UK Plans $150m Waste Plants In Lagos     The British Government has approved more foreign investments in Lagos state, as a plan is underway for the take-off of the first waste-to-energy plant in the state. The facility valued at about $150 million would process 2.5 tonnes of...

Aviation: Experts Foresee Early Recovery In Africa         Aviation experts have foreseen an early recovery for aviation. This is despite the challenges that had ravaged the industry as well as the second wave that have forced some countries to close their borders. Over 40 countries have banned flights...

Nigeria’s Oil Faces Threat As Electric Vehicle Sales Rise         The rising number of countries gradually shifting from fossil fuels and encouraging the adoption of electric vehicles may pose a major threat to Nigeria’s crude oil exports. Sales of electric cars topped 2.1 million globally in 2019,...

Africa Needs $108bn For Infrastructure Financing – Adesina         The President of the African Development Bank, Dr Akinwumi Adesina, has urged African leaders to tackle infrastructural challenges as an annual estimate of between $64 and $108bn is required to finance the infrastructural gap. According to a statement...

Nigeria Records $414.79m Foreign Direct Investment In Q3 – NBS         Nigeria recorded $414.79m Foreign Direct Investment in the third quarter of 2020 out of a total of $1.46bn capital inflow into the country during the period under review. The National Bureau of Statistics disclosed this in...

COVID-19: Airlines Face New Threat As Second Wave Spreads       With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air travel. Aviation experts have expressed worry that...