How Ford and VW’s multibillion-dollar self-driving car project failed

Category: Procurement News

Ford and Volkswagen invested billions into self-driving startup Argo AI to match rivals such as Uber, Tesla and Google. In October 2022 the project shut down....

Buhari upgrades presidential clinic with N21 billion

Category: Procurement News

President Muhammadu Buhari has upgraded the State House Clinic back to a Medical Centre with a total cost of N21 billion....

Swiss regulator defends controversial $17 billion writedown of Credit Suisse bonds

Category: Procurement News

Swiss regulator FINMA on Thursday defended its decision to instruct Credit Suisse to write down its AT1 bonds — a controversial part of the lender’s...

NHF alerts 1.54 billion people risk being hypertensive by 2025

Category: Procurement News

The Nigerian Heart Foundation (NHF) has said that an estimated 1.54 billion people globally may be hypertensive by 2025. NHF Director, Prof. Basden Onwubere,...

NGX sustains positive sentiments as indices rise further by N17 billion

Category: Procurement News

Buying interests in Guaranty Trust Holding Company (GTCO) and eight stocks aided the Nigerian Exchange Limited (NGX) to sustain positive sentiments yesterday,...

FCMB Group issues N20.68 billion bond

Category: Procurement News

FCMB Group Plc has announced the issuance of N20.68 billion perpetual 16 per cent fixed rate resettable NC5.25 additional tier 1 capital subordinated bond as...

As The Rains Come, Ekiti State Seeks NEMA’s Intervention Against Impending Flood

Category: Procurement News

Ahead of the impending flood predicted by the Nigerian Meteorological Agency (NiMet), in many states across the federation, the Ekiti State governor, Biodun...

‘Ensure MDAs’ procurement plans are implemented’

Category: Procurement News

By Tokunbo Ogunsami Lagos State Head of Service, (HoS), Mr. Hakeem Muri-Okunola, has urged officers to ensure procurement plans of Ministries, Departments...

Lagos to integrate LASUTH, 28 General Hospitals on e-procurement platform

Category: Procurement News

The Lagos State Government says it will integrate the Lagos State University Teaching Hospital (LASUTH) and 28 General Hospitals on the e-procurement platform....

Lagos HoS charges accounting officers on Procurement Law

Category: Procurement News

Director-General of the Agency, Fatai Idowu Onafowote, warned that the agency would no longer process the requests for approval instruments from Ministries,...

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