Economy Infrastructure News & Reports Telecom Uncategorized

NCC to Boost Digital Transformation of Nigeria with 6 fully-functional Tier- 4 Digital Industrial Complexes

The Nigerian Communications Commission NCC is currently constructing and equipping fully-functional Tier-4 Digital Industrial Complex (DIC) in each of the geo-political zones in Nigeria with four of the packs already underway in Abeokuta, Enugu, Maiduguri and Kano. According to the Executive Vice Chairman (EVC) of NCC, Mr. Umar Danbatta the North Central and South geo-political …read more →

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FCMB Deepens Empowerment of SMEs in Ogun State, as First Lady Commends Bank

First City Monument Bank (FCMB) has restated its commitment to the productivity and profitability of Small and Medium Scale Enterprises (SMEs) through funding, capacity building, advisory and other forms of support that would boost their overall contributions to economic development. FCMB, which is rated as the number one Bank for SMEs in Nigeria in the …read more →

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CBN Banks Others to Raise N1.5tn to Fund Infrastructure

The Central Bank of Nigeria (CBN) is coordinating commercial banks, pension funds and other financial institutions to raise N1.5trillion to fund road, power and port facilities through a special purpose vehicle in collaboration with the Federal Government and key development finance agencies. The Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, said this at …read more →

Environment Infrastructure News & Reports Roads Uncategorized

Makinde Appoints Adepoju Adviser on Infrastructure

Governor Seyi Makinde, has appointed Mr Simiyu Adekola James Adepoju, an engineer as his Special Adviser on Infrastructure, Moses Alao, the governor’s special assistant on Print Media said. The appointment, which took effect from 9 March, was conveyed through a letter signed by the Secretary to the State Government, Mrs Olubamiwo Adeosun. “Prior to his …read more →

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Experts discover new approach to making airplane parts, without massive infrastructure

Engineers at the Massachusetts Institute of Technology have developed a method to produce aerospace-grade composites without the enormous ovens and pressure vessels. The technique may help to speed up the manufacturing of airplanes and other large, high-performance composite structures, such as blades for wind turbines. They discovered that Carbon nanotube film produces aerospace-grade composites with …read more →

ENERGY News & Reports Uncategorized

OPEC Secretary-General Says Iraqi Oil Facilities Secure, Production Continuing

Iraqi oil facilities are secured and the country’s production is continuing, OPEC’s Secretary-General Mohammed Barkindo said on Wednesday. “It’s a big relief that the facilities continue to be secured in Iraq, the production is continuing and effective,” Barkindo said on the sidelines of a conference in Abu Dhabi, He said he was optimistic Iraq would …read more →

Education Infrastructure Technology Telecom Uncategorized

We will turn Lagos to technology hub as quickly as possible – LASRIC

The Lagos State Science Research and Innovation Council, (LASRIC) says it will deploy all means at its disposal to ensure that the desire of the state government in turning Lagos to a technology hub is realised as quickly as possible. The leader of the 16-member council, Prof. Oluwatoyin Ogundipe, disclosed this in an interview with …read more →

ENERGY Infrastructure News & Reports Uncategorized

Buhari Outlines New Projects For 2020

President Buhari, in the New Year nationwide broadcast, said Nigerians should expect the commencement of the construction of the Mambilla Power project by the first half of the year. The 3,050-megawatt (MW) Mambilla Hydropower project in Taraba State had witnessed several arbitrations that stalled it for over 40 years. When completed, the project will be …read more →