6 h. ago NSDC, SINOMACH Seal $1bn Deal To Boost Nigeria’s Sugar Industry

The National Sugar Development Council (NSDC) has signed a landmark Memorandum of Understanding (MoU) with China’s state-owned conglomerate, SINOMACH, to develop a large-scale sugarcane cultivation and processing project in Nigeria with a target capacity of one million metric tonnes of sugar. The agreement, which is an early outcome of the Nigeria-China Strategic Partnership championed by […]

Politics

65 h. ago Chinese firm plans $1bn investment in Nigeria, lauds Sugar Master Plan

The National Sugar Development Council (NSDC) has signed a major Memorandum of Understanding (MoU) with SINOMACH, a Chinese conglomerate, for read more Chinese firm plans $1bn investment in Nigeria, lauds Sugar Master Plan

Politics

3 d. ago Chinese investors to inject $1bn into Nigeria’s sugar industry

The National Sugar Development Council has signed a Memorandum of Understanding with Chinese conglomerate, SINOMACH, for a sugarcane cultivation and processing project that aims to produce up to one million metric tonnes of sugar annually in Nigeria. According to a statement on Sunday, the agreement, a product of the Nigeria-China Strategic Partnership initiated by President Read More

Politics

6 d. ago FGN Power Company, Chinese firm sign $328M deal to boost electricity in Nigeria

The Federal Government of Nigeria (FGN) Power Company has signed a major Engineering, Procurement, Construction and Financing (EPC&F) contract worth read more FGN Power Company, Chinese firm sign $328M deal to boost electricity in Nigeria

Politics

8 d. ago BUA Foods’ sugar business overtakes Dangote as earnings swell

BUA Foods has unseated Dangote Sugar as Nigeria’s top sugar producer by revenue, marking a major shift in the country’s read more BUA Foods’ sugar business overtakes Dangote as earnings swell

Politics

1 week ago Nexus Soccer Academy partners with Austrian club for football growth

From Desmond Mgboh, Kano Nexus Soccer Academy in Kano State has signed a deal with SK Bischofshofen from Austria to boost football development. The agreement focuses on growing the sport in Nigeria. Jamil Abdussalam signed for Nexus Soccer Academy, while Patrick Reiter signed for SK Bischofshofen. Both leaders sealed the partnership officially. Abdussalam shared a […] The post Nexus Soccer Academy partners with Austrian club for football growth appeared first on The Sun Nigeria.

Politics

1 week ago Nigeria, UNIDO sign $174.59m deal to create jobs, boost development

The Federal Government and the United Nations Industrial Development Organisation have signed a $174.59m Programme for Country Partnership agreement to boost Nigeria’s industrial development. According to a press statement by Mrs Julie Osagie-Jacobs, Director of Information and Public Relations at the Ministry of Budget and Economic Planning, on Wednesday, the agreement, which will run for Read More

Politics

2 w. ago NITDA, Doballi ink deal to boost job placement for Nigerian tech talent

The National Information Technology Development Agency (NITDA) and Afrovision Technologies Limited (Doballi) have signed a Memorandum of Understanding (MOU) to read more NITDA, Doballi ink deal to boost job placement for Nigerian tech talent

Politics

3 w. ago Network sharing: MTN, Airtel deal to improve connectivity for 145m subscribers

MTN Group and Airtel Africa have entered a network sharing deal in Uganda and Nigeria. This deal will boost network read more Network sharing: MTN, Airtel deal to improve connectivity for 145m subscribers

Politics

4 w. ago US: Alphabet to buy Wiz for $32bn in its biggest deal to boost cloud security

Tribune Online US: Alphabet to buy Wiz for $32bn in its biggest deal to boost cloud security To secure the deal, Alphabet had to raise its offer significantly from last year’s $23 billion bid, which Wiz had turned down. The Israeli startup was last valued at $12 billion in a private funding round in May 2024, with annual recurring revenue surpassing $500 million by mid-year.  US: Alphabet to buy Wiz for $32bn in its biggest deal to boost cloud security Tribune Online

Economics