By Ayomide Otitoju Lagos State Governor, Mr. Babajide Sanwo-Olu, has reaffirmed his administration’s commitment to supporting the Nigerian Communications Commission (NCC) as part of efforts to drive economic growth through technology and communications. The governor gave the assurance on Thursday while receiving the Governing Board of the NCC, led by its Chairman, Chief Idris Olorunnimbe,…
By Ayomide Otitoju The Director-General of the Nigeria–China Strategic Partnership (NCSP), Mr. Joseph Tegbe, has met with a high-level delegation from the Chinese Embassy in Nigeria to reaffirm commitments to strengthening bilateral relations between both countries. The delegation was led by Mr. Zhou Hongyou, Charge d’Affaires of the Chinese Embassy in Nigeria, and included Mr….
By Ayomide Otitoju Promasidor Nigeria has reaffirmed its commitment to strengthening the country’s dairy sector, reporting significant results through its alignment with the National Dairy Development Programme. The initiative has increased local milk production and improved access to affordable, high-quality dairy products nationwide. The company’s CEO, François Gillet, highlighted the impact of Promasidor’s investment in…
By Ayomide Otitoju As France edges closer to banning social media use for children under 15, the European Union is considering whether the bloc should adopt similar measures. The move follows Australia’s ban on social media for under-16s, which came into effect last year and is already facing legal challenges. Brussels is monitoring the policy’s…
By Ayomide Otitoju The Nigerian naira has strengthened to a record high of about ₦1,400 to the US dollar at the official market, extending its appreciation streak during midweek trading on the Nigerian Foreign Exchange Market (NFEM). Data released by the Central Bank of Nigeria (CBN) showed that the naira appreciated by 1.26 per cent…
By Ayomide Otitoju JMG Limited, a leading provider of integrated electromechanical solutions in Nigeria, has reaffirmed its role in the country’s clean energy transition by hosting media stakeholders to mark the International Day of Clean Energy, highlighting the practical impact of its solar and hybrid energy solutions across key sectors of the economy. The media…
By Ayomide Otitoju The Director-General of the Nigeria–China Strategic Partnership (NCSP), Mr. Joseph Tegbe, has underscored discipline, scale and long-term planning as essential drivers of sustainable enterprise development in Nigeria, citing China’s economic transformation as a practical model for growth. Mr. Tegbe made the remarks during a presentation titled “Hacking Your Personal Economic Growth: Lessons…
By Ayomide Otitoju The African Export-Import Bank (Afreximbank), in collaboration with other mandated lead arrangers, has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company. The financing is aimed at supporting Sonangol’s projected operating and capital expenditure requirements, while advancing Afreximbank’s mandate to promote African-led financing solutions that drive…
By Ayomide Otitoju Dangote Industries has appointed MTN Group Chief Executive Officer, Ralph Mupita, to the board of Dangote Fertiliser Limited, as the conglomerate steps up plans to expand the business and pursue a listing on the Nigerian Exchange (NGX). The appointment was confirmed by the Managing Director of Dangote Fertiliser, Vishwajit Sinha, in an…
