Category Archives: NEWS

Muhammadu Indimi Foundation builds N600m housing estate for IDPs

The Muhammadu Indimi Foundation, a humanitarian organisation founded by Alhaji (Dr) Muhammadu Indimi OFR, the Executive Chairman of Oriental Energy Resources Limited, has announced the construction of a N600m solar-powered village consisting of 100 units of 3-room houses for persons

New Ride Hailing Platform, Alpha1 Rides Set To Launch In September

Nigeria’s ride hailing sector is about to witness a major disruption with the entrance of Alpha1 Rides: a technology services platform that supports the transportation and logistics business in Nigeria, as they have premised their model on technology and quality

Trade Minister, Enelamah, Elected Vice Chairperson of WTO Africa

Nigeria’s Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah, has been elected the Vice-Chairperson representing Africa, for the 11th World Trade Organisation (WTO) Ministerial Conference. Nigeria’s election was decided at the meeting of the WTO General Council on July

Osinbajo Inaugurates 1.5 Billion USD Fertilizer Plant

The Plant has a production capacity of 4000 metric tons (MT) of nitrogenous fertilizers per day or 1.5 MT per annum Acting President, Prof. Yemi Osinbajo today in Port Harcourt inaugurated a giant world-class fertilizer plant, built by Indorama Eleme

GE Partners Lagos to Train Students in Advanced Manufacturing

The program will be run by GE Garage engineers and instructors to enhance the students’ current capabilities whilst helping them develop new skill sets GE, the world’s Digital Industrial Company has announced a skill development partnership programme involving its GE

AGIP has developed the Niger Delta Region – Group

THE Niger Delta Indigenous Movement for Radical Change (NDIMRC), Tuesday hailed Nigeria Agip Oil Company Limited (NAOC) for the development of the Niger Delta Region and implored other oil companies it accused of playing games with the development of the

Nigerian Entrepreneurs Batch 3 Graduate from GE Lagos Garage

The program provided participants with the opportunity to directly interact with the latest manufacturing technologies, including 3D printers and laser cutters that enable innovation through rapid prototyping GE, the world’s premiere Digital Industrial Company has announced the graduation of the

Citi Provides NGN500million for Microfinance Development in Nigeria

Citi Nigeria extended a loan of NGN500 million to Accion Microfinance Bank (Accion MFB) in Nigeria to drive and promote the development of the microfinance sector in Nigeria. This loan will fund Accion’s loan portfolio and support the development of

How Citibank Is Charting Progress In Nigeria’s Custody Industry

Citi hosted a Direct Custody and Clearing (DCC) seminar recently that brought together market regulators, asset management financial services and advisory sector, legal services, custodians, stock exchange other industry experts to discuss and explore the Nigerian asset custody ecosystem vis-à-vis

Four Nigerians Among Facebook’s Bot Develper Challenge Finalists

Four Nigerian bots have been shortlisted among the final 60 in the Bots for Messenger Developer Challenge, a contest to recognize and reward developers who are able to create the most innovative new bots on Messenger in the Middle East