28 C
Lagos
Wednesday, October 21, 2020
One of the leading West Africa’s cement companies, BUA Cement, has announced plans to establish a three million metric tonnes cement factory and 50 megawatts power plant in Guyuk and Lamurde local government areas of Adamawa State in the North-eastern region of Nigeria. BUA is Nigeria’s second largest cement producer...
The President Muhammadu Buhari-led Federal Government may July 24 close the popular Third Mainland Bridge in Lagos for repair works. This was disclosed on Monday by the Federal Controller of Works in Lagos, Mr. Olukayode Popoola. He explained that consultations are ongoing for another phase of repair works to begin on...
African Development Bank Group has announced the appointment of Wambui Gichuri as Acting Vice President (Agriculture, Human and Social Development) effective July 5. Wambui joined the African Development Bank Group in 2018 as Director, Water Development and Sanitation. She currently oversees the bank’s water sector programme of over $ 4.5...
Government of the United States of America (USA) has finally charged Ramon Abbas Olorunwa Igbalode popularly known as Ray Hushpuppi to court in Los Angeles for allegedly committing frauds and laundering ‘millions of dollars from cybercrime schemes.'" The government, in a comprehensive affidavit on Friday by the US Department of...
Idowu Sowunmi To reaffirm its status as the biggest cement producer in Africa, Dangote Cement has set the pace with the exportation of 27,800 metric tonnes of clinker to a neighbouring African country, Senegal. With this historic maiden voyage from its Export Terminal located in Apapa Port, Lagos at the weekend,...
Idowu Sowunmi President Muhammadu Buhari Tuesday said Nigeria would stand solidly behind Dr. Akinwumi Adesina in his bid to get re-elected as President of the African Development Bank (AfDB). The President stated this at State House in Abuja, while hosting Adesina on a courtesy visit. According to him, “In 2015, when you...
The support base of embattled President of the African Development Bank (AfDB), DR. Akinwunmi Adesina has been strengthened by two top level individuals, Sierra Leone President, Julius Maada Bio and Harold Doley, the first United States representative to the AfDB. They are the latest joining in with their voice. In...
The Ogun State government has reacted to some media reports that erroneously claimed the state generated merely Seventy billion, nine hundred and twenty two million, five hundred and ninety thousand, four hundred and ninety five naira, eighty nine kobo (N70,922,590,495.89) as internally generated revenue for year 2019 In their...
The Presidency says it will require additional fresh external loan of $5.513 billion to finance 2020 budget deficit. In a letter addressed to the House of Representatives to seek approval and read during Thursday's plenary by the Speaker, Rt. Honourable Femi Gbajabiamila, President Muhammadu Buhari appealed that the fresh funds...
Idowu Sowunmi For the third time in a row, Dangote Group has emerged as the most admired brand of African origin by consumers. Also, GTBank has emerged as the most admired financial brand in Africa and the United Kingdom's BBC retained its media category ranking as the most admired media brand...