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As oil revenue steadily drops, ICT experts say technology can become Nigeria’s economic mainstay, writes OZIOMA UBABUKOH Even though the global oil prices are gradually rising again, there are indications that steadiness of the prices at the high end is no longer feasible and its implications for emerging economies relying ...

Ifeanyi Onuba, Abuja The Bank of Industry and Kebbi State Government have agreed to set up a N2bn loan scheme to support entrepreneurship development in the state. The Acting Managing Director, BoI, Mr. Waheed Olagunju, stated this during a meeting with the Governor of Kebbi State, Abubakar Bagudu. He said ...

Ifeanyi Onuba, Abuja The Federal Government, in a bid to fish out more ghost workers, has called on the Central Bank of Nigeria to extend the requirement for the Bank Verification Number to account holders in microfinance banks. The Minister of Finance, Mrs. Kemi Adeosun, stated this in a letter ...

The Ogun Governor, Senator Ibikunle Amosun, on Monday, signed the bill to upgrade the state-owned Moshood Abiola Polytechnic, Abeokuta, to the Moshood Abiola University of Science and Technology, Abeokuta. Also signed into law is the bill to establish the Ogun State Polytechnic, Ipokia, in the Yewa area of the state. ...

Tony Okafor, Awka The Primate of Church of Nigeria, Anglican Communion, Archbishop Nicholas Okoh, has asked President Muhammadu Buhari to find ways to stop the killing of Nigerians across the country.  Okoh said it was the duty of the Federal Government to protect the lives and property of Nigerians in ...

The Central Bank of Nigeria (CBN) has deployed mystery shoppers to commercial banks to guard against foreign exchange abuse by the lenders. The CBN, Fidelity Bank Plc Managing Director Nnamdi Okonkwo said yesterday, is particular about ensuring that banks disburse funds meant for Business Travel Allowances (BTAs) and Personal Travel ...

• NNPC seeks passage of PIB Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD) Dr. Maikanti Baru yesterday  said the Bonny NLNG is one of the biggest success stories of the  oil and gas industry since it came on stream in 1995. He said the project has generated $90 ...

The President of Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN), Mr. Thomas Etuh, has said the Presidential Fertiliser Initiative will save the Federal Government about $200 million in foreign exchange (forex). He spoke yesterday while monitoring the fertiliser project in Kaduna State. He said it was a Public Private ...

Total Nigeria Plc recently held a series of events tagged “Triple-A Challenge” as part of effortsto motivate staff, reward its dealers and increase sales of its products. The Triple-A Challenge events were held in 3 cities covering all its sales territories; Lagos for the Western sales territory, Port Harcourt for ...

With a double-digit million dollar order volume, Germany-based MAN Diesel & Turbo will deliver two compressor trains to Dangote Oil Refining Company. Dangote Corporation is currently building Africa’s largest refinery in the Lekki Free Trade Zone of Lagos State, investing a total of around $12 billion. “This one we are ...