NASENI secures $200m procurement deal with REA

Category: Procurement News

The National Agency for Science and Engineering Infrastructure has achieved a significant milestone by securing a $200m procurement agreement with the Rural...

Presidential yacht already in Nigeria as Reps panel investigates Navy over procurement

Category: Procurement News

The Navy said the presidential yacht “came a little after the Presidential Fleet Review 2023 for which she was to be put to use by the then president...

EFCC Indicts NIPC Boss Aisha Rimi For Diverting N3 Billion From Top Southwest State’s Account

Category: Procurement News

Details of how the Economic and Financial Crimes Commission (EFCC) indicted newly appointed Nigerian Investment Promotion Commission (NIPC) boss, Aisha Rimi...

Nigeria’s GDP worth $600 billion — Expert 

Category: Procurement News

An economic expert and the Chief Executive Officer of Chapel Hill Denham, Bolaji Balogun, has said that contrary to estimates, Nigeria’s Gross Domestic...

Ganduje Left Us With Nothing But Over N500 Billion Debt – Kano Govt

Category: Procurement News

The deputy governor said the huge debt impeded the smooth take-off of the NNPP government in Kano, insisting the total debt will be announced to Nigerians...

FTX founder Sam Bankman-Fried convicted of multi-billion-dollar fraud

Category: Procurement News

The founder of FTX Trading Ltd, a cryptocurrency exchange firm, Sam Bankman-Fried, has been found guilty of stealing $8 billion from customers of his...

Aliko Dangote cracks world’s top 10 manufacturing billionaires

Category: Procurement News

Aliko Dangote is the only African in  the top 10 manufacturing billionaires worldwide. This serves as an inspiration to African read more Aliko Dangote cracks...

Canned tuna is a $40 billion industry. But it’s facing some existential threats

Category: Procurement News

Shifting consumer preferences, market consolidation, sustainability and a nearly decade-long price-fixing scandal all dinged tuna’s popularity among...

Creation Africa: ‘XR, Emerging Technologies Ecosystem In Nigeria, Africa Underfunded’

Category: Procurement News

African creatives in the emerging technologies industries of Extended Reality (XR), Animation, eSports, eGames and Films said the industry’s ecosystem in...

Reps summon CBN, DISCOs, contractors over alleged misuse of $321m loans for electricity projects

Category: Procurement News

The House of Representatives Public Accounts Committee has summoned the Central Bank of Nigeria, CBN, and 11 Electricity Distribution Companies, DISCOs, in...

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