The Minister for Power, Adebayo Adelabu, has said citizens of other African countries including Guinea, Togo, Mali and others pay more than what Nigerians pay for electricity. Adelabu said Nigerians would also be ready to pay more for electricity if…
Leveraging technology to unleash Nigeria’s entrepreneurial spirit
Nigeria has always been a hub of vibrant entrepreneurship, a legacy that traces back long before the digital age. In recent times, there has been a surge of entrepreneurial ambitions which is more of a response to the nation’s declining…
NLNG says it supplies nearly half a million metric tons of LPG to Nigerian market annually
Nigeria LNG Limited (NLNG) has reaffirmed its commitment to supplying liquefied petroleum gas (LPG) to the Nigerian domestic market, clarifying recent reports regarding its contributions. Contrary to claims of supplying 1.5 million metric tons of LPG annually, NLNG stated that…
Germany: Microsoft to invest €3.3b in AI capacities
The tech giant Microsoft said on Thursday that it was planning to invest almost €3.3 billion ($3.5 billion) in expanding its presence in Germany. The investment will go towards doubling the capacity of Microsoft’s “AI and data center infrastructure,” in…
Sanwo-Olu pledges to be prudent with N115b bond issuance
The Governor of Lagos State, Babajide Sanwo-Olu, has promised inhabitants of the state continuous economic growth and infrastructure improvements. The State Governor made the promise during the signing of the N115 billion 10-year 15.25 per cent Series 1 bond issuance…
1st Term: Sanwo-Olu’s administration completes 970 roads, other projects — Commissioner
The Commissioner for Information and Strategy, Lagos State, Mr Gbenga Omotoso, says Gov. Babajide Sanwo-Olu’s administration completed the construction of 970 roads during his first term as governor. Omotoso, who is also the Chairman, Media and Publicity sub-Committee of the…
Ukraine to export electricity again after months of Russian attacks
Ukraine is able to export electricity for the first time in six months as its energy infrastructure recovers from months of repeated Russian attacks. Russia began its lengthy and deliberate assault on Ukraine’s energy infrastructure last October. It led to…
How Buhari supported Lagos, others to be more economically viable- BMO
The President Muhammadu Buhari-led federal government has done more to make states economically viable than any previous administration, according to the Buhari Media Organisation (BMO). In a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke, the group…
Lagos announces preferred bidder for 4th Mainland Bridge construction
The Lagos State Government, through the Office of Public-Private Partnerships, on Friday, announced Messrs CCECC-CRCCIG Consortium as the preferred bidder for the construction of the proposed Fourth Mainland Bridge project. Special Adviser to the Governor on Public Private Partnerships, Mr…
Sanwo-Olu inaugurates Blue Line Rail in Lagos
The governor of Lagos State, Babajide Sanwo-Olu, on Wednesday, inaugurated the Blue Line Rail in the state. Sanwo-Olu’s Senior Special Assistant on New Media, Jubril Gawat, made this known on his Twitter page, where he shared photos from the ceremony.…
