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•Wants power sector investment probed The Nigeria Labour Congress (NLC) has asked President Muhammadu Buhari not to release the third and final tranche of the Paris Club refund to state governors until they make a concrete commitment to use the money to settle outstanding salaries, allowances and pension of workers ...

Thrilled by the inflow of over $7 billion into the economy in nearly five months via the Investors’ & Exporters’  Forex Window (I&E), the Central Bank of Nigeria (CBN) has instructed banks and other authorized dealers  to implement electronic Certificate of Capital Importation (eCCI) for foreign investors. The Certificate of ...

LOCAL manufacturers have embarked on projects that will reduce the cost of tomato import, Manufacturers Association of Nigeria (MAN) president,  Dr. Frank Udemba Jacobs, has said. In an interview with The Nation, he said Nigeria currently spends N6bilion on importation of tomato, adding that the country is currently not producing ...

By CHIKA IZUORA, Lagos Incessant fire outbreaks has cost the national economy about N6 trillion in the last five years, with major cities like Lagos, Kano, Port Harcourt , Abuja experiencing serious consequences of the scourge. The president of Fire Disaster Prevention and Safety Awareness Association of Nigeria, Badanga Ahmed ...

BY DOYIN OJOSIPE, Abuja  It’s been four days since Nigerian Resident Doctors embarked on a total indefinite strike. Leadership checks at the Abuja Teaching Hospital (ABUTH) Gwagwalada and the National Hospital Abuja confirmed that the Doctors have actually left their duty post. An official at the National hospital who took ...

Ryanair has announced plans for 12 new routes from Malta next summer and says it intends to base a fifth aircraft on the island. David O’Brien, chief commercial officer, told a press conference that the low-cost airline will operate 54 routes to 18 countries from Malta next summer. The new routes are ...

If you take a ship and gradually replace all its planks with new ones would it still be the same ship? And if you took all the old planks and built another ship, which one is the original? That is the paradox which kicks off Puerto Flamenco’s latest project Ship ...

Egyptian archaeologists have discovered a tomb of a prominent goldsmith who lived more than 3,000 years ago, unearthing statues, mummies and jewellery in the latest major find near the Nile city of Luxor.   Egypt's Minister of Antiquities Khaled Al-Anani said the tomb dated back to Egypt's 18th dynasty New Kingdom ...

One cannot envy the 20,000-plus members of the Nationalist Party who have been called to vote for their new leader next Saturday. The choice that confronts them is a stark and difficult one, with very different contenders both with strengths and obvious flaws: Adrian Delia, the magnetic outsider offering the appeal of ...

The recently published Consumer Conditions Scoreboard revealed that fewer consumers in the EU were encountering unfair commercial practices. In fact, only 33 per cent (nearly 10 per cent less than the previous scoreboard) of consumers interviewed said they have felt pressured by persistent sales calls or messages urging them to ...