Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
FG approves $1bn modernization project for Lagos ports
By Godwin Oritse The Federal Government has approved a one billion US dollar modernisation project for the Lagos ports, just as it commenced procurement process for the modernisation of other seaports outside Lagos. Minister of Marine and Blue Economy, Adegboyega Oyetola, disclosed this yesterday, during the 2025 Chartered Institute of Logistics and Transport (CILT) Nigeria […]
Aliko Dangote plans to sell 10% stake in refinery on NGX
By Peter Egwuatu, with agency report Chairman of Dangote Petroleum Refinery, Aliko Dangote, has announced plans to sell between five and 10 percent of the refinery’s shares on the Nigerian Exchange (NGX) Limited within the next one year. Speaking in an interview with S&P Global, Dangote said the move would follow the same path taken by other […]
FCMB Group’s diversified business model and digital innovation drive sustainable growth and investment appeal
FCMB Group Plc’s “Facts Behind the Offer” presentation at Nigerian Exchange Group (NGX), on Monday, October 13, 2025, highlighted the strength of its diversified business ecosystem and its accelerating digital transformation, making a compelling case for investors eyeing sustainable growth and innovation in Nigeria’s financial sector. Ladi Balogun, FCMB Group Chief Executive Director, emphasised that […]
FG targets 540MW with power restoration at ALSCON
By Obas Esiedesa, Abuja The Minister of Power, Chief Adebayo Adelabu, has pledged to restore the power plant at the Aluminium Smelter Company of Nigeria (ALSCON), saying the facility could contribute up to 540 megawatts (MW) of electricity to the national grid. Adelabu who made the commitment during a working visit to the company in Ikot-Abasi, […]
Nigeria, Denmark sign MoU on digital transformation, innovation
By Peter Egwuatu The Federal Government, through the Ministry of Communications, Innovation and Digital Economy, has signed a Memorandum of Understanding (MoU) with Denmark to strengthen collaboration on digital transformation and innovation aimed at driving inclusive economic growth. The agreement was signed in Lagos during the NORDIC Nigeria Connect Conference themed “Forging Partnerships for Sustainable Impact.” […]
