indus-admin

UK Govt Launches Fund to Boost Nigeria’s Creative Industry

The UK-Nigeria Technology Hub has launched its Creative Fund, a first‑phase grants initiative designed to address critical technical capacity gaps across Nigeria’s film, fashion, and music industries. The fund will support the development of local digital production capacity, encourage the adoption of modern creative technologies, and promote the responsible use of Artificial Intelligence (AI), to…

Read More

Nnaji: Nigeria Has Not Financed Construction of Any Major Power Plant for 11 Years

“Nigeria has not financed any major power generating plant in 11 years after government scrapped key risk guarantees that once attracted global investors.” That’s the Chairman of Geometric Power Group, Prof. Barth Nnaji. Nnaji stated this Monday in Lagos at the ongoing 19th Annual Conference of the Nigerian Association for Energy Economics (NAEE), under the…

Read More

CBN launches NOFR to deepen money market

The Central Bank of Nigeria on Friday announced the introduction of the Nigerian Overnight Financing Rate (NOFR) as a new benchmark for the country’s money market, aimed at improving transparency and strengthening monetary policy transmission. The disclosure was contained in a press statement issued by the CBN’s Acting Director of Corporate Communications, Hakama Sidi-Ali. According…

Read More