World Bank: Diaspora Nigerians Remitted $168 billion in Eight Years.
In the last eight years, the Nigerian Diaspora has sent $168.33 billion to Nigeria, according to data compiled by our…
Day: April 25, 2023
A Nationwide Blackout is Imminent as Energy Drops Below 4,000 MW.
Customers across the nation had a limited supply of electricity over the weekend as power generation to the national grid…
Ioc: Nigeria Lost N2.3tn Revenue to Oil Theft in a Year.
Due to problems with pipeline vandalism and the ensuing oil theft, Nigeria lost the chance to produce and export roughly…
NNPCL: AKK Pipeline Construction Gulped $1.1bn.
According to Mele Kyari, group chief executive officer of NNPC Ltd., the Nigerian National Petroleum Company Limited has already invested…
40% Pay Rise – Crisis Looms in Nigeria Universities.
There are signs that university unions may protest the federal government for allegedly leaving their members out of the 40…
Sudan War: The Only Viable Exit for Nigerians Is By Road – Government.
The federal government declared Friday night that a road evacuation of Nigerians from the war-torn Sudan was the only practical…
Criterion Africa Partners Completes Investment in Merensky Timber.
Merensky Timber, one of the top integrated timber product companies in Africa and a fully owned subsidiary of Hans Merensky…
AFC Equity Investment to Buy Ghana-focused Aker Energy.
Aker Energy, the owner of the Pecan oilfield off the coast of Ghana, will be purchased through a deal mediated…
Raxio Secures $170m Funding for Data Center Rollout in Africa.
To aid in its expansion throughout the continent, pan-African data center developer Raxio Data Centres has obtained a debt arrangement…
DPI Acquires ex-Louis Dreyfus Company Solevo.
Development Partners International (“DPI”), an investment business with a focus on Africa, has acquired Solevo Group (“Solevo”). It’s a major…