August 8, 2025

General

General NEMA

NEMA Partners Stakeholders to Boost Disaster Mitigation in Borno and Yobe

Maiduguri, July 27, 2025  The National Emergency Management Agency (NEMA) has intensified its collaborative efforts with key stakeholders to strengthen disaster mitigation and response capacity in Borno and Yobe states. In a strategic engagement held in Maiduguri, NEMA brought together local emergency responders, security agencies, civil society organisations, and community leaders to discuss coordinated strategies

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General

AI Projected to Reduce Global IVF Costs and Boost Remote Work Market to $127 Billion by 2030 – Expert

Lagos, July 27, 2025  Artificial Intelligence (AI) is set to dramatically reshape healthcare and employment landscapes, with global in-vitro fertilization (IVF) costs expected to plummet and the remote work economy projected to hit $127 billion by 2030, according to tech industry experts. A renowned AI strategist speaking at a global innovation forum highlighted that machine

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General

Dangote Refinery Takes Delivery of 4,000 CNG Trucks in Lagos for August Fuel Distribution Kickoff

Lagos, July 27, 2025  The Dangote Refinery has received a fleet of 4,000 Compressed Natural Gas (CNG)-powered trucks at its Lagos facility in preparation for the commencement of fuel distribution operations slated for August 15. The delivery marks a critical phase in the refinery’s nationwide fuel supply rollout plan, aimed at transforming petroleum product logistics

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General

Nigeria Losing $15 Billion Annually Due to Broadband Infrastructure Gap – Expert

Abuja, July 27, 2025  Yinka Isioye, a digital infrastructure expert, has revealed that Nigeria’s economy suffers an estimated $15 billion loss annually due to the persistent broadband connectivity gap across the country. Speaking at a recent industry forum in Abuja, Isioye emphasized that the underdevelopment of broadband infrastructure is limiting Nigeria’s full participation in the

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General

Diaspora Remittances to Nigeria Reach $20.93 Billion in 2024

Abuja, July 27, 2025  Nigeria recorded a total of $20.93 billion in diaspora remittances in 2024, reinforcing the vital role of overseas Nigerians in supporting the national economy amid persistent fiscal and foreign exchange challenges. The latest figures, released by the Central Bank of Nigeria (CBN), show a marginal increase compared to the $20.13 billion

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General Investment

Ogun State Partners Arise IIP to Establish $2 Billion Garment Manufacturing Hub

Abeokuta, July 27, 2025  The Ogun State Government has sealed a strategic partnership with Arise Integrated Industrial Platforms (Arise IIP) for the development of a $2 billion garment manufacturing facility, marking one of the largest investments in Nigeria’s textile and apparel sector. The landmark agreement was formalized in Abeokuta with Governor Dapo Abiodun emphasizing the

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Economy General

Nigeria’s Scrap and Waste Sector Aims to Create 5 Million Jobs by End of 2025

Abuja, July 27, 2025  Nigeria’s booming scrap and waste recycling industry is setting its sights on generating an additional five million jobs before the end of 2025, as the sector continues to expand across urban and rural communities. The National Environmental Standards and Regulations Enforcement Agency (NESREA), in collaboration with stakeholders in the circular economy,

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General

MRS Oil Shares Suspended on NGX Ahead of Voluntary Delisting, Eyes NASD Listing

Lagos, July 27, 2025 Trading in the shares of MRS Oil Nigeria Plc has been officially suspended on the Nigerian Exchange (NGX) as the company moves forward with plans to voluntarily delist from the stock market. The suspension, which took effect on Friday, follows an application by the company for voluntary delisting, in line with

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General

Ikeja Electric Discloses Scheduled 25-Day Power Outage Across Parts of Lagos for Essential Infrastructure Upgrade

Electricity consumers within select parts of Lagos State are bracing for extended outages as Ikeja Electric Plc has formally announced a 25-day planned power interruption, which the utility company says is necessary to carry out critical maintenance and infrastructure upgrades on its network. The exercise, according to information obtained by KIIN360, is expected to run

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Air Force General Technology

NAF Begins Specialized Training on Anti-UAV Radar System in Maiduguri

The Nigerian Air Force (NAF) has commenced a specialized training programme on anti-Unmanned Aerial Vehicle (UAV) radar systems in Maiduguri, Borno State, as part of ongoing efforts to enhance air defence capabilities and counter evolving security threats. The initiative, which began on Saturday, July 26, 2025, is designed to equip personnel with advanced skills required

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