Lagos Local Governments Receive N156.84 Billion FAAC Allocation in First Quarter of 2026
Lagos State’s 20 local government areas received a total of N156.84 billion from the Federation Account Allocation Committee (FAAC) during ...
Tag: Infrastructure
PTML Plans $50 Million Investment to Expand Lagos Port Operations
Port and Terminal Multiservices Limited (PTML) has announced plans to invest $50 million in its terminal facilities in Lagos as ...
Julius Berger Posts Strong 2025 Results, Eyes Bigger Projects Across Nigeria and West Africa
Julius Berger Nigeria Plc says it’s on track for long-term growth after sharing its 2025 financial results and future plans ...
UN Report Says Developing Countries Could Save $500 Billion Yearly Through Cheaper Borrowing
A new report by the United Nations Conference on Trade and Development (UNCTAD) has revealed that developing countries, including Nigeria, ...
AfDB Becomes First International Shareholder in EBID with $30m Investment
The ECOWAS Bank for Investment and Development (EBID) has achieved a major milestone after the African Development Bank Group (AfDB) ...
NIEEE Urges New Fellows to Lead Power Sector Reforms and Support Nigeria’s Energy Future
The Nigerian Institute of Electrical and Electronic Engineers (NIEEE) has called on its newly inducted Fellows to play a leading ...
FG Plans Rail Link to Lagos Airport Terminals to Boost Aviation Growth
The Federal Government has announced plans to extend Lagos’ existing rail network to both the domestic and international terminals of ...
Aviation Operators, Regulators Locked in Debt Dispute Over Charges
A growing dispute between aviation operators and industry regulators over outstanding debts and statutory charges is exposing deep financial strains ...
Nigeria Promotes Investment Opportunities at London Stock Exchange as African Leaders Seek Global Capital
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, joined several African presidents and government officials at ...
Senate Sets Up Committee to Fast-Track Payment of Contractors’ Outstanding Debts
Nigeria’s Senate has established a six-member ad hoc committee to work with the Federal Ministry of Finance on resolving the ...
