Nigeria: FG gives conditions for new port development for sustainable blue economy

WorldStage Newsonline– As the Nigerian Port Authority (NPA) embarks on the process of developing a port development master plan that would set out policy on port infrastructure development to match the current and future economic expectations/national goals and objectives, the Federal Government has revealed its position to discourage unsolicited port development proposals that are not based on viable projects and future developments contained in the infrastructure development plan of government under the National Transport Policy and programmes of the agencies.

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CBN’s MPC further raises reference interest rate by 100bps to 16.5%

WorldStage Newsonline– The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its two-day meeting today unanimously voted to increase the Monetary Policy Rate (MPR) further by 100bps to 16.5% – the fourth consecutive rate hike and the highest rate since November 2002 (18.5%).

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Niger Delta Blue Economy: UN group identifies $1.5trn blue opportunities, as expert raises environmental concerns

As Nigeria Blue Economy Stakeholders step up engagements through the Niger Delta Blue Economy Investment Forum to change the dynamics of the crude oil dependent region to a new future that is green and sustainable with practical projects, the United Nations Global Compact has drawn an attention to some blue investment opportunities that can be harnessed at a time when global sustainable bond issuance is sets to surpass $1.5 trillion in 2022.

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With Medtech Africa, a Nigeria’s startup plans to be top medical technology firm in the world

WorldStage Newsonline– Nelson Igbiriki, the CEO and founder of Medtech Africa, a Nigeria’s startup that empowers clinicians and hospitals with digital tools to address the full Spectrum of Cardiovascular diseases and NCDs in Africa, has a big dream; to be one of the top medical technologists in the world.

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Lafarge Africa grows net income by 11.2% to N44.9b in nine months 2022 despite 38% decline in Q3

WorldStage Newsonline– Lafarge Africa Plc, a leading Sub-Saharan Africa building solutions company and member of Holcim Limited has released its result for the third quarter 2022 with net sales growth sustained in Q3 but EBIT constrained by foreign exchange impact.

Lafarge Africa grows net income by 11.2% to N44.9b in nine months 2022 despite 38% decline in Q3 Read More