-
Nigeria
9mobile to boost SMEs
Anna Okon A telecommunications company, 9mobile, is set to empower the Small and Medium-scale Enterprises in and around Lagos at its quarterly business networking and empowerment platform, Market Access. Market Access organised in partnership with the Enterprise Development Centre of the Pan Atlantic University is a platform for the SME ...
-
Nigeria
Senate sets conditions for FG on 2018 budget
Leke Baiyewu, Abuja The Senate on Thursday considered and adopted the report of its Joint Committee on Appropriation and Finance over its meeting on Tuesday with the Minister of Finance, Mrs. Kemi Adeosun; and Minister of Budget and National Planning, Senator Udo Udoma, on the implementation of the 2017 Appropriation ...
-
Nigeria
CBN to blacklist exporters for non-repatriation of proceeds
Oyetunji Abioye The Central Bank of Nigeria on Thursday expressed concerns over the non-remittance of export proceeds by exporting firms. As a result, the apex bank said it was set to blacklist a number of exporters who had failed to repatriate the proceeds of their exports. The Director, Banking Supervision, ...
-
Nigeria
Nigeria’s electricity law near perfect – Fashola
Okechukwu Nnodim, Abuja The Electric Power Sector Reform Act that was passed in 2005, which serves as Nigeria’s electricity reform law, is one of the best in the world and is almost perfect, the Minister of Power, Works, and Housing, Babatunde Fashola, has said. He stated this at the 2017 ...
-
Nigeria
TEF to host 1,300 African entrepreneurs in Lagos
The Tony Elumelu Foundation (TEF) will be hosting over 1,300 African entrepreneurs in Lagos at this year’s edition of its entrepreneurship programme. The scheme is targeted at empowering the next generation of African business leaders. The event, which is third in a series, remains the most diverse annual gathering of ...
-
Nigeria
Rice, o compatriots!
Rice, o compatriots — coming down to N6, 000 a 50kg bag — rice, o compatriots! Did you hear that dramatic whoop! But how feasible is it? Audu Ogbeh, Agriculture and Rural Development minister, certainly feels it is, in a few months, if the Federal Government provides farmers with the ...
-
Nigeria
Govt to close NERFUND over N17.5b loans
The Federal Government plans to shut down the National Economic Reconstruction Fund (NERFUND) over non-performing loans of over N17.5 billion. Pursuant to this, a committee has been formed to ensure the smooth liquidation of the company by the end of this month. The agency said a source in the ministry ...
-
Nigeria
Agro exporters lose $25m to Apapa traffic
• seek refund of excess charges from APMT Traffic congestion along Apapa Ports link roads is costing agro exporters approximately $25 million in losses in productivity, following delay in shipment. Last year, cashew export provided revenue of $253 million to the economy. The figure is expected to dip with exporters ...
-
Brasile
Bandidos sequestram van escolar em São Gonçalo, no Rio de Janeiro
Uma van escolar foi sequestrada por um grupo de dez bandidos por volta das 8h desta quinta-feira (5/10), no bairro do Jóquei, em São Gonçalo, Região Metropolitana do Rio. Duas crianças estavam na van no momento, mas nada lhes aconteceu. O veículo foi recuperado, mas o bando conseguiu fugir.Segundo informações ...
-
Brasile
Prefeitura de Janaúba decreta luto e pede doações para vítimas de vigia
A prefeitura de Janaúba, no Norte de Minas Gerais, decretou luto oficial de três dias após a tragédia na creche Cemei Gente Inocente, na manhã desta quinta-feira. De acordo com a Polícia Militar (PM), um vigia colocou fogo e matou crianças na instituição. Pelo menos quatro pessoas morreram. A ocorrência ...