Tag: infrastructure

Nigeria power crisis: 9,536MW idle as blackouts persist despite govt claims

Business Damilola Bayonle -
Power Improves on Paper, Darkness Deepens in Reality Nigeria’s power crisis is worsening—despite official claims of improvement. While the government reports...

NSIA assets rise to N4.88tn as strong investment performance drives growth

Business Damilola Bayonle -
Nigeria’s sovereign wealth fund has recorded another year of strong financial performance, reinforcing its position as a critical stabilisation...

N712bn MMIA upgrade: Stakeholders push strategy, private investment for Lagos airport

Business Damilola Bayonle -
Stakeholders chart reform path for Lagos airport overhaul Aviation industry leaders have intensified calls for strategic execution, innovation, and private...

Nigeria must sustain 12% annual growth to hit $1tn economy target – Finance Minister

Business Damilola Bayonle -
Nigeria needs to grow 12% annual growth to reach $1tn Nigeria must record sustained annual economic growth of between 10...

Trump airport and Penn station renaming tied to infrastructure funding

World News Emmanuel -
Trump airport and Penn station renaming - Donald Trump has informed Senate leader Chuck Schumer that he will release...

Dangote Refinery warns petrol could hit N1,400/litre without local refining

Business Damilola Bayonle -
The Dangote Petroleum Refinery has issued a stark warning that petrol pump prices in Nigeria could surge to as...

Ekiti airport inauguration: Governor Oyebanji launches commercial flights in N49.7bn aviation project

Business Damilola Bayonle -
Governor Biodun Oyebanji of Ekiti State has officially inaugurated commercial operations at the Ekiti Agro-Allied International Cargo Airport, a...

Nigeria’s World Bank debt reaches $9.65bn: Assessing its impact on national development

Business Damilola Bayonle -
Nigeria is projected to reach a staggering $9.65bn in World Bank loans between 2023 and 2025, as fresh approvals,...

Nigeria China Power Loan: $2bn Super Grid Deal to Boost Electricity Supply

Business Damilola Bayonle -
Nigeria is currently negotiating a $2 billion power financing deal with China to develop a new super grid that...

Ogun courts global investors with AfCFTA prospects

Business Damilola Bayonle -
Ogun State has intensified its campaign to attract global investment, with Governor Dapo Abiodun positioning the state as Nigeria’s...

Plateau’s Mutfwang: “We Haven’t Forgotten Our IDPs”

News Damilola Bayonle -
Governor Caleb Mutfwang of Plateau State has issued a powerful message of hope and assurance to internally displaced persons...

TETFund Throws Support Weight Behind ASUU

Education Damilola Bayonle -
The Tertiary Education Trust Fund (TETFund) has expressed its support for the Academic Staff Union of Universities (ASUU) in...