By Seun Ibiyemi The Federal Government announced on Tuesday in Abuja that it could generate over 200 billion dollars (311.23 trillion naira) annually from the regulation and licensing of space activities. Minister of Innovation, Science, and Technology, Chief Uche Nnaji,…
The current influx of investors to Ogun State has yet to abate, as another recycling plant for the production of aluminium and copper ingots has been established in the state. The Managing Director and Chief Executive Officer of Neveah Ltd,…
By Seun Ibiyemi The Programme Coordinator of the Presidential Compressed Natural Gas Initiative (PCNGI), Mr Michael Oluwagbemi, has revealed that the initiative has attracted over $491 million in investments into the AutoCNG sector, creating more than 9,000 direct and 75,000…
…Commends UBA’s role in facilitating africa’s development The President of the African Development Bank (AfDB) Group, Dr Akinwumi Adesina, stated on Wednesday that strengthening connections between global financial hubs and African markets is crucial for unlocking economic opportunities. Dr Adesina…
The Minister of Foreign Affairs, Amb. Yusuf Tuggar, has reiterated the Federal Government’s commitment to strengthening bilateral cooperation with Sweden. He emphasised efforts to deepen relations through trade, sustainable development, gender equality, and cultural exchange. Tuggar made this statement during…
By Matthew Denis A survey conducted by Veriv Africa on food prices in Nigeria has revealed that a notable 52 percent of farmers have a pessimistic outlook for the country’s agricultural sector in 2026. Veriv Africa, a research and advisory…
By Seun Ibiyemi The National Agency for Food and Drug Administration and Control (NAFDAC) has appointed Cotecna Inspection Services (CIS) as a key agent under its Clean Report of Inspection and Analysis (CRIA) scheme. Cotecna’s appointment aims to tackle the…
The Federal Government has acknowledged the recent tariff measures announced by the U.S. Government, including imposing a 14 per cent tariff on Nigerian exports. This is contained in a statement signed by Dr Jumoke Oduwole, Minister of Industry, Trade and…
FCMB Group Plc has announced its audited financial results for the full year ended December 31, 2024, reporting a profit before tax (PBT) of N111.9 billion, a 7.1% year-on-year increase. The Group recorded a 53.9% increase in gross revenue at…
TotalEnergies Marketing Nigeria Plc says it generated N27 billion as profit for the financial year ended Dec. 31, 2025. This is 133 per cent surge from N12 billion recorded in 2023. TotalEnergies disclosed this in its audited financial statement posted…
