U.S.-based software giant Oracle has planned to invest more than 6.5 billion dollars to open a public cloud region in Malaysia. This is in order to meet the rapidly growing demand for its Artificial Intelligence (AI) and cloud services in the country. The planned Malaysia expansion would extend Oracle Cloud Infrastructure (OCI) in the Asia-Pacific…
The West and Central Africa Wheat Development Network (WECAWheat), says it is intensifying efforts to achieve self-sufficiency in wheat production in the region. Prof. Benjamin Ubi, Regional Coordinator of WECAWheat, stated this at a news conference on Tuesday in Abuja. He said that the Second Regional Summit on Wheat Production in West Central Africa would…
The Abuja Chamber of Commerce and Industry (ACCI) says the private sector plays a pivotal role as a driver of innovation, job creation, and social progress. According to a statement by Olayemi John-Mensah, ACCI Media Officer, its President, Dr Emeka Obegolu, said this on Tuesday at the Nigeria-Belgium-Luxembourg Business forum 2024. Obegolu said the forum…
The Comptroller-General, Nigeria Immigration Service (NIS) Kemi Nandap, has emerged as Chairperson of the Economic Community of West African States (ECOWAS) Heads of Immigration Forum. This is contained in a statement by the Service Public Relations Officer (SPRO) Mr Kenneth Udo on Tuesday in Abuja. Udo said that the milestone occurred during the forum’s recent…
The African Development Bank (AfDB) said on Monday that it approved financing worth 70 million euros for Moroccan lender Bank of Africa, to promote access to trade finance in Africa. The AfDB said in a statement that the trade finance facility comprises a Risk Participation Agreement (RPA) of 50 million euros and a Trade Finance…
The World Bank has pledged to support the Federal Government in turning Nigerian forests to economic hubs. Malam Balarabe Lawal, Minister of Environment, disclosed this on Monday in Abuja when he hosted a World Bank team. The team was led by Ndiame Diop, World Bank Country Director for Nigeria, and Chakib Jenane, Regional Director for…
President Bola Tinubu has appointed Mr Joseph Tegbe as director-general and global liaison for the Nigeria-China strategic partnership reached by the two countries during the President’s visit in September. Tegbe, a 1988 first-class graduate in civil engineering from Obafemi Awolowo University, will report directly to the President, Mr Bayo Onanuga, the President’s Special Adviser, Information…
The Emir of the State of Qatar, Sheikh Tamim Bin Hamad Al Thani, said his country would continue to mediate for peace in Gaza, saying, the international community bears responsibility for its failure to stop the catastrophe in Gaza. The Amir of Qatar told world leaders at the UN General Assembly that after almost a…
The International Committee of the Red Cross (ICRC) has called on all stakeholders to improve efforts to ensure that various treaties of international humanitarian law are domesticated in Nigeria. Mr Rafiullah Qureshi, Deputy Head of Delegation for the ICRC in Nigeria, said this in Abuja on Tuesday during an ECOWAS annual review meeting. Qureshi called…
The Federal Government and the United Kingdom (UK) have reaffirmed their commitment to strengthening and deepening trade relations. Amb. Nura Rimi, the Permanent Secretary in the Federal Ministry of Industry, Trade and Investment, said this at the Inaugural Nigeria-UK Business Dialogue in Abuja. The News Agency of Nigeria (NAN) reports that both countries signed a…
