In a significant move to enhance operational efficiency, the National Agency for Science and Engineering Infrastructure (NASENI) has pledged its commitment to refurbish and modernise redundant operational assets of the Nigerian Police Force (NPF). This initiative encompasses the renovation of vehicles, helicopters, as well as confiscated and forfeited vehicles, aiming to boost the force’s operational …read more →
News & Reports
MTN Foundation, PSHAN to Build 52 Pry Health Centres Nationwide
MTN Foundation and Private Sector Health Alliance of Nigeria (PSHAN), have signed a memorandum of agreement (MoA) to deliver 52 primary healthcare centres across the country. The partnership would further deliver additional 40 qualitative and affordable PHCs in 200 communities by June 2024. Signing the agreement held at MTN Atlantis office in Lagos, Prince Julius …read more →
BOI, IFC Advocate Collaborative Financing to Enhance Nigeria’s Industrialization Agenda
The Bank of Industry (BOI) and the International Finance Corporation (IFC) have stressed the need for joint investment financing to drive infrastructural development in Nigeria’s industrialization agenda. They also stressed the need for enhanced access to funding for businesses, women and youth to support sustainable growth in the country. They said this at the BOI …read more →
Nigeria Police Revamps Digital Infrastructure: IGP Implements Smartforce Database System
The Police Smartforce Database System has been reactivated, as stated by Inspector General of Police (IGP) Olukayode Adeolu Egbetokun. This is a crucial step towards modernising policing and boosting internal security. This endeavour aligns with the force’s dedication to enhancing service delivery and incorporating state-of-the-art technologies to provide efficient law enforcement. The IGP’s digitalization agenda …read more →
Access Bank PLC Signs Landmark Loan Agreement with Japan International Cooperation Agency to Advance Climate Change Measures in Nigeria
Access Bank PLC (Access Bank), Nigeria’s largest commercial bank, has taken a significant stride towards environmental sustainability with the signing of a historic loan agreement with the Japan International Cooperation Agency (JICA). Valued at US$ 75 million, the agreement is JICA’s first private sector investment finance in the banking sector in the Sub-Saharan African region. …read more →
Access Bank Zambia Limited Completes Acquisition of Atlas Mara, Creates One of Zambia’s Top Five Banks
Access Bank Zambia Limited (“Access Bank”) announced today that it has completed its acquisition of African Banking Corporation Zambia Limited, trading as Atlas Mara Zambia (“Atlas Mara”) after obtaining all requisite regulatory approvals. Atlas Mara is now a wholly owned subsidiary of Access Bank Zambia. Following this regulatory milestone, the two banks will continue to …read more →
FG Budgets Over N800bn for 2,254 Roads, Bridges in 2024
Flagship projects receiving chunks of funding include the East-West road and strategic Benin-Akure highway which facilitate interstate trade. Similarly, linking northern and southern regions, the critical Kano-Maiduguri road and Enugu-Makurdi artery obtain budget allocations for construction pushes. Culvert and drainage improvements totalling over N5 billion also target frequently flooding roads. Urban centres like Lagos and …read more →
Lagos Governor Announces 6,000km Metro-fibre Project
Babajide Sanwo-Olu, the governor of Lagos state, Nigeria, has announced a 6,000km Metro-Fibre Duct Project to accelerate digital transformation. He remarked this recently during the opening ceremony of the Art of Technology Lagos 5.0 conference, while delivering a lecture on the theme “The Creative Economy and a Digital Lagos.” The governor stated that one of …read more →
World Bank Approves $750m to Boost Renewable Energy in Nigeria
To expand access to clean energy for 17.5 million Nigerians, the World Bank has approved $750 million to boost renewable energy in Nigeria through the Renewable Energy Scale-up (DARES) project. The project is being financed by an International Development Association (IDA) credit and would leverage over $1 billion of private capital and significant parallel financing …read more →
FG To Complete Ajaokuta Steel Company — Minister
The Minister of Steel Development, Shuaibu Audu, has said that the Federal Government led by President Bola Tinubu will complete the ailing Ajaokuta Steel Company in Kogi State, to create wealth and employment in the country. Also, the Minister of Solid Minerals Development, Dele Alake, called for support from the Geographic Information Society of Nigeria …read more →