• Energy Transition: Sylva, Kyari To Woo Investors

    With massive investments needed to drive the energy transition in the country, Nigeria is making efforts to woo  investors from the US and  European countries into the nation’s oil and gas sector. Expected to be led by the minister of state for Petroleum Resources, Timipre Sylva and the group managing ...

  • Açores/Crise: Rio rejeita interferir e diz que atitude do Chega prova importância de “voto útil” no PSD

    Rui Rio afirmou não ter falado com o líder do Chega, André Ventura, mas apenas com o líder do PSD/Açores, José Manuel Bolieiro, que disse estar “apesar de tudo confiante” na resolução da crise.

  • 15m Nigerians Consume Illicit Drugs – Marwa

    Chairman and chief executive of the National Drug Law Enforcement Agency (NDLEA), retired Brig.-Gen Buba Marwa, has said that 15 million Nigerians indulge in the consumption of illicit drugs. Marwa disclosed this in an interactive session with local government chairmen in Plateau yesterday in Jos. He decried the surge in ...

  • Sani Dangote Helped FG To Package Agric Policies – Osinbajo

    Vice President Yemi Osinbajo has described the Sani Dangote, the late brother of business mogul Alhaji Aliko Dangote as a foresighted businessman who demonstrated his love for the agricultural development of Nigeria by assisting policy formulators to design and implement agricultural policies for the country during his life time. Osinbajo ...

  • Unpaid Arrears: FCT Primary, Sec School Teachers Begin 5-Day Warning Strike

    Teachers of primary schools and Government Secondary Schools in the Federal Capital Territory (FCT), under the aegis of the Nigeria Union of Teachers (NUT), will embark on a five-day warning strike from Thursday over non-payment of their promotion arrears. Addressing journalists at the end of an emergency State Wing Executive ...

  • Senate Passes Bill To Establish Real Estate Regulatory Council

    The Senate on Wednesday passed a Bill into law, to establish the Real Estate Regulatory Council of Nigeria. The Council when established would, amongst others, curb fraudulent practices to ensure that the real estate business confirms with the National Building Code in Nigeria. The Bill which scaled third reading during ...

  • COVID-19: CBN Disburses N3trn To Support Businesses

    Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the apex bank disbursed about N3 trillion to businesses across sectors of the economy – in two years – to help them recover from COVID-19 induced economic downturn on their households and businesses. Emefiele made disclosure in an interview ...

  • Ardova Completes Acquisition Of Enyo Retail

    Ardova Plc has announced the finalisation of its acquisition of Enyo Retail & Supply Limited. This was carried out at a signing ceremony held in Lagos and the deal is the actualisation of Ardova’s initial notice in January 2021 of an agreement in principle with Enyo’s shareholders to acquire the ...

  • Federal Govt Unveils Sectors To Achieve Development Plan

    Vice President Yemi Osinbajo (SAN) has listed seven critical sectors the federal government will use to achieve the targets set in the new National Development Plan. Osinbajo, who spoke on Monday during a virtual interaction at the World Economic Forum (WEF) Country Strategy Dialogue on Nigeria, said the economy is ...

  • Federal Govt Harmonises Humanitarian Agencies’ Efforts In Conflict Zones

    The federal government has put plans in place to harmonise activities of donor and humanitarian agencies at conflict ridden states in the country. Speaking at the National Humanitarian Development Peace (NHDP) Strategic Plan- Partner Engagement Forum in Lagos, the minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar ...

  • Our Mandate Is To Protect Consumers From Unfair Practices – Danbatta

    The Nigerian Communications Commission (NCC) said it is committed to protecting and empowering consumers – whether individuals and corporate consumers – from unfair practices. The executive vice chairman OF NCC, Professor Umar Danbatta stated this at the NCC DAY during 2021 Lagos International Trade Fair held at the Tafawa Balewa ...

  • Port Harcourt Law School Campus Duly Approved – Senate

    The Senate has acknowledged the approval by the Council of Legal Education for the establishment of the Nabo Graham Douglas Campus of the Nigerian Law School, the special assistant media to the governor, Kelvin Ebiri, has said. Ebiri said the chairman, Senate Committee on Judiciary, Human Rights and Legal Matters, ...

  • NSITF To Boost Employee Compensation Scheme Enrolment

    The Nigeria Social Insurance Trust Fund (NSITF) has called on all employers of labour in organised private sectors and Ministries, Department and Agencies (MDAs) to enrol into the Employee Compensation Scheme (ECS). The organisation disclosed this at the Fund’s special day at the just concluded 2021 Lagos International Trade Fair. ...

  • IB Empowers Apprentices To Boost Skills Acquisition

    International Breweries (IB) Plc has empowered apprentices in boosting skill acquisition. The business apprenticeship scheme, Igba Boi, powered by Hero lager, a brand of IB, has now been activated across the South East and Lagos.  The brand visited the Alaba International Market in Lagos with business mentors and their trainees ...

  • 1.3bn African Population Triggers Foreign, Local Investments- Ex-NAMA Boss

    Former managing director, Nigerian Airspace Management Agency (NAMA), Nnamdi Udoh, noted that Africa with 1.3 billion potential customers makes the continent’ much more attractive to investment both from within and outside the continent’. Udoh, who spoke ahead of the fourth edition of the National Tourism Transportation Summit at the International ...

  • Oil Firm Boss Arraigned Over Attempt To Defraud CBN $100m

    By Kunle Olasanmi, Abuja Group managing director (GMD) of an oil marketing firm, Triumph Oil and Gas Madgascar Nigeria Limited, Ibrahim Olanrewaju Mahmud, has been charged with attempting to defraud the Central Bank of Nigeria (CBN) to the tune of $100million. Mahmud, who was arraigned before a High Court of ...

  • LCCI Charges FG, States On Enabling Business Environment

    The Lagos Chamber of Commerce and Industry (LCCI) has called on federal, state and local governments to ensure they create an enabling business environment for businesses to thrive. Speaking at the closing ceremony of  2021 Lagos International Trade Fair, the president of LCCI, Mrs Toki Mabogunje, urged governments to continue ...

  • Nigeria: Nigeria, Bulgaria Seek Improved Business Relations

    [This Day] Abuja -- The federal government and Bulgaria have renewed their commitments to bolster existing trade and investment ties.

  • Dangote Championing Industrialisation In Africa

    Given its massive investments in Nigeria’s manufacturing sector, the Pan-African conglomerate, Dangote Industries Limited has been described as a pillar of Nigeria’s manufacturing sector. Dangote Group dominates the Nigerian cement market and is a key player in the rapidly expanding African cement business. The conglomerate has also expanded its manufacturing ...

  • Breaking Frontiers In Wheat Production

    There is no quantifying the multidimensional benefits of local production of wheat sufficient for the nation’s domestic market. From creation of jobs (direct and indirect) to conserving billions of dollars in foreign exchange and empowering the economy to also produce for export, intervention by the Central Bank of Nigeria (CBN) ...

  • How Digital Economy Can Boost Nigeria’s GDP – NITDA DG

    Director-general of the National Information Technology Development Agency (NITDA) Mallam Kashifu Inuwa has said that shared vision and collaboration amongst the Ministry of Communications and Digital Economy, its parastatals and stakeholders produced 17.09 percent contribution of the digital economy sector to Nigeria’s GDP in second quarter of 2021. In a ...