Abdul Samad Rabiu, the Chairman of BUA Cement, has attributed the high cost of cement in Nigeria to the exploitation of consumers by middlemen within the supply chain. Rabiu noted that the activities of these intermediaries have undermined his...
Despite a slight decline in inflation, Nigeria's persistent high prices continue to disproportionately affect the poor. The rising cost of living is exacerbating social inequalities, driving more families into poverty, and contributing to social discontent.
While the Central Bank of...
The Nigerian National Petroleum Company Limited (NNPC) is seeking strategic partners to operate and maintain the Warri Refining and Petrochemical Company (WRPC) and Kaduna Refining and Petrochemical Company (KRPC). To ensure the refineries' reliability and sustainability, NNPC has...
The Securities and Exchange Commission (SEC) has granted an approval-in-principle to DreamCity Capital, a pioneering digital real estate investment platform in Nigeria. This preliminary approval signifies that the platform's proposal aligns with regulatory standards and meets the SEC's requirements.
DreamCity...
Educational technology (EdTech), especially in the diaspora offers significant potential to enhance learning outcomes and improve student engagement. As schools seek to adapt to the evolving educational landscape, it's essential to consider the benefits and challenges of incorporating EdTech...
To address the pressing issue of malnutrition in North-West Nigeria, the World Food Programme (WFP) and the Economic Community of West African States (ECOWAS) have jointly provided $1 million in multi-purpose cash and nutritious food.
The support, part of a...
Dangote Cement Plc, a subsidiary of the Dangote Group, has been lauded by representatives in the House Committee on Solid Minerals for its significant contributions to Nigeria's industrialization drive.
During a recent visit to the company's Obajana plant in Kogi...
The Development Bank of Nigeria (DBN) has achieved a significant milestone, becoming the first Green Climate Fund (GCF) Direct Access Entity (DAE) in Nigeria. This accreditation grants DBN exclusive access to channel GCF's green financing resources directly to Nigerian...
The Securities and Exchange Commission (SEC), in collaboration with the African Development Bank (AfDB), is urging a significant increase in green finance as a strategy to combat climate change and promote a sustainable future for Nigeria.
This call to action...
The National Automotive Design and Development Council (NADDC) Director-General, Joseph Osanipin, is urging collaboration among key players in the automotive industry. His goal? To streamline the manufacturing of Nigerian-made vehicles.
Osanipin believes this industry has the potential to create millions...
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