Nneoma Micheal

UAE Firm Commits $200M to Boost Nigeria’s Defence Technology

A United Arab Emirates-based company, Elmirate Investment LLC (also known as Elmirate Capital). Has pledged up to $200 million to develop defence technology, satellite systems, and advanced manufacturing in Nigeria. However, The defence technology investment follows the signing of a strategic agreement with Nigerian partner Nigus International Investment Limited. Marking a major step toward strengthening…

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FG Moves to Boost Cybersecurity, Safeguard Nigerians’ Digital Rights

The Federal Government has reaffirmed its commitment to strengthening cybersecurity and protecting the digital rights and privacy of Nigerians as online activities continue to grow across the country. According to Ayodele Bakare, Assistant Director in the Cybersecurity Department of the National Information Technology Development Agency (NITDA). The government has already developed several policy and regulatory…

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Zenith Bank Opens New Branch in Manchester to Expand Global Reach

Leading Nigerian financial institution Zenith Bank Plc has announced the opening of a new branch in Manchester. Thus marking another step in its international expansion strategy. The move is part of the bank’s broader effort to strengthen financial connections between Africa and global markets, particularly between Nigeria and the United Kingdom. Expanding International Presence The…

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Nigerian Breweries, Guinness Set to Raise Drink Prices Over Rising Costs

Major beverage companies in Nigeria, including Nigerian Breweries Plc and Guinness Nigeria Plc, have announced plans to increase the prices of some of their products as businesses continue to grapple with rising operational expenses. Price Adjustment Takes Effect March 20 In a notice sent to distributors, Nigerian Breweries revealed that it would review the prices…

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