Enugu Secures $100 Million Austrian Investment for Water Infrastructure Modernization
The Enugu State Government has signed an agreement with WANDE NEXUS, an Austrian firm, to execute the Sustainable Last Mile Connectivity and Advanced Metering Infrastructure (AMI) Project. The deal, formalized…
Shareholders Blame Holcim’s Exit From Nigeria On Economic Challenges
Swiss cement giant Holcim’s decision to exit the Nigerian market after 65 years has drawn sharp reactions from shareholders, who cited persistent economic challenges as key drivers of the move.…
MAN Urges FG to Recapitalise BOI to Address Industry Credit Demands
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to recapitalise the Bank of Industry (BOI) to address the rising credit needs of industries across the nation.…
Valuers Advocate Framework for Sustainable Creative Economy Fund
Intellectual property valuers have called on the Federal Government to establish a robust framework to ensure the sustainability of the newly launched Creative Economy Development Fund. This call comes following…
FG Launches Free CNG Bus Service in Abuja to Ease Transportation Costs
The Federal Government has launched a free Compressed Natural Gas (CNG) bus service in Abuja to reduce transportation costs for residents of the capital city. The service began operations on…
PENCOM Allows Low-Income Earners to Withdraw Full Retirement Savings
Low-earning pensioners can now withdraw their entire retirement savings en bloc or opt to continue receiving monthly pensions, pending the implementation of the Minimum Pension Guarantee. This development was announced…
EFCC Secures Final Forfeiture of Abuja Estate in Largest Asset Recovery
In a historic ruling on Monday, December 2, 2024, the Economic and Financial Crimes Commission (EFCC) secured the final forfeiture of an expansive estate in Abuja, marking its largest asset…
Nigeria, France Sign MoU to Advance Sustainable Mining Practices
The Federal Government of Nigeria and France have signed a Memorandum of Understanding (MoU) to promote sustainable mining and diversify the value chain of critical minerals in both nations. Critical…
APWEN Launches Mentorship Scheme to Empower Young Women Engineers
The Association of Professional Women Engineers of Nigeria (APWEN) has launched a mentorship scheme aimed at empowering young women pursuing careers in engineering and those undergoing skills and entrepreneurship training…
Union Bank Appoints Mr. Bayo Adeleke as New Board Chairman
Union Bank of Nigeria PLC has announced the appointment of Mr. Bayo Adeleke as its new Board Chairman, along with seven other distinguished professionals to its Board of Directors. This…