Dangote Names Access Road to $19 Billion Refinery After President Tinubu
On June 3, 2025, Aliko Dangote, Chairman of Dangote Group, officially named the 120-km access road to his $19 billion refinery in Lekki, Lagos, the Bola Ahmed Tinubu Way, in
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Gates Foundation’s $100 Billion Healthcare Investment Bolsters Nigeria’s Partnerships
On June 4, 2025, Bill Gates, co-chair of the Bill & Melinda Gates Foundation, highlighted that the foundation’s $100 billion investment in African healthcare over the past 25 years has
Federal Government Commissions First LCNG Plant in North-East
The federal Government commissioned Nigeria’s first Liquefied and Compressed Natural Gas (LCNG) plant in Maiduguri, Borno State on June 3, 2025, a $50 million facility to boost energy access in
NLNG Advocates AI Integration for Africa’s Energy Future
Nigeria Liquefied Natural Gas (NLNG) urged African nations to embrace artificial intelligence (AI) to transform their energy sectors, speaking at the African Energy Summit in Abuja. NLNG’s Managing Director, Philip
Nigerian Presidency Commits ₦2 Trillion to Clear Electricity Debts
On June 2, 2025, the Nigerian Presidency announced plans to pay ₦2 trillion of the ₦4 trillion owed to electricity distribution companies (DisCos) by federal agencies, aiming to stabilize the
Nigeria Imports Danish Cows to Cut $1.5 Billion Milk Import Bill
On June 1, 2025, the Federal Government launched a dairy self-sufficiency program, importing 5,000 Danish Holstein cows to reduce Nigeria’s $1.5 billion annual milk import expenditure. Agriculture Minister Abubakar Kyari,
Nigeria Unveils First National Cybersecurity Conference for 2025
The Federal Government of Nigeria, through the Office of the National Security Adviser (ONSA), announced on May 30, 2025, the inaugural National Cybersecurity Conference (NCSC 2025), scheduled for October 14-16,
Access Bank Finalizes Acquisition of National Bank of Kenya, Expands African Footprint
Access Bank Plc, Nigeria’s largest lender by assets, completed its acquisition of the National Bank of Kenya (NBK) from KCB Group on May 30, 2025, in a $100 million deal,
Trump Announces Plan to Double Steel and Aluminum Tariffs to 50%
U.S. President Donald Trump declared on May 29, 2025, his intention to double tariffs on steel and aluminum imports to 50%, targeting countries like China, Canada, and Mexico to protect
Sidi Ould Tah of Mauritania Elected African Development Bank President
Mauritanian economist Sidi Ould Tah was elected the ninth president of the African Development Bank (AfDB) on May 29, 2025, during the bank’s Annual Meetings in Abidjan, Côte d’Ivoire. Tah,
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