Business





Osibanjo tasks Africa, others, on global trade opportunities

Vice President Yemi Osinbajo has asked developing countries, especially those in Africa, to take advantage of the $50 trillion export opportunity available in global trade by fully implementing the Trade Facilitation Agreement of the World Trade Organisation.

Osinbajo gave the advice in [...]

Fri, 03 November 2017


NCC moves to stop menace of unregistered, pre-registered SIM cards

 

The Nigerian Communications Commission, NCC, said it is set to clampdown on owners and users of unregistered and pre-registered Subscriber Identification Module, SIM, cards in the country, saying the country cannot afford the risk such practices pose to its citizens.

Execu [...]

Fri, 03 November 2017


‎Our strategies will ease debt service risk – Adeosun

The federal government has expressed confidence that the various revenue and debt management strategy employed by the current administration would mitigate the country’s debt service risk and fast-track her development.

According to the Minister of Finance, Mrs. Kemi Adeosun, a ke [...]

Fri, 03 November 2017


AfDB denies calling off loan to Nigeria, considers $400m loan request

 

The African Development Bank, AfDB, has denied media reports alleging that the bank has called off a proposed $600m loan to Nigeria rather, it could consider Nigeria for an additional $400m loan if such a request was approved by its Board.

The Director, Communication and E [...]

Fri, 03 November 2017


9 firms battle to monitor Discos and Gencos

 

Atleast nine consulting firms are battling for the right to monitor the Nigerian power sector, with the aim of managing post-privatisation challenges in the sector.

The bid signals the recommencement of a process that was stalled two years after the procurement process for [...]

Fri, 03 November 2017


NNPC to establish biofuel plant in Ondo state

 

The Nigerian National Petroleum Corporation, NNPC, has signed a Memorandum of Understanding, MoU, with the Ondo State Government to establish a biofuel plant in Okeluse, Ondo State.

A statement by the corporations spokesperson, Mr. Ndu Ughamadu, said the plant, which is es [...]

Thu, 02 November 2017


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PhotoObiano saves APGA from extinction, wins

The Igbo adage “Nkea bu nke anyi”, this is our own, came true on Saturday in Anambra State as Mr. Willie Obiano was re-elected as gover [...]

20 November 2017