ABUJA, Nigeria — The President of the Council for the Regulation of Engineering in Nigeria (COREN), Professor Sadiq Abubakar, has called on Nigerian engineers to embrace data and digital transformation …
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- Cyber securityDevelopmentEducationNigeriaTechnology
ABUJA, Nigeria — The Federal Government has said the removal of petrol subsidy by President Bola Ahmed Tinubu has ended a longstanding economic drain, saving Nigeria over $84 billion and …
- BusinessDevelopmentEnvironmentInfrastructureTechnology
Klinserv Secures $100m Funding to Launch Eco-Friendly Municipal Cleaning Project.
LAGOS, Nigeria — Innovative waste management company, Klinserv, has secured a $100 million development financing deal to support the rollout of its large-scale municipal cleaning project across Nigeria and sub-Saharan …
- BusinessDevelopmentInfrastructureReal Estate
Julius Berger Reshapes Abuja with Landmark Infrastructure Projects
Julius Berger Nigeria Plc is playing a central role in transforming Abuja’s infrastructure as the Federal Capital Territory continues to expand. Through strategic partnerships and key project executions, the construction …
- Finance & ServicesGOVERNMENTINVESTMENTReal Estate
Homebase Mortgage Bank Gets N3.5bn Boost from FG to Expand Affordable Housing Loans
Homebase Mortgage Bank has received a major financial injection of N3.5 billion from the Ministry of Finance Incorporated (MOFI) under the Real Estate Investment Fund On-Lending Facility (MREIF). The move …
- BusinessEconomyFinance & ServicesInsuranceMarketsNews
Cornerstone Insurance Grows Profit by 87% in 2024.
Cornerstone Insurance Plc has posted a strong performance for the 2024 financial year, recording a profit after tax (PAT) of N25.89 billion, a massive jump of 87.11 per cent compared …
- GOVERNMENTReal EstateTechnologyTransportation & Logisitics
Truck Owners Back NPA’s Eto Call-Up System, Say Gridlock Now History on Apapa, Tin Can Roads
Truck owners operating at Nigerian seaports have thrown their full support behind the Nigerian Ports Authority’s (NPA) electronic call-up system known as Eto, saying the platform has brought order to …
- EconomyELECTRICITYEnergyGOVERNMENTInfrastructure
Power Sector Crisis: DisCos Lose Over N202bn in Q1 2025
Nigeria’s electricity distribution companies, popularly known as DisCos, are once again in the spotlight as revenue shortfalls continue to haunt the sector. In the first quarter of 2025 alone, the …
- Finance & ServicesGOVERNMENTINVESTMENTPolicies
Alexforbes Declares Special Dividend After Winning Court Case
South African financial services firm, Alexforbes, has declared a final and special dividend after winning the first phase of a legal battle involving a long-standing liability. The company, led by …
- BusinessEconomyEnergyGlobal NewsGOVERNMENTInfrastructureINVESTMENTSouth Africa
Transformation Is Key to South Africa’s Economic Growth – BLSA CEO
Chief Executive Officer of Business Leadership South Africa (BLSA), Busisiwe Mavuso, has said that South Africa’s economic future depends heavily on transformation and continuous reforms. She made this known in …