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The 330kV WAPP North Core Interconnection Project has reached 56 per cent completion, bringing reliable power and economic growth closer for West Africa despite ongoing security and logistics hurdles, the Transmission Company of Nigeria (TCN) has announced. The chairman of ...

The Nigeria Sovereign Investment Authority (NSIA) has unveiled plans to deepen its role in financing large-scale infrastructure projects, working closely with the World Bank to establish a new integrated funding platform aimed at unlocking critical investments across key sectors of ...

With the recapitalisation deadline of the Nigerian banking industry now concluded, analysts have called for a cut in the Cash Reserve Requirements (CRR) for banks to allow banks effectively mediate and provide the needed funding for the private sector to ...

The ECOWAS Bank for Investment and Development (EBID) has committed fresh funding of $241.6 million to Nigeria, targeting critical infrastructure projects spanning transport and urban environmental management. The financing formed part of a wider $266.7 million and CFA30 billion package ...

The trade volume between Nigeria and China has surpassed $28 billion as both countries strengthen bilateral relations built on mutual respect, non-interference, and shared development aspirations. Indications to this development emerged when the Chinese Ambassador to Nigeria, Yu Dunhai paid ...

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reiterated its commitment towards building tangible economic bridges and strengthening diaspora-driven investment into Nigeria. UBA’s group managing director/chief executive officer, Oliver Alawuba, stated this on Monday, while hosting key representatives ...

The executive secretary of the Nigerian Shippers’ Council (NSC), Dr Akutah Pius, has called on freight forwarders to embrace dialogue as a constructive means of resolving their grievances rather than resorting to industrial actions that could undermine the nation’s economy. ...

Shell Nigeria Gas (SNG) managing Director, Ralph Gbobo, alongside Oyo State officials and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), have held pivotal discussions to propel gas infrastructure development. During a courtesy visit to NMDPRA chief executive, Saidu ...

Both Nigeria and the Democratic Republic of Congo have been hit with sanctions from FIFA following their heated 2026 World Cup playoff last November. The global football governing body found both national football associations in breach of disciplinary regulations during ...

Dangote Industries Limited (DIL) and GCL Group, China’s leading private energy conglomerate, have formalised a landmark $4.2 billion, 25‑year natural gas supply agreement to power Dangote Group’s major expansion projects in Ethiopia. The agreement, signed in Lagos, reinforces one of ...