Business & Economy

Legacy Debts, Contract Uncertainty Hindering Financing of New Grid-Connected Power Projects, Lenders Warn

Lenders and senior industry figures have cautioned that the high-risk financial position of Nigeria’s Distribution Companies and continued ambiguity in regulatory and contractual arrangements...

Dangote Sugar Announces US$700 Million Investment to Cut Nigeria’s Dependence on Imported Raw Sugar

Dangote Sugar Refinery has unveiled a sweeping investment package worth more than US$700 million, aimed at accelerating Nigeria’s transition toward self-sufficiency in sugar production....

Google Launches AI Skilling Blueprint to Bridge Africa’s Digital Skills Gap

Lagos, Nigeria – Google has unveiled a landmark initiative aimed at addressing Africa’s widening artificial intelligence (AI) skills gap and preparing the continent’s workforce...

Nigeria’s Economy Stabilizing as Inflation Eases and Reserves Rise, Says CBN Governor

Abuja, Nigeria – The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has affirmed that the nation’s economy is regaining stability, citing an increase...

Brookfield Launches $10 Billion Global AI Infrastructure Initiative

  New York, USA – Brookfield Asset Management has announced the launch of a global artificial intelligence (AI) infrastructure program aimed at securing $10 billion...

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