Industry
“They are not upgradable”: FG gives order to DisCos to replace phased-out metres
Electricity distribution companies are required by the federal government to replace any meters that are being phased out due to a meter upgrade.
Chinese company announces interest after Dangote suspends investment in steel
Inner Galaxy Steel business Limited, a Chinese business, is set to invest $300m to construct a new steel plant in Ogun State that will produce specialty steel goods.
FG gives new directive to foreign airlines in Nigeria, gives date for execution
International airlines have been directed to use local caterers for their in-flight meals by the Federal Government's Ministry of Aviation and Aerospace Development.
Beta Glass: N15.3bn investments fuels 28% job growth over 5 years
Beta Glass has experienced significant financial growth, reinforced by its strong revenue figures and capital expenditures (Capex) during this five-year period.
Air Peace, others to acquire more aircraft as Nigeria is removed from aviation blacklist
The Minister of Aviation and Aerospace Management, Festus Keyamo, has said that Nigeria's aviation rating has risen to 75.5% after signing the Cape Town Convention.
Kora launches Student Endowment Fund at Covenant University
Kora, a leader in the financial technology sector, announced the officially establishment of an endowment fund to support students at Covenant University.
Jumia set to leave South Africa, Tunisia, shares plan for Nigerian operations
Africa-focused e-commerce business Jumia Technologies intends to close its online clothing stores in South Africa and Tunisia, Zando and Zando by year end.
Nigerian billionaire launches airport, hotel as FG hands over power station in Nigeria
The federal government has formally handed over the Kashimbila Dam to KP Hydro Limited, the private corporation owned by former Defense Minister Theophilus Danjuma.
Agege-Ikeja N500: Lagos launches Red Line train operations, details of transport fares emerge
Today, Babajide Sanwo-Olu, the governor of Lagos, officially opens the Red Line train for business. The line will carry roughly 500,000 Lagosians every day.
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