Franklin Uzor

MTN Nigeria reported a half-year revenues of N638 billion in 2020 compared to N566.9 billion reported same period last year. The 12.5% pop was driven by growth in data revenues in the first and second quarters of…

The Aba automated shoe factory is set to commence operations, September 2020. Technical partner of the Factory, Mr Osaro Ekonweren, who disclosed this after the inauguration of the Board of the company by Gov.Okezie Ikpeazu, in Umuahia,…

In a bid to support local industries, Foodco Nigeria Limited, a diversified consumer goods company with interests in retail, quick service restaurants, manufacturing and entertainment, has announced the expansion of its personal care and apparel lines with…

The Nigeria Export Processing Zones Authority and , Nigeria’s first Digital Agriculture Platform, Farmcrowdy are discussing options for the establishment of an Agriculture Special Economic Zone for Nigeria. Farmcrowdy boss, Onyeka Akuma had visited the Managing Director…

With the approval of N1 billion seed capital for investment in tourism, Lagos State is set to drive a new growth in hospitality business. Governor Babajide Sanwo-Olu announced the approval of the loan on Wednesday at the…

The Federal Government on Wednesday signed a Memorandum of Understanding with the DOR Group of Israel for the production of ethanol in Nigeria. Minister of Science and Technology, Ogbonnaya Onu, and his Minister of State, Mohammed Abdullahi,…

The investment drive of the Ondo State governor, Arakunrin Oluwarotimi Akeredolu, SAN, is already yielding fruit as companies sited at the Ore Industrial Park begin full operations. Governor Akeredolu had signed Six Memorandum of Understanding (MoU) with…

In order to fast-track the implementation of the National Digital Economy Strategy and Policy the Federal Government has commissioned three ICT infrastructure projects deployed by the National Information Technology Development Agency (NITDA) across the country. The projects,…

The Lagos State is establishing a N10 billion Aquaculture Centre of Excellence (LACE) to encourage local production and support the Federal Government’s move to stop fish import by 2022. This is coming on the heels of the…

The Nigerian Stock Exchange (NSE) has approved application by Transcorp Hotels Plc to raise N10 billion in new equity funds from its existing shareholders. Regulatory documents obtained at the weekend indicated that the management of the NSE,…