• Balogun, Okonjo-Iweala hail Adesina’s emergence as 2017 World Food Prize Laureate

    Nigeria’s Chargé d’Affaires to the U.S., Hakeem Balogun, and a former Minister of Finance, Dr Ngozi Okonjo-Iweala, have lauded the emergence of Dr Akinwumi Adesina as the 2017 World Food Prize Laureate. Balogun and Okonjo-Iweala said that Adesina’s selection for the prestigious prize was a great honour for Nigeria. Adesina, ...

  • BSN partners Toastmasters on public speaking

    Folashade Adebayo The President, Business School Netherlands, Mr. Lere Baale, has said that the school’s partnership with Toastmasters International will build a community of Nigerians with leadership and communication skills. Baale said this last Thursday during a charter presentation award to the school by the District Director, Toastmasters International District ...

  • ‘Battery the only language my wife understands’

    A photojournalist accused of beating his wife to a pulp said on Tuesday battery was the only language the woman understands. Francis Abiagan, an employee of Business Day Newspaper, said his wife of 10 years, Joy, had made life difficult for him since he brought his sick mother to their ...

  • Nigeria: CJN Asks Judges to Invoke Arbitration Clause to Attract Foreign Investment

    [Guardian] Abuja -The Chief Justice of Nigeria (CJN), Justice Walter Onnoghen, has urged judges across the federation, to invoke their powers under respective rules of courts to issue practice directions on arbitration clause.

  • Transitioning The Economy To Stage Two

    By Arize Nwobu On July 4, 2017, the Chartered Institute of Stockbrokers (CIS), will hold its Annual National Workshop at Transcorp Hilton Hotel, Abuja, with the theme, ‘’Transiting From Recession to a Global Economic Power: A Working Template for Nigeria’’. The workshop will witness an assemblage of eminent personalities and ...

  • Nigeria is now Africa’s largest ICT market – Tickoo

    The Head, Business Operations, NIIT, Sanjay Tickoo, speaks to OZIOMA UBABUKOH on the institution’s scholarship programme for Nigerian students and the need for Information Technology education In today’s competitive environment, in what way can young people excel in a career in Information Technology? Today, Information Technology has changed the way ...

  • Customs generated N239.4bn revenue in first quarter – Ministry

    Ifeanyi Onuba, Abuja The Nigeria Customs Service generated a total sum of N239.4bn in the first three months of this year, figures obtained from the Federal Ministry of Finance have revealed. The amount is contained in a document showing the activities of the ministry in the last two years, which ...

  • Foreign firms to develop solar projects across Nigeria

    ‘Femi Asu A Germany-based global solar developer, Soventix, and Gentec EPC have formed a joint venture called Soventix Hybrid Limited to develop solar projects across Nigeria. With the agreement and respective capabilities, both companies have secured a strong market position in the Nigerian solar market, according to a statement from ...

  • Jonathan urges Nigerians to pray for peace

    Olusola Fabiyi with agency report Former President Goodluck Jonathan on Monday called on Nigerians to pray and work toward the nation’s unity, as Muslims celebrate Eid-el-Fitr. Jonathan made the call in Abuja while playing host to a delegation of former Peoples Democratic Party ministers. The immediate past president said that ...

  • Nigeria’s e-commerce space worth $1bn – MasterCard

    Ozioma Ubabukoh United States-based payment technology company, MasterCard Incorporated, says it is collaborating with NetPlus, a Nigerian tech start-up, to develop an e-commerce solution that will help make cash outdated for e-retailers and consumers, “and surpass the $1bn mark in the country’s e-commerce space.” The Vice-President and Area Business Head, ...

  • Row over N701b GENCOs’ loans

    A crisis of confidence has hit the Nigerian Bulk Electricity Trading Plc (NBET) over a N701billion subsidy for Generation Companies (GENCOs). NBET Managing Director Dr. Marylin Amobi has redeployed some officers in the Finance and Internal Audit sections, who had reservations about the N701billion loan for the GENCOs, The Nation ...

  • Customs generates N239.4b in Q1

    The Nigerian Custom Service (NCS) generated N239.4 billlion in the first three months of this year, figures obtained from the Federal Ministry of Finance have revealed. The amount is contained in a document obtained by the News Agency of Nigeria, showing the activities of the ministry of finance in the ...

  • EU’s rejection of Nigerian produce: LCCI supports certification

    The Agriculture and Agro-Allied Group of the Lagos Chamber of Commerce and Industry (LCCI) has called for stricter issuance of phytosanitary certificates for export-bound agricultural produce. Chairman of the group, Mr Tunji Falade,  made the call in Lagos, against the backdrop of some agricultural products rejected by the European Union ...

  • Customs to auction seized goods July 1

    The Nigeria Customs Service (NCS) will sell seized goods from Saturday when its auction online portal is opened. Its Public Relations Officer (PRO), Mr Joseph Attah, said the goods would be sold to the highest bidders. Attah, a Deputy Comptroller of Customs, also said the NCS has  embarked on campaigns ...

  • NCDMB partners NUJ on capacity building for journalists

    Simon Utebor, Yenagoa The Nigerian Content Development and Monitoring Board has expressed its preparedness to partner with the Nigeria Union of Journalists, Bayelsa State Council, on building capacity for journalists in the state. The Executive Secretary, NCDMB, Mr. Simbi Wabote, made this known when he received a delegation of the ...

  • Sexual assault: Lagos upgrades 40 primary health care centres

    In a renewed effort to ensure that victims of all forms of sexual assault receive adequate medical assistance, the Lagos State Government has upgraded 40 Primary Healthcare Centres across the State to cater for all related cases. This is just as the Lagos State Domestic and Sexual Violence Response Team ...

  • Drug abuse among girls worrisome – NDLEA

    The National Drug Law Enforcement Agency in Yobe has described as ‘worrisome’ increase in the number of females abusing drugs in the state. Commander of the agency in the state, Mr. Apeh Reuben, told the News Agency of Nigeria in Damaturu on Monday that young girls between the ages of ...

  • CBN’s intervention in FX market temporal – Prof. Nwaekeaku

    Prof. Charles Nwaekeaku of Nassarawa State University, says the Central Bank of Nigeria’s interventions in the Foreign Exchange Market is a temporary relief. Nwaekeaku, a lecturer at the Pubic Administration Department, said that CBN might not be able to sustain the interventions. “CBN’s intervention in the foreign exchange business is ...

  • EU worries over 372 trade barriers against exporters

    The EU has expressed worry over 372 trade barriers against its exporters in 2016 largely by some of the G20 countries. The union in its annual report published on Monday stated that largest share of the barriers came from Russia, Brazil, China, India and Indonesia. The EU expressed concern that Russia introduced ...

  • Financial Market Watch …for the week ended June 23, 2017

    Local economy news Freshly released real sector data by the National Bureau of Statistics showed that Nigeria’s National Disposable Income at 2016 purchasers’ value increased year-on-year by 3.89 per cent (and quarter-on-quarter by 12.35 per cent) to N19.15tn in Q3 2016. The y-o-y increase in the NDI resulted from improvement ...

  • Shun hate speeches, TUC tells Nigerians

    Olaleye Aluko The Trade Union Congress of Nigeria has urged Nigerians to shun hate speeches and embrace peace in the spirit of the Eid-el-Fitri celebrations. The TUC President, Bobboi Kaigama, said in a statement on Sunday that constructive dialogues were needed to resolve the grievances in parts of the country, ...