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Zamfara commissions $200m lithium plant

Zamfara Government has commissioned a $200 million lithium mining and processing plant in Zamfara State. The Zamfara Lithium Mining and Processing Plant, located in Boko Village, Zurmi Local Government Area, is a joint investment by ZAM Mining Company Ltd, Bima…

Posted on VN
Appointments Business Energy Industry & Commerce International Business

Doku takes a bow, Angela steps in as GM Corporate Affairs at WAPCo

Sopuruchi Onwuka The West African Gas Pipeline Company Limited has announced the end of the tenure of Dr. Isaac Adjei Doku in the leadership of its Corporate Affairs Division, and subsequent appointment of Mrs. Angela Yasmin Heymann as the new…

FG moves to drive down cement prices, to engage producers from July 1

Minister of Works, Engr. David Umahi has said the Federal Government will begin engagements with cement manufacturers from July 1 to address the rising cost of cement in the country. Umahi revealed this at the unveiling of Lafarge’s new corporate…

Posted on VN
Business Industry & Commerce Investments

Dangote unveils plan for Nigeria’s largest industrial zone in Ondo

President of the Dangote Group, Aliko Dangote, has unveiled plans to develop what is expected to become Nigeria’s largest industrial and free trade zone in Olokola, Ondo State, in a move aimed at accelerating industrialisation, boosting manufacturing and creating thousands…

PIC-FUEL: Nigeria’s decarbonization quest ignores homemade solutions

Sopuruchi Onwuka Nigeria’s search for solutions in sharpening a national climate agendum that targets decarbonization appears focused on blaming developed nations for failing to evolve ways of cleaning up petroleum energy for continued usage. And the country’s insistence that the…

FG launches EMERGE scheme to fund mineral exploration, research

Federal Government has launched the Early-Stage Mineral Exploration and Research Grant Endowment (EMERGE), a new funding initiative designed to support mineral exploration, critical minerals development, and geoscience research across Nigeria. This is also as the minister of Solid Minerals Development,…

Posted on VN

31 MDAs adopt FG’s revenue optimisation platform

Total of 31 ministries, departments and agencies (MDAs) of government have adopted the Revenue Optimisation and Assurance Platform (RevOP) and the Federal Treasury e-Receipt (FTe-R) to improve overall transparency in Federal Government financial operations. This was disclosed, Tuesday, during a…

Posted on VN

Airbus cites ‘severe bottlenecks’ over A350, A320neo delivery delays

Commercial aircraft manufacturer, Airbus has blamed ‘severe bottlenecks’ for the delays experienced in delivery of the A350 and A320neo family aircraft to customers. According to the manufacturer, the delays could stretch from one month to four years. Explaining the delay,…

Posted on VN

Cement firms report impressive Q1 growth, applaud reformed forex for stabilizing industry

Nigeria’s cement manufacturing firms, including; BUA, Dangote and Lafarge have reported impressive first quarter financial statements. The growth comes amid claims of inclement operating environment riddled with high operating costs, logistics, and other overheads which have seen the market price…

Posted on VN

Shareholders approve new name for Lafarge Africa

  Shareholders of Lafarge Africa have approved a resolution to change the company’s name to HBM Nigeria Plc. I According to a notice filed with the Nigerian Exchange (NGX) Limited on Tuesday, the decision was taken at the firm’s 67th annual…