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Chinese consortium targets early 2019 for work on 3050 megawatts Mambila power project – Nigeria presidency

President Muhammadu Buhari has received assurances from the Joint Venture Partners assigned to construct the 3050 Megawatts Mambilla Hydro-electric Power Plant, that all processes leading to the start of work would...

Breaking: Nigeria, China sign $328 million ICT deal

Nigeria and China on Wednesday signed an agreement for $328 million Information and Communication Technology Infrastructure Backbone Phase II (NICTIB II) project, the presidency in Nigeria said in a statement to...

China has invested $5 billion in Nigeria in 3 years, says President Buhari

Nigeria's partnership with China through the Forum on China-Africa Cooperation (FOCAC) has resulted in the execution of vital infrastructure projects across the country, valued at over $5 billion in the last...

South Africa in recession

South Africa is now in recession for the first time since 2009, data released on Tuesday showed."We are in a recession. We reported a contraction in the first...

13 ministers for “Africa Oil Week” in South Africa

At least 13 African ministers are expected to attend "Africa Oil Week" conference in South Africa in September, Conference Director Mr. Paul Sinclair said in a statement on Thursday.

Mines secures $13 million series A to grow digital credit platform for emerging markets

Mines, a fintech startup re-inventing credit in emerging markets, has closed a Series A round of $13 million led by The Rise Fund, a global fund managed by TPG Growth....

In Lagos, Honeywell Group launches Itanna, an accelerator and investment vehicle

Honeywell Group, the leading Nigerian corporate, has officially launched its new accelerator and investment vehicle, Itanna. Led by Tomi Otudeko, Head, Innovation and Sustainability for Honeywell Group and Director of the new venture, Itanna will roll out four-month innovation...

Analyzing Nigeria’s 2018 budget

The Socialist Party of Nigeria has analyzed Nigeria's 2018 budget and concluded that it was not very different from the previous ones.The budget, SPN said, mainly serves the big men and women...
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Latest News

HEAR IT: Student testifies Nigerian Prophet T.B. Joshua helped her secure Oxford University admission with prayers

A Nigerian student in UK who gained admission into the prestigious Oxford University has acknowledged that...
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Crawling to the Olympics: Nigerian ministers-designate still training three months after Buhari was sworn in

Ministers-designate and senior government officials in Nigeria are training as if they are going to the Olympics. It's been three months...

Russia-Africa: Putin’s continental strategy

From south of the Sahara all the way north to the Maghreb, Vladimir Putin wants his country to play a leading...

Dasukigate: EFCC arraigns Isabella Oshodin for N22.9bn Fraud

The Economic and Financial Crimes Commission, EFCC, on Monday, August 19, 2019 arraigned Mrs. Isabella Oshodin and Bob Oshodin Organisation Ltd...

Chairman of Nigeria’s Federal Inland Revenue Service Babatunde Fowler not under investigation – Presidency

Following reports making the rounds in some media outlets, it is necessary to state categorically that the Chairman of the Federal...