reported the preceding month. The May figures indicated the third consecutive month of declining trend in mobile subscription level. In April there was […]