3 results
- 14 Aug 2024
NASENI, Ministry of Defence, DICON Sign Landmark MoU to Establish Nigeria's Ammunition Production Factory
In a significant step towards enhancing Nigeria's defence capabilities and achieving self-reliance in military hardware production, the National Agency for Science and Engineering Infrastructure…
- 16 Nov 2023
Ajaokuta Steel: Mittal, Indian Businessman Gets $500m Bailout in Nigeria
A company owned by Pramod Mittal, an Indian businessman who was the chairman of Ispat Industries Limited (now JSW Ispat Steel) is reportedly getting almost $500 million after the federal government…
- 24 Dec 2024
NERC Discloses $5.7 Million Debt Owed by International Customers for Q3 2024 Electricity Supply
Nigerian Electricity Regulatory Commission (NERC) has disclosed that international customers owe $5.7 million for electricity supplied in the third quarter (Q3) of 2024. The debtors include…