Business is war.
Marine and Blue Economy Minister Adegboyega Oyetola announced federal plans to modernize ports across Nigeria’s southern coastal states and develop new deepwater facilities in Bayelsa, Akwa Ibom, Cross River and Rivers. During a meeting with South South Development Commission leadership in Abuja, the minister outlined dredging operations that will expand draft depths to 16 meters…
The National Agency for Science and Engineering Infrastructure, working alongside the Presidential Implementation Committee on Technology Transfer, distributed 229 million naira among 14 female engineers through the Developing Engineering Leaders Through Her program. Executive Vice Chairman Khalil Suleiman Halilu explained that gender diversity strengthens technological advancement by introducing varied perspectives into product development and manufacturing…
JMG Limited supported the Association of Consulting Architects of Nigeria roundtable gathering by providing technical demonstrations of vertical mobility systems developed through its alliance with TKE Elevators. Delegates toured active installation sites where certified engineering personnel demonstrated safety protocols and contemporary building transport technology before attending presentation sessions led by General Manager Claudio Diniz and…
TAG Energy Nigeria Limited plans to transition from engineering services into petroleum extraction by acquiring production rights across Nigeria and additional African nations within five years. Managing Director Yemi Gbadamosi announced the expansion during a certification ceremony on Tuesday in Lagos, where Bureau Veritas presented the company with ISO 9001:2015 Quality Management System accreditation, recognizing…
Nigerian aviation labor representatives have shifted their stance on airport privatization after eight years of opposition, acknowledging that federal funding limitations prevent meeting international operational standards. Union officials now support public-private partnerships for facilities, including Enugu, Ibadan, Minna and Port Harcourt airports, contingent on resolving employee benefit concerns and pension liabilities totaling approximately 1.21 billion…
Lagos State Governor Babajide Sanwo-Olu pledged continued investment in ocean-based development and environmental protection during the 11th Lagos International Climate Change Summit, which examined financing mechanisms for African maritime economies and shoreline defense systems. The governor referenced the Great Wall of Lagos project as an example of converting vulnerable coastal areas into commercially viable territory,…
Kaduna State will host the initial rollout of the National Integrated Poultry Project, an agricultural investment facilitated through collaboration between Nigeria and China that expects to produce more than $450 million in revenue while establishing over 350,000 employment opportunities throughout its supply chain. Governor Uba Sani met with Nigeria-China Strategic Partnership officials and Chinese Ambassador…
A delegation from the International Monetary Fund held discussions with Nigerian officials over the weekend regarding the nation’s economic strategy through 2030. Axel Schimmelpfennig, who serves as assistant director in the fund’s African Department, met with Budget and Economic Planning Minister Abubakar Bagudu to examine fiscal priorities and reform progress ahead of an upcoming country…
Zenzi Awases, who leads the Association of Women in Mining in Africa and chairs the Women in Mining Association of Namibia, has joined the international jury for the United Nations Industrial Development Organization’s first One World Sustainability Awards. The geologist-turned-policy advocate views the recognition program as confirmation that combining economic returns with social benefit represents…
Namibia’s Social Security Commission transferred approximately $693 million in offshore holdings to Symmetry after discovering that the previous manager, Retirement Investments and Savings for Everyone, had violated investment guidelines by placing funds in unlisted private credit instruments. Chief executive Milka Mungunda confirmed that the unauthorized asset class breached established policy parameters, prompting the commission to…
