The Federal Government of Nigeria has recorded massive investor interest in its latest Sovereign Sukuk, with the Series VII attracting over ₦2.21 trillion in subscriptions. This figure, announced by the …
Infrastructure
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BusinessBusiness PoliciesEconomyGOVERNMENTInfrastructurePolicies
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AfricaBuildingBusiness and EconomyBusiness InsightsDevelopmentEducationEnvironmentInfrastructureNigeriaReal EstateWestern Africa
Pros and Cons of Gated Residential Estates in Nigeria
Gated residential estates have emerged as a powerful answer to dreams of a secure and comfortable home. These developments are not just houses; they are curated living environments. They offer …
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AfricaDevelopmentEconomyGOVERNMENTInfrastructureInternational RelationsNigeria
PMI Warns African Governments to Improve Project Delivery as US Cuts $555m from African Development Fund
The Project Management Institute (PMI) has called on African governments, including Nigeria, to prioritise efficient project execution in response to a $555 million reduction in United States contributions to the …
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BusinessEconomyEnergyInfrastructureNigeriaOil & Gas
Green Energy Unveils Nigeria’s First Indigenous Onshore Crude Oil Export Terminal in Rivers State
Green Energy International Limited (GEIL), an indigenous oil and gas company, has launched Nigeria’s first onshore crude oil export terminal in over five decades. Located at Otakikpo in Rivers State, …
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BusinessDevelopmentEconomyInfrastructureNigeriaSecurityTelecommunications
IHS Nigeria and NSCDC Partner to Protect Telecom Infrastructure Nationwide
IHS Nigeria, a leading telecommunications infrastructure provider, has entered into a new partnership with the Nigeria Security and Civil Defence Corps (NSCDC) to protect critical telecom infrastructure across the country. …
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Dangote IndustriesDevelopmentELECTRICITYEnvironmentGOVERNMENTInfrastructure
Ogun Assembly Urges IBEDC to Restore Power to Communities Affected by Dangote Truck Damage
The Ogun State House of Assembly has called on the Ibadan Electricity Distribution Company (IBEDC) to promptly restore electricity to several communities in Yewa North affected by the destruction of …
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DevelopmentEconomyGOVERNMENTInfrastructureInternational RelationsINVESTMENTNigeria
Tinubu Reaffirms Nigeria-China Strategic Partnership to Boost Industrialisation, Economic Growth
President Bola Ahmed Tinubu has restated the Federal Government’s strong commitment to its strategic partnership with China, saying the collaboration is essential to Nigeria’s industrialisation drive and broader economic transformation …
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EconomyELECTRICITYEnergyFinance & ServicesGOVERNMENTInfrastructureNigeria
FG’s Debt to Power Sector Hits ₦982.4bn as Electricity Subsidy Rises in First Five Months of 2025
The Federal Government’s unpaid subsidy to electricity distribution companies has risen to ₦982.4 billion as of May 2025, showing a ₦5.3 billion increase or 2.7% in just five months. This …
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AfricaEnergyInfrastructureInnovationNigeriaOil & Gas
SPIE Unveils Hybrid Solar-Diesel Energy Plant at PHRC, Pushing Nigeria Closer to Clean Energy Future
In a major step toward clean and sustainable energy adoption in Nigeria’s oil and gas sector, SPIE Global Services Energy has commissioned a cutting-edge 15kWp Off-Grid Hybrid Solar Diesel Energy …
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DevelopmentEnergyGOVERNMENTInfrastructurePolicies
NERC Introduces Transmission Infrastructure Fund with N2.17/kWh Levy to Boost Nigeria’s Power Sector
The Nigerian Electricity Regulatory Commission (NERC) has taken a major step to improve electricity supply in the country by setting up a Transmission Infrastructure Fund (TIF). This new initiative is …