Category Archives: Slider

FG Urged To Partner Chinese Investors On Power Supply

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As the 2018 Forum on China Africa Cooperation (FOCAC) Summit scheduled to hold in Beijing, China in October, and the Federal government expected to attend, a prominent Nigerian industrialists and chairman, Blue Diamond Logistics, Mr. Festus Mbisiogu, has urged President Muhammadu Buhari to use the opportunity the summit will provide to engage Chinese investors to […]

Abdulsalami Abubakar Urges Politicians to Play by Rules

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The former Military Head of State, Gen. Abdulsalami Abubakar,  has told politician to  shun bitterness and embrace politics of issues. Gen. Abdulsalam spoke on Tuesday shortly after the Eid- el-Kabir 2 rakat prayers at the Minna Central Mosque, urged the politicians allow the citizens to decide through the ballot box who to lead them in all three […]

FOREX: Naira appreciates to N359/$ in parallel market

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The Nigerian currency, naira appreciated to N359 per dollar in the parallel market. According to naijabdcs.com, the live exchange rate platform of the Association of Bureaux De Change Operators (ABCON), the parallel market exchange dropped to N359 per dollar from N359.6 last week Friday, translating to 60 kobo appreciation of the naira. The volume of […]

Lagos state government earmarks N6.3bn to empower SMEs annually

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The Lagos State Government at the weekend said it has earmarked N6.25bn to empower small scale business owners annually. Commissioner for Women Affairs and Poverty Alleviation, Dr Lola Akande disclosed this at a Conference on Prostitution/Human Trafficking organized by the ministry at the Badagry Town Hall, in Badagry Local Government Area of the state. She […]

NSE market capitalisation bounces back by 1.87%

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The Nigerian Stock Exchange (NSE) has closed trading activities for the week on a positive note with the market capitalisation rebounding by 236 billion naira or 1.87 per cent to close on Friday at N12,874 trillion, compared to Thursday’s closing of 12,638 trillion Naira. Similarly, the All-Share Index which had closed on Thursday at 34,618.43 […]

Oyo State Partner IITA On Agric Policy, Agribusiness Park

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Abiola-Ajimobi

  Udo ONYEKA The International Institute of Tropical Agriculture (IITA) and Oyo state government on Thursday signed a pact to revolutionalise agriculture in the state, and the establish of agribusiness park. The partnership aims at bringing about an agricultural policy which would outline the opportunities, strengths, weaknesses, threats, and more importantly what the state needs to […]

France President To Grace 4th TEF Entrepreneurship Forum 

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tony-elumelu

Tony Elumelu Foundation (TEF),one of Africa’s leading entrepreneurship-focused philanthropic organization, has announced October 25, 2018, as the date for its 4thannual TEF Entrepreneurship Forum. The event which is expected to attract the largest gathering of African entrepreneurs and the broader entrepreneurship ecosystem will unite over 5,000 entrepreneurs, global investors, leaders from the African public and private […]

Nigerian inflation dips in July but remains above single-digit target

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Annual inflation in Nigeria slowed to 11.14 percent in July, its lowest level in more than two years, the National Bureau of Statistics said on Wednesday, but it remained above the central bank’s single-digit target. Inflation has declined in Nigeria since February last year, but the rate of decline has slowed compared with earlier this […]

NIMASA Floating Dockyard To Curb Capital Flight, Boost Local Shipping Capacity -Perterside

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DGr-nimasa

By Udo ONYEKA  The multimillion dollar floating Dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA) which arrived the country recently will  curb capital flight once operational, even as the agency is making effort to create enabling environment for the growth of indigenous participation in shipping. The Director General of the Agency, Dr. Dakuku […]

NIMASA Donates Relief Materials To IDP Camps …As Peterside calls for more support 

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DGr-nimasa

By Udo ONYEKA Nigerian Maritime Administration and Safety Agency (NIMASA) said it has  donated relief materials to some Internal Displaced Persons (IDP) camps across some affected states in Nigeria, in line with its Corporate Social Responsibility (CSR) initiative. In a statement by the Agency and signed by Head, Corporate Communications, NIMASA, Isichei Osamgbi, said the Director […]