The Nigeria Export Processing Zones Authority (NEPZA) has secured an anchor tenant, Ash Biomedical Diagnostics Limited which is prepared to without delay invest initial 100-million-dollar capital in the production of variety of medical equipment in the freshly approved Medical/Pharmaceutical Special Free Zone in Lekki, Lagos. Prof. Adesoji Adesugba, NEPZA Managing Director, dropped the hint on…
The Federal Government of Nigeria has approved the constitution of the Governing Board for the Nigeria Electricity Liability Management Company Limited (NELMCO). This was made known in a statement issued by the principal information officer of the Bureau of Public Service Reforms (BPSR), Umar Aliyu Umar. According to the statement, Director-General (DG) Bureau of Public…
Addis Ababa, July 5, 2022 (FBC) – The Ministry of Transport and Logistics is holding a consultative forum with various stakeholders to launch a free trade zone in Dire Dawa City. Addressing the consultative meeting, the Transport and Logistics Minister, Dagmawit Moges said the to be established domestic free trade zone would serve as a…
Full text of opening Ceremony Speech ofChief Emeka Obegolu, SAN, President of PALU Theme: The Africa we want: From aspirations to reality. I would like to welcome you all to our 2022 Conference and Triennial General Assembly, and to, first and foremost, thank you all, for taking time to attend and participate in it. The…
The Executive Committee and Council Members of Abuja Chamber of Commerce and Industry has appointed the MD/CEO, Dignity Finance and Investment Limited, Dr Chijioke Ekechukwu as the Vice President – Industry of the Chamber. The appointment which is subject to ratification at the 2022 Annual General Meeting (AGM) would elevate the foremost economist to the…
The Federal Government’s agenda to transform the country to a robust digital economy, became the focal point in the message of the Honourable Minister of Communications and Digital Economy, Prof. Isa Ibrahim Pantami, who was the special guest at the weekend commissioning of a ‘Digital Nigeria Centre’ at the Father O’Connel Science College, Minna, Niger…
Those always regarding Abuja as a government city should have a rethink as the city is now emerging as a global economic hub for Africa, the Honourable Minister of Federal Capital Territory (FCT), Mall. Muhammed Bello has said. Speaking at a strategic meeting with the leadership of Abuja Chamber of Commerce and Industry (ACCI) on…
“The G7 wants to make the world a better place with better infrastructure. Today, we launch our joint work on this with the Partnership for Global Infrastructure and Investment,” Scholz said in a press statement. To tackle the growing influence of China and its belt and road initiative, Western leaders launched a Western counter-initiative worth…
The Global Wind Energy Council (GWEC), the industry representative body for the wind energy industry globally, and SolarPower Europe, a member-led association for the European solar PV sector, have signed an agreement with RenewAfrica, and the Africa Solar Industry Association (AFSIA), to jointly organise the Africa Renewables Investment Summit (ARIS) – an event that seeks…
The Nigerian National Petroleum Corporation (NNPC) independent gas-powered plant in Maiduguri, Borno state will be completed by November. The 50MW power project was sited along Baga road, following the destruction of three power tower lines near Jakana village on January 17, 2020. Group Managing Director of the NNPC, Mele Kyari, disclosed yesterday (Sunday), in Maiduguri…
