The Lagos State, Glovo and She Code Africa have partnered to empower women in an effort to the state government, through the Ministry of Commerce, Cooperatives, Trade, and Investment, led by Mrs. Folashade Ambrose-Medebem, and the Ministry of Science and Technology, led by Dr. Olatubosun Alake, has celebrated the graduation of 100 women from the…
Minister of Works, David Umahi, has announced the commencement of clearing and dredging for Section Two of the Lagos-Calabar Coastal Highway. He said the process follows existing laws and global best practices, focusing on maintaining pavement levels, protecting shorelines, and incorporating climate-resilient measures. Speaking at a stakeholders’ meeting in Lagos, Umahi stated that the project…
The Nigeria Customs Service (NCS) has generated over N347billion revenue from its Tin-Can Island port in Lagos, in the first quarter of this year. This was disclosed in Lagos on Monday, by the Area Comptroller of Frank Onyeka. According to him, “in January the Command generated N116, 412,735,766.23, which represents 24.06 per cent more than…
Neveah Ltd, a recycling plant for the production of aluminium and copper ingots has been established in the Ogun State. The Managing Director and Chief Executive Officer of Neveah Ltd, Mr. Ibidapo Lawal stated this on Monday after a meeting with Governor Dapo Abiodun in his office at Oke-Mosan, Abeokuta. Lawal noted that the multimillion-dollar…
The Managing Director and CEO of the Nigerian Railway Corporation (NRC), Dr. Kayode Opeifa, has highlighted the crucial role of the South-East Development Commission (SEDC) in the Federal Government’s vision to rehabilitate, expand and optimize the country’s railway infrastructure. He spoke yesterday during a working visit by the leadership of the SEDC to the NRC…
Start-ups in Nigeria, Kenya and others raised $460million in the first quarter (Q1) of this year through $100k+ deals (exc. exits), which is actually not much below the Q1 2024 number ($486million -five per cent YoY), according to new report. The report, entitled: Africa: The Big Deal, noted that Q1 2024 already wasn’t a particularly…
The World Bank has approved three funding operations for Nigeria, totaling $1.08 billion in concessional financing. These initiatives aim to improve quality of education, strengthen household and community resilience, and enhance nutrition for underserved groups. The funding includes $500 million in additional financing for the NIGERIA: Community Action for Resilience and Economic Stimulus (NG-CARES) Program,…
Ride hailing firm, inDrive, has restated its commitment to making its service as reliable and secure as possible. It said over the past year, it has seen incredible growth in new clients in Nigeria, with person-to-person (P2P) deliveries – such as parcels sent between friends, family, or individuals – tripling and B2B deliveries growing sixfold….
The National Horticultural Research Institute (NIHORT) has announced that it will soon release new, pest-resistant pepper varieties to address pepper shortage and soaring prices in the markets. This development comes as a welcome relief to consumers and traders alike, who have witnessed an unprecedented surge in pepper prices. The price of a large bag of…
