By Ayomide Otitoju The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, has approved €135 million in Non-Honoring of Sovereign Financial Obligations (NHSFO) insurance to support the Kars-Iğdır-Aralık-Dilucu (KIAD) High Standard Railway Project in Türkiye. The transaction was arranged…
By Ayomide Otitoju Senegal is positioning itself as a continental leader in gas-to-power development, combining innovative technical models with flexible project delivery to meet rapidly growing electricity demand, industry experts said on Tuesday at the MSGBC Oil, Gas & Power 2025 conference in Dakar. The country made headlines this July by launching Africa’s first LNG-to-power…
By Ayomide Otitoju The African Export-Import Bank (Afreximbank) has achieved a major sustainability milestone as its Abuja African Trade Centre (AATC) was awarded the prestigious LEED Platinum certification by the United States Green Building Council and Green Business Certification Inc—the highest global standard for sustainable building design and construction. The Abuja AATC is the first…
By Ayomide Otitoju The African Development Bank Group (AfDB) on Thursday approved a €102.12 million loan to Benin to finance the first phase of the country’s Agriculture Transformation Programme in its savannah region. The initiative aims to increase poultry meat production while integrating maize, soybean, and poultry value chains to strengthen food security, create jobs,…
By Ayomide Otitoju MoMo Payment Service Bank (MoMo PSB), a subsidiary of MTN Nigeria, has launched a subsidised transport initiative that will allow students of the University of Lagos (UNILAG) to access campus shuttle rides for just ₦10 per trip. The initiative, delivered in partnership with Ogata Electric Vehicles, aims to reduce transportation costs for…
By Ayomide Otitoju The Balmoral Convention Centre, Sheraton, Ikeja, came alive on Sunday, December 7, 2025, as Mainland Laffs 3.0—part of the annual Legends Decemba series—delivered an evening of top-tier entertainment. Backed by FirstBank Nigeria Limited under its DecemberIssaVybe campaign, the event drew a star-studded crowd and reaffirmed its status as one of Lagos Mainland’s…
By Ayomide Otitoju The NNPC/Heirs Energies OML 17 Joint Venture has become the first operator to commence agreement signing and structured commercial execution under Nigeria’s Gas Flare Commercialisation Programme (NGFCP) and approved non-NGFCP frameworks. The milestone enables flare-gas volumes across OML 17 to be captured for power generation, industrial applications, LPG, and CNG. The signing…
By Ayomide Otitoju Jamara Home, Nigeria’s leading wholesale and retail hub for electronics and home appliances, joined families and partners at the Syrian Charity Bazaar and Fun Day recently held in Lagos. The event aimed to celebrate cultural exchange, foster community bonding, and raise funds for vulnerable groups. As part of its contribution, Jamara Home…
By Ayomide Otitoju Dongfeng Motor, the official vehicle partner for the 2025 G20 Summit in Johannesburg, South Africa, successfully completed all transportation support tasks during the high-profile international event. The company deployed a specialized green fleet, including models such as the Dongfeng BOX and Dongfeng 007, providing safe, efficient, and reliable transport services for national…
