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From 85 kobo to a dollar in 1985, the value of the naira has diminished to N590 to a dollar as at last Friday. A situation that has been brought about by many factors, chief of among which are the Nigerians’ high dependence on imported products and the almost insatiable ...

Nigerian Government in partnership with the World Health Organisation (WHO) has begun processes to develop a Standard Operating Procedure (SOP) for rodent control and ending outbreak of Lassa fever in the country. This was the thrust at the opening of a three-day Stakeholders’ Review and Validation Workshop for Standard Operating ...

The Federal Operations Unit (FOU) Zone ‘A’ of the Nigeria Customs service (NCS), over the weekend, swooped on a massive stockpile of recently imported used tyres at a warehouse on the busy Lagos-Ibadan Expressway. The foreign used tyres were massive in quantity and arranged in different batches that it would ...

The Nigeria Export Promotion Council (NEPC) has stated that the introduction of its Domestic Export Warehouse (DEW) would address the high level of rejection of non-oil export faced at the global market. The executive director and chief executive officer, Ezra Yakusah, explained that, the initiative, when it finally comes on ...

Nigerian Exchange Limited (NGX) has joined other African Exchanges in facilitating cross-border trading platform and free movement of investments in the continent. Other African Exchanges participating in the Phase one cross-border trading initiative are: Bourse Régionale des Valeurs Mobilières (BRVM, integrating eight West African countries), Casablanca Stock Exchange (CSE), The ...

African energy players are making concerted efforts to build synergy with foreign investors during the forthcoming Africa Energies Summit. Already, the African Energy Chamber (AEC) has formally endorsed the Summit, set to take place in London on May 17-19, 2022. Organised by Frontier Energy Network, the summit unites African energy ...

Another major revenue earner at the nation’s seaports is transit cargoes. Nigeria generates huge revenue from cargoes meant for countries that are landlocked. The countries are Chad, Niger, Central Africa Republic (CAR), among others. However, Nigeria has continued to lose its cargo revenue and investments to neighbouring countries due to ...

Two Nigerian technology start-ups, Paddy Cover and Pricepally.com will be competing with over 700 start-ups from 60 countries for the Dubai World Trade Centre’s $200,000 cash price competition at the Gulf Information Technology Exhibition (GITEX) 2022 Exhibition In Dubai. The insuretech firm, Paddy Cover, co-founded by Mayowa Owolabi and Tobi ...

Gombe State governor, Muhammadu Inuwa Yahaya, was upbeat yesterday when he appeared before the All Progressives Congress (APC) governorship screening committee headed by Sen Abubakar Sodangi, saying the exercise was smooth sailing. Governor Inuwa who is standing unopposed in the APC governorship primary election in Gombe State arrived, Fraser Suites, ...

Nigeria is at a tipping point regarding security, human capacity development and economic growth. However, the biggest challenge we face as a country is not about the challenges of today but a bleak future stirring Africa’s biggest economy and the most populous Black nation in the face. Looking beyond the ...