Schneider Electric, a leading global provider of energy management and automation solutions, has further solidified its commitment to Africa's economic growth by opening a new office headquarters in Aromire, Ikeja, Lagos.
The new facility will serve as a central hub...
The Lagos State Commissioner for Agriculture, Abisola Olusanya, has announced plans to implement stringent monitoring of agricultural investments to track state support and hold all stakeholders in the food value chain accountable.
Speaking at the Agriculture & Allied Group 2024...
The latest Purchasing Managers' Index (PMI) released by the Central Bank of Nigeria (CBN) has indicated a positive shift in the country's economic activities. The composite PMI for August 2024 stood at 50.2 index points, marking the first expansion...
The Bank of Industry (BoI) has reaffirmed its commitment to supporting local companies that have continued to invest in Nigeria despite the challenges posed by the global economic downturn.
During a facility tour of several BoI-funded companies in Lagos, Dr...
The Global System for Mobile Communications Association (GSMA) has urged the Nigerian government to reduce telecom taxes to stimulate investments, boost the country's digital economy, and enhance connectivity.
Angela Wamola, Head of Sub-Saharan Africa at GSMA, highlighted that Nigeria's complex...
Indigenous oil firm, Belemaoil Producing Limited, has appointed Ahmadu Sambo as its new Managing Director/Chief Executive Officer (MD/CEO) and Emmanuel Onos as its Chief Financial Officer (CFO). The duo brings a wealth of experience in the oil and gas...
As the September 15 deadline for linking National Identification Number (NIN) to Subscriber Identification Module (SIM) cards approaches, subscribers are expressing growing frustration over the challenges they face in uploading their details on the National Identity Management Commission (NIMC)...
In an attempt to address the recurring issue of national grid collapse, the Federal Government has announced plans to construct a "super grid." This announcement was made by the media aide to the Minister of Power, Bolaji Tunji,...
The long-awaited commencement of fuel production by the Dangote oil refinery is set to revolutionize Nigeria's economy. According to Ogun State Governor, Dapo Abiodun, the refinery will eliminate the persistent fuel shortages that have plagued the nation for decades,...
The global market experienced a significant downturn on Wednesday, with Asian stock markets mirroring the previous day's sharp decline on Wall Street. The downturn was primarily driven by a 9.5% slump in Nvidia, a leading chipmaker, which triggered a...
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