Agriculture Economy Infrastructure News & Reports Photo News Technology

Heifer, Coldhubs, Launch Solar-Powered Storage Solutions in Lagos to Enhance Smallholder Farmers

Heifer International’s sponsored agritech storage solution; ColdHubs, was yesterday formally introduced into the Lagos market with the launch of the facility for smallholder farmers and sellers of perishable farm produce at the ABAT CBD Market in Ibeju-Lekki.   The ColdHubs innovation, which is being sponsored on a large scale by Heifer International, is part of …read more →

Infrastructure News & Reports Roads

Julius Berger Restates Commitment to Business Expansion

Julius Berger Plc restated commitment to development and expansion of its business into the future. The company, in its 2021 Sustainability Report, said: “we remain committed to also growing and expanding our potential for a positive impact on people and the planet. “Maintaining the trust of our stakeholders through collaboration, transparency, and superior service will …read more →

Economy Infrastructure News & Reports

Ogun: Abiodun Signs N472bn 2023 Budget

Signing the N472,250,694,447.57billion Appropriations Bill as passed earlier by the State House of Assembly, yesterday, Abiodun said he would ensure full implementation of all the items on the bill to sustain the momentum of Building Our Future Together Agenda of his Administration. “This budget is reflective of what the people of Ogun State want. I …read more →

Infrastructure News & Analysis News & Reports Technology Telecom

ICT Drives Diversification Of Nigeria’s Economy

The drive for economic diversification of the President Muhammadu Buhari-led federal government has been boosted by the milestone in the digital economy sector especially the Information and Communications Technology (ICT). Following this development, President Muhammadu Buhari has lauded the effort of the federal government over the $547 million generated from the sale of the 3.5 …read more →

Infrastructure News & Reports Photo News Roads Urban Renewal

Buhari Commissions Kogi’s First Flyover, Other Legacy Projects

President Muhammadu Buhari, on Thursday, commissioned legacy projects executed by the administration of Governor Yahaya Bello in different parts of Kogi State. President Buhari, who arrived at Okene town around 10am, commissioned the Agassa-Ogboboro Road and the Ohinoyi of Ebiraland Palace before proceeding to meet traditional rulers and top officials of the Kogi State Government. …read more →

Infrastructure Infrastructure Financing News & Reports Photo News Urban Renewal

Lagos Names Preferred Bidder for 4th Mainland Bridge

The Lagos State Government on Thursday announced Messrs. CCECC-CRCCIG Consortium as the preferred bidder for the proposed Fourth Mainland bridge project. The Special Adviser to the Governor on Public Private Partnerships (PPP), Mr Ope George said at a briefing at the PPP Office in Ikeja that the project, which is a proposed PPP transport infrastructure …read more →

AFRICAReports ENERGY Infrastructure Infrastructure Financing News & Reports Photo News WORLDReport

Nigeria-Morocco Gas Pipeline to Receive $25 Bln in Funding by 2023, Says NNPC

The Nigeria-Morocco Gas Pipeline is set to receive a total investment of $25 billion in 2023, the Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari has revealed. Kyari said in a report by Bloomberg that discussions for the financing of the energy megaproject are still ongoing, noting that a final …read more →

ENERGY Infrastructure News & Reports

Daewoo Shuts Down NLNG’s $10bn Train-7 Site as workers’ Dispute Lingers

The timeline for the completion of the Nigeria LNG Limited’s Train-7 project may be under threat following the protracted labour dispute between members of the National Association of Plant Operators and the management of Daewoo E & C Nigeria Limited. As a result of the protracted dispute, the management of Daewoo Engineering and Construction Nigeria …read more →

Banking and Finance ENERGY News & Reports

Local oil refiners seek CBN, NNPC support to grow production

The Oil Refiners Association of Nigeria (CORAN), the umbrella body of local refiners have appealed to the Central Bank of Nigeria (CBN) to create a crude refinery intervention fund similar to the agricultural credit fund or the pharmaceutical fund domiciled at the apex bank to drive effective business operations in the country. They have also …read more →

AFRICAReports Environment News & Reports WORLDReport

AfDB Says 7 African Nations Making Progress on Climate Change Actions

The African Development Bank and the Global Green Growth Institute (GGGI have launched a report analysing the readiness of seven countries – Morocco, Tunisia, Kenya, Rwanda, Senegal, Gabon and Mozambique – to drive green growth. The joint report was launched on the sidelines of Africa Climate Week, in Libreville, Gabon. It assessed the status and …read more →