Business

FG would not probe Adesina, says Ogbeh

Contrary to claims in some section of the media that the current Minister of Agriculture and Rural Development, Chief Audu Ogbeh, would be probing former minister, Dr. Akinwunmi Adesina, Ogbeh said he has only commendation for his predecessor.

The minister, who spoke at an interactive session w [...]

Mon, 07 March 2016


Power generation hits 4,200MW

Power supply across the country is gradually picking up, as the Transmission Company of Nigeria, TCN, reveals that power generation has moved up to 4,200 megawatt, MW, after the sharp reduction from the 5,074MW generation peak recorded on February 2, 2016.

Nigeria’s average electricity gr [...]

Mon, 07 March 2016


Nigeria unveils enhanced data platform to drive FDI

In a bid to ensure the availability of reliable data and also drive foreign direct investment to the country, the National Bureau of Statistics, NBS, last week launched the Enhanced General Data Dissemination System, EGDDS.

Unveiling the platform in Abuja, the Statistician General of the Federa [...]

Mon, 07 March 2016


Fuel scarcity: long queues persist in Abuja

Despite moves by the Pipelines and Products Marketing Company, PPMC, to end the current fuel scarcity that has crippled economic activities in most parts of the nation, long queues remained a constant sight in filling stations in the nation’s capital, Abuja.

Some motorists have attributed [...]

Mon, 07 March 2016


Metering: Discos to lose billing rights unless…

Henceforth, electricity distribution companies that fail to properly meter customers under the Credited Advance Payment for Metering Implementation, CAPMI scheme, may lose the right to bill or disconnect such customers.

The Nigerian Electricity Regulatory Commission, NERC, had directed that any [...]

Mon, 07 March 2016


A meeting between the minister and CCI executives in Abuja.

L-R: President, Abuja Chamber of Commerce and Industry, ACCI, Mr. Tony Ejikeoyen, Minister, Federal Capital Territory, Muhammad Bello, Permanent Secretary FCT, Mr. Babatope Ajakaye, and Vice President ICT, ACCI, Mr.Adesoji Adesugba during a meeting between the minister and CCI executives in Ab [...]

Sun, 28 February 2016


Dwindling economy: NACCIMA urges businessmen to remain positive

As the economic downturn continues to weigh heavily on businesses across the country, the Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, has called on business operators to shun discouragement and remain positive in their endeavours.

National President of [...]

Sun, 28 February 2016


FG to empower 740,000 youth through agric-business

The federal government has shown interest in carrying on with the Youth Employment in Agriculture Programme, YEAP, introduced by former President Goodluck Jonathan, with a plan to empower 740,000 Nigerians through the programme.

The YEAP programme which was launched in December 2014, aims at cr [...]

Sun, 28 February 2016


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