The Mechanism will provide a $2 million partial trade credit guarantee and a grant of $219,000 to Apollo Agriculture Limited, a Kenyan corporation, to facilitate the company’s fertilizer sales. In a significant step to advance food security in Kenya, the…
Technology & System
German, France sign deal on developing future weapons system
By Carsten Hoffmann, dpa The French and German defence ministers signed an agreement in Paris on Friday for a joint Franco-German led armaments project worth billions of euros, which includes the development of a next-generation main battle tank. German…
ABCON Mulls Harmonized Retail End Forex Market to Tackle Volatility, Boost Regulatory Compliance
The Association of Bureaux De Change Operators of Nigeria (ABCON) is working on establishing a unified retail end forex market operations to tackle volatility and boost regulatory compliance within the Bureaux De Change (BDC) sub-sector. ABCON President, Alhaji (Dr.) Aminu…
Technical Group on Flooding, Erosion and Desertification completes Assignment
TWG OF NEC AD-HOC COMMITTEE ON FLOOD, EROSION, DROUGHT AND DESERTIFICATION COMPLETES ITS ASSIGNMENT The Honourable Minister of State, Federal Ministry of Water Resources and Sanitation, Rt. Hon. Bello Muhammad Goronyo, Esq., and Co-Chair of the Technical Working Group’s…
Nigeria to lose 0.94% of GDP, 3.8% of health budgets to lack of WASH facilities
WaterAid says that Nigeria will lose 0.94 per cent of its GDP each year and 3.8 per cent of its health budgets to infections caused by the lack of handwashing facilities, clean water and decent toilets. This is contained in…
Axxela Announces Final Investment Decision (FID) to develop a 50 MMSCF/D Gas Processing Plant
Axxela Limited, a leading gas and power portfolio company in Sub-Saharan Africa, have announced that it has taken a Final Investment Decision (FID) for the development of a gas processing plant situated in OML 56, Delta State, South-South Nigeria. This…
We ‘ll demystify cost of oil and gas production In Nigeria – Petan Chairman
Presents NNPCL GCEO With PETAN’s Excellence Award for the Frontier Basin Exploration Initiative The Petroleum Technology Association of Nigeria (PETAN), Chairman, Engr. Wole Ogunsanya has assured that the group will demystify the cost of oil and gas production in…
Forex rate affecting startup’s investment – Digital Investment Expert
Mr Ina Alogwu, Group Director, Digital Transformation, Asset & Resource Management Holding Company (ARM HoldCo) says Foreign Exchange (FX) rate is affecting startups’ from getting investment for their business. Alogwu said this in Lagos, during “The Catalyst”, a startup programme,…
18th Islamic Development Bank (IsDB) Global Forum to Explore Innovation, Entrepreneurship, and Leadership in Islamic Finance
This year’s Forum will bring together thought leaders, policymakers, financial experts, and other stakeholders in the Islamic finance industry to deliberate on innovative tools to foster sustainable development The Islamic Development Bank (IsDB) Institute is pleased to announce the…
Trina Storage and Pacific Green sign Letter of Intent of 1500 MWh energy storage system at WFES
At the World Future Energy Summit held in Abu Dhabi in the United Arab Emirates from April 16 to 18 the global energy storage and technology companies, Trina Storage and Pacific Green, had signed a letter of intent relating to…
