Aliko Dangote, Africa’s richest man and chairman of the Dangote Group, has been praised by the Nigerian government for prioritising national development over foreign wealth opportunities. At a time when …
Infrastructure Development
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AfricaBusinessDangote IndustriesDevelopmentEconomyEnergyInfrastructureINVESTMENTLeadershipManufacturingNigeria
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DevelopmentGOVERNMENTInfrastructureMarketsPoliciesReal Estate
Lagos Moves to Tackle High Rent, Housing Shortage With Monthly Payment Plan
The Lagos State Government has stepped up efforts to tackle the rising housing crisis across the state, especially as many low- and middle-income earners continue to struggle with skyrocketing rents. …
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EconomyInfrastructureINVESTMENTNigeriaTrade and CommerceTransportation & Logisitics
Snake Island Port Reaffirms Support for Nigeria’s Trade and Industrialisation Goals
Snake Island Port has reaffirmed its commitment to supporting Nigeria’s trade expansion and industrialisation agenda, highlighting its role in enhancing port infrastructure, attracting investment, and driving economic development. The declaration …
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BusinessEnergyEnvironmentInternational RelationsINVESTMENT
UAE’s Africa push prompts cautious optimism
The United Arab Emirates (UAE) has now become the biggest foreign investor in Africa’s new business projects, with a total commitment of $110 billion between 2019 and 2023. Out of …
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BusinessInfrastructureInnovation
Julius Berger Named Best Construction Company of the Decade in West Africa
Julius Berger Nigeria Plc has been recognised as the Best Construction and Infrastructure Company of the Decade. The announcement was made at the West Africa Innovation Awards, an event aimed …
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DevelopmentGOVERNMENTInfrastructureNewsNigeriaTransportation & Logisitics
FG Sets N777bn for Completion of Abuja-Kaduna-Zaria-Kano Road, Targets 14-Month Deadline
The Federal Government has announced that it will spend a total of ₦777 billion to complete the ongoing reconstruction of the 700-kilometre Abuja-Kaduna-Zaria-Kano Expressway. Minister of Works, Engr. David Umahi, …
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BuildingDevelopmentEnvironmentInfrastructureNigeriaPolicies
Builders Council Chairman Laments Lack of Standards in Nigeria’s Facility Management Sector
The Chairman of the Council of Registered Builders of Nigeria (CORBON), Samson Opaluwah, has raised alarm over the gaps in policy, skills, and standardisation currently plaguing Nigeria’s facility management sector. …
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Business and EconomyFinance & ServicesGOVERNMENTINVESTMENTNigeriaWestern Africa
NSIA Boosts Net Assets to N4.35 Trillion in 2024
The Nigeria Sovereign Investment Authority (NSIA) has recorded significant growth in its net assets for the 2024 financial year, nearly doubling despite global economic uncertainties. In a statement signed by …
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AviationDevelopmentEconomyGOVERNMENTInfrastructureNigeriaWestern Africa
Abia Airport Project to Employ Local Workers—Craneburg
CRANEBURG Construction Company, the consultants for the Abia airport project, has assured that skilled and unskilled workers from the host community, Nsulu in Isialangwa North Local Government Area, will be …
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AfricaBusinessEnergyFinance & Services
Standard Bank almost doubles sustainable finance commitments to R450 billion
Standard Bank Group, Africa’s biggest bank by assets, has raised its sustainable finance targets by 80% to R450 billion in the next three years. This move is part of the …