Indian Businessmen Get Nod To Invest $25M Into Nigeria

In a major move to redefine the curves of Nigeria’s financial sector, Indian investors have received the approval to inject $25 million into the Nigerian economy. This disclosed by Shri Chandramouli Kumar Kern, the India Consul General to Nigeria, at the inauguration of Artemis Laboratories Limited’s new pharmaceutical facility in Ota, Ogun State. According to […]

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Nigeria-Korea Institute Gets Board Approval  

  The programmes certified to run National Innovative Diploma (NID) include: Computer Software Engineering, Welding and Fabrication, Electrical and Electronic Engineering, Automotive Mechatronics Engineering and Networking and Systems Security, with effect from January 2024. The Nigeria–Korea Friendship Institute (NKFI) of Vocational and Advanced Technology, Lokoja, Kogi state, has secured full accreditation for its five programmes […]

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Nigeria, Sierra Leone, Boost Postal Services

The Nigerian Postal Service (NIPOST) has reaffirmed its commitment to partnering with the Ministry of Communications, Technology, and Innovation of Sierra Leone in its bid to bolster service delivery and enhance socio-economic development. The initiative, aligned with the Federal Government’s policy directives, underscores NIPOST’s determination to leverage technology for transformative outcomes. During a working visit […]

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Nigeria’s Foreign Reserve Nosedives

The International Monetary Fund (IMF) said Nigeria’s foreign reserve is expected to see a significant reduction, falling to $24 billion in the year 2024. This prediction was detailed in the IMF’s latest country report for Nigeria, signalling potential challenges ahead for Africa’s largest economy. As of February 8, 2024, data from the Central Bank of […]

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