By Ayomide Otitoju Governor Babajide Sanwo-Olu has called on multinational real estate developers to invest in Lagos, highlighting the State’s vision to evolve into a thriving mega city while addressing the challenges of rapid urban growth. The appeal was made at the 6th Lagos Real Estate Marketplace Conference, held at Eko Hotels and Suites, Victoria…
By Ayomide Otitoju Nigeria’s inflation rate moderated to 14.45% in November 2025, down from 16.05% in October, according to data released by the National Bureau of Statistics (NBS) on Monday. The month-on-month decline of 1.6 percentage points follows years of surging prices that fueled a nationwide cost-of-living crisis. The Consumer Price Index (CPI) rose to…
By Ayomide otitoju NNPC Retail Limited has successfully wrapped up the final leg of its 2025 Mechanic Sensitization Scheme at the National Artisans & Technicians Conference (NATCO) in Lagos, held from November 25 to 27. The initiative underscores the company’s commitment to mechanic empowerment and technical development across Nigeria. The three-day event brought together mechanics…
By Ayomide Otitoju Emirates Launches Wildlife-Themed Amenity Kits for Premium Economy and Economy Passengers Emirates will roll out a new range of complimentary amenity kits for Premium Economy and Economy Class passengers on long-haul flights starting December, featuring sustainable materials and highlighting endangered species. The kits, designed in partnership with United for Wildlife, incorporate bio-based…
By Ayomide Otitoju Pan-African film and television training institution, MultiChoice Talent Factory (MTF), has opened applications for its 2026 intake, offering fully funded courses to African graduates aspiring to become directors, filmmakers, scriptwriters, producers, and storytellers. Following its recent integration with CANAL+, MultiChoice is reinforcing its commitment to bringing compelling African content to homes across…
By Ayomide Otitoju The Nigerian National Petroleum Company (NNPC) Limited has assured residents of host communities around the Escravos–Lagos Pipeline System (ELPS) in Delta State that they are safe following an explosion reported at the facility last Thursday. The assurance was given in a statement issued on Sunday by NNPC’s Chief Corporate Communications Officer, Andy…
By Ayomide Otitoju Hassan Allam Construction Secures $250 Million Contract for Afreximbank African Trade Centre in Egypt’s New Capital Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has been awarded a landmark USD 250 million contract to build the African Export-Import Bank (Afreximbank) African Trade Centre (AATC), which will also serve as Afreximbank’s new…
By Ayomide Otitoju The African Development Bank (AfDB) welcomed Canada’s Special Envoy for Africa, Ambassador Ben Marc Diendéré, to its headquarters for a high-level meeting aimed at deepening collaboration between the Bank and Canada. The discussions focused on advancing investment, sustainable development, and private sector engagement across Africa. Marie-Laure Akin-Olugbade, Senior Vice-President of AfDB, lauded…
By Ayomide Otitoju The African Development Bank (AfDB) and the Government of São Tomé and Príncipe have reinforced their development partnership with $18 million in new grant financing, signed on Thursday at the São Tomé and Príncipe Investment Forum in Brussels. The funding targets energy, climate-smart agriculture, and integrated water-energy-food security initiatives. The first agreement…
