Lagos Traffic Is Draining Business Profits
Lagos traffic is more than just a daily frustration. The endless hours spent on congested roads are quietly costing businesses ...
Tag: Infrastructure
Nigeria Sets Five-Year Power Target as Manufacturers Demand Reliable Electricity
Nigeria’s Federal Government has announced plans to increase electricity access to more than 80 per cent of the population within ...
Finance Minister Defends Nigeria’s $5bn Abu Dhabi Loan
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has defended the Federal Government’s $5 billion financing ...
Nigeria’s Fibre Problem Is a Business Problem
Every time an excavator bites into the wrong stretch of earth in Lagos, Abuja, or Port Harcourt, the damage rarely ...
China Pledges N40bn Grant to Support Nigeria’s Development
The Chinese government has pledged about N40 billion (RMB 200 million) in grant assistance to Nigeria to support development projects ...
FG Rehabilitates 260 Roads, Reconstructs Bridges Nationwide — Umahi
The Federal Government has stepped up its nationwide road and bridge rehabilitation programme, with Minister of Works David Umahi announcing ...
Ekiti Calls for Stronger World Bank Partnership to Speed Up State Development
Ekiti State Governor, Biodun Oyebanji, has called for closer cooperation between the World Bank and state governments, saying stronger partnerships ...
NEC Approves $4.5bn Gazelle 2 Loan to Boost Nigeria’s Economy
The National Economic Council (NEC) has approved a new $4.5 billion Project Gazelle 2 financing facility to replace the existing ...
Dangote Invests $800 Million to Double Ogun Cement Plant Capacity
Dangote Industries Limited has announced a major investment of more than $800 million to expand its cement factory in Itori, ...
AfDB Says West Africa Must Better Use Its Own Funds to Close $100 Billion Development Gap
West Africa requires between $90 billion and $100 billion every year to achieve its development goals, but the region’s biggest ...
