The West Africa Container Terminal has partnered with Dofy Global to empower 150 students of Government Secondary School, Onne, Rivers State on how to produce eco-friendly reusable sanitary pads. …
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Amazon announces $230m investment to boost AI startups
Amazon Web Services, Inc., a subsidiary of Amazon.com, Inc., has unveiled a $230m initiative aimed at supporting startups worldwide in developing generative AI applications. This investment is designed to …
Read More »Lagos invests N20m in Naijabrand chick trade fair
The Lagos State Government has disclosed that it has invested N20m in the forthcoming Lagos State Tourism Naijabrand Chick Trade Fair to secure booths for traders. According to a …
Read More »Sterling Bank, firms drive electric vehicle adoption
Sterling Bank has collaborated with GFA Technologies, Microsoft, The Garage, and Oando Clean Energy to host the final pitch of the e-mobility innovation hackathon. Theme: ‘Accelerating Nigerian Talent, Building …
Read More »AfDB supports 22 fragile countries in debt management
The African Development Bank Group has initiated training programmes to assist 22 transitioning or fragile African countries in effectively managing their debt. According to a statement from the continental …
Read More »Multichoice repatriates $184m from Nigeria in one year
Pay-TV operator, Multichoice Group, has revealed that it repatriated $184m (about N192.09bn) from Nigeria in the financial year ended March 2024. This was disclosed in its consolidated financial statements …
Read More »Afreximbank projects African economy grow by 3.8% in 2024
The African Export-Import Bank has projected that the African economy will grow on average by 3.8 per cent this year. This was disclosed in the Economic Outlook Report 2024 …
Read More »Firm wins entrepreneurship competition
Mebic Organic has emerged as the winner of the Entrepreneurship World Cup at the competition’s national finals in Lagos. According to a release, the Entrepreneurs World Cup finals happened …
Read More »NNPC withdraws suit against ExxonMobil, Seplat $1.28bn deal
The Nigerian National Petroleum Company Limited has applied to a High Court of the Federal Capital Territory, Abuja, to stop its ongoing legal action against several subsidiaries of Mobil …
Read More »Stakeholders advocate new industrial policy
The Manufacturing Association of Nigeria and other stakeholders have called for a new industrial policy, as manufactured goods constituted only 1.4 per cent of the country’s total exports in …
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