Infrastructure remain crucial for Africa’s transformation – AfDB

By Lucy Ogalue Dr Akinwunmi Adesina, Group President, African Development Bank (AfDB), says infrastructure development remain critical for the effective transformation of Africa. Adesina told newsmen on the sidelines of the ongoing AfDB Annual General Meeting 2024 on Tuesday in Nairobi that infrastructure were the backbone of Africa’s transformation. TheContinue Reading

Stakeholders commit to growth of Nigeria’s cleaning industry

By Oluwafunke Ishola A multinational home and appliances company, LG Electronics, has pledged its commitment to sustainability and environmental responsibility as it promotes solutions to drive Nigeria’s cleaning industry. The General Manager, Home Appliances, LG Electronics, Mr Brian Kang, said this at a two-day Clean Africa Show Conference and ExhibitionContinue Reading

NNPC Ltd, partners, NDDC inaugurate N24.5bn Ogbia-Nembe road

By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture (JV) partners, in collaboration with the Niger Delta Development Commission (NDDC), have inaugurated the 25.7km Ogbia-Nembe road in Bayelsa State. The JV partners are Shell Petroleum Development Company (SPDC), TotalEnergies and Nigeria Agip Oil CompanyContinue Reading

Expert laments market distortion over FG’s gas equipment import duty waiver

By Emmanuella Anokam The Techno Oil Group has urged the Federal Government to reverse its directive which placed imported Liquefied Petroleum Gas (LPG) cylinders and other components on custom duties and Value-Added Tax (VAT) payment exemption list. The company described the directive as a clear market distortion, adding that theContinue Reading