fbpx
Monday, January 6, 2025
29.9 C
Abuja

Business

Foreign Direct Investment

Foreign Direct Investment (FDI) continues to be a crucial driver of economic growth in Nigeria, providing both capital and technical expertise to various sectors...

Intensified Crackdown on Oil Theft

Nigeria has ramped up its efforts to tackle oil theft in the Niger Delta region, aiming to curb the criminal activities that have significantly...
spot_imgspot_img

Telecom Companies Warn of Service Cuts Due to Rising Costs

Telecom companies in Nigeria are raising alarms about potential service cuts as they face rising operational costs. These challenges...

Jeniks and Qatar’s $20 Billion Deal to Boost Africa’s Gas Wealth

Africa, home to over 620 trillion cubic feet of untapped natural gas reserves, is set to benefit significantly from...

Nigeria Implements Landmark Low-Carbon Policy for Oil Licence Approvals

Nigeria has introduced a landmark policy requiring oil licence and permit applicants to demonstrate compliance with low carbon emission...

Samsung Invests $181M to Become Top Shareholder in Rainbow Robotics

Samsung Electronics announced on Tuesday that it has become the largest shareholder of a South Korean robot-making company called...

Dangote Group to Invest $2 Billion in Agriculture Projects in Nigeria

The Dangote Group, one of Africa’s largest conglomerates, has announced plans to invest $2 billion in agricultural projects across...

Nigeria to Boost Electricity Generation Capacity to 25,000MW by 2030

The Nigerian government has announced plans to increase its electricity generation capacity to 25,000 megawatts (MW) by 2030. This...