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The federal government has signed contract agreements and memoranda of understanding for eight major road projects across the country. Works Minister Dave Umahi concluded the deals at the ministry headquarters in Abuja, binding the state to four flagship legacy highways and four strategic regional routes. The administration intends to fund these ventures through a combination…
Nigerian telecommunications companies have committed 2.5 trillion naira to infrastructure upgrades to fix a worsening service crisis. This massive capital injection follows years of consumer complaints about dropped calls and vanishing data. The Nigerian Communications Commission (NCC) is driving this push to modernise a network that feels increasingly brittle under rising demand. Most of this…
Atiku Abubakar has cautioned President Bola Tinubu against further external borrowing. The former Vice President labelled the government’s latest $516 million loan request as reckless. The administration seeks these funds to support the Sokoto-Badagry superhighway project. This proposal currently awaits Senate approval. Atiku argues the government lacks a transparent repayment framework for such debt. The…
Next year’s Africa Cup of Nations (AFCON) could be postponed until 2028, as doubts about the readiness of Kenya, Tanzania, and Uganda to host the prestigious tournament grow. The Confederation of African Football (CAF) is expected to discuss the potential delay during its executive committee meeting in Dar es Salaam on Friday. In addition…
The United Arab Emirates has projected a massive ten-billion-dollar investment push into the Nigerian economy. This ambitious financial commitment emerged during the high-profile Investopia Global Africa summit held in Lagos Nigeria on Monday. Emirati officials indicated that these funds will primarily target the infrastructure, digital economy, and renewable energy sectors. This strategic announcement signals…
