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The federal government has signed a concession agreement for the Jeremiah Obafemi Awolowo International Airport, Port Harcourt, with PH Airport Limited, assuring aviation workers that the arrangement will not lead to job losses. The Minister of Aviation and Aerospace Development, Festus Keyamo, signed the agreement on behalf of theContinue Reading
President and chief executive of Dangote Industries Limited, Aliko Dangote, has disclosed plans to increase the group’s investment programme in Africa from $50 billion to about $70 billion under its Vision 2030. The plan includes a major intervention in electricity generation to support industrial growth, to the tune ofContinue Reading
Minister of aviation and aerospace development, Festus Keyamo has reiterated that the federal government is spending revenue generated from profitable airports to sustain several airports operating at a loss across the country. Keyamo said the development had made private sector participation necessary in the management of some airports to improveContinue Reading
The Association of Senior Civil Servants of Nigeria (ASCSN) on Thursday demanded an immediate increase in the minimum monthly salary of the lowest-paid federal worker to N300,000, rejecting temporary wage awards and palliatives as inadequate to address the rising cost of living. The union also threatened nationwide picketing and withdrawalContinue Reading
The National Agency for Science and Engineering Infrastructure (NASENI) and the Presidential Implementation Committee on Technology Transfer (PICTT) have partnered with the Massachusetts Institute of Technology’s MIT Solve to help Nigerian innovators scale their solutions and compete globally. Under the partnership, 10 innovators from the DELTA-2 and DELT-Her programmes willContinue Reading
The Nigerian stock market on Thursday recorded a positive turnaround as the All-Share Index recovered from its previous decline to trade above 252,000 points. The Index gained 0.21 per cent to close at 252,366.80, while market capitalisation increased by N328 billion ato close at N163.859 trillion. APT Securities &Continue Reading
Anambra State governor, Professor Chukwuma Charles Soludo, has said Nigeria’s N68 trillion federal budget translates to just about N772 per Nigerian daily, warning that the country’s fiscal capacity remains too weak to fund the massive investments required for economic transformation. Soludo argued that despite the huge figures attached to governmentContinue Reading
Nvidia co-founder and Chief Executive Officer, Jensen Huang, has resigned after more than three decades at the helm of the world’s most valuable semiconductor company, raising questions about the future of its artificial intelligence business, investor confidence and the global chip supply chain. The development comes amid reports of twoContinue Reading
The NOG Energy Week has opened submissions for its 2027 Technical Seminar, inviting researchers, engineers, academics and other energy professionals to present technical solutions and innovations capable of addressing challenges across Nigeria’s oil and gas industry. The call for papers covers 14 technical categories across the energy value chain. ItContinue Reading
The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, has said Nigeria faces an annual fish production deficit of 2.2 million metric tonnes, urging investors and financial institutions to tap into the country’s catfish industry to bridge the gap. Oyetola said Nigeria’s annual fish requirement stood at approximately 3.6Continue Reading
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