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City decay: Experts seek enforcement of development law

City decay: Experts seek enforcement of development law

By Bamidele Ogunwusi Correspondent, Lagos   Planning experts have identified development control as a potent tool for city management and this ensures that the continual growth and management of a…

$3.8b Egina contract: Total, others accused of frustrating suit

$3.8b Egina contract: Total, others accused of frustrating suit

By Tunde Opeseitan - Snr Correspondent, Lagos   The plaintiff in the suit before a Federal High Court in Lagos, challenging the $3.8bn Egina contract awarded to Samsung Heavy Industries Nigeria…

OPEC expects increased oil prices

OPEC expects increased oil prices

• says US boom ends this year By Phillip Oladunjoye –  Senior Correspondent  (With Agency Reports)   OPEC has said that the demand for its oil will rise in the…

ETI grows 2014 full year net profit by 178.7%

ETI grows 2014 full year net profit by 178.7%

The management of Ecobank Transnational Incorporated (ETI), on Monday presented its 2014 financials showing robust growth in profit before and after tax on the back of a marginal increase in…

End of gas flaring in sight?

End of gas flaring in sight?

By Phillip Oladunjoye  -  Senior Correspondent, Lagos (With Agency reports)   There appears to be an end in sight to gas flaring in the oil and gas industry. Gas flaring…

NCC empowers tertiary institutions with 1000 tablets

NCC empowers tertiary institutions with 1000 tablets

The Nigerian Communications Commission (NCC) has said it will empower a number of Universities and Polytechnics with 1000 tablets each as learning tools so that when the students graduate, they…

Umuchinemere MFB disburses N1.13b in 2014

Umuchinemere MFB disburses N1.13b in 2014

The Umuchinemere Pro-credit Micro Finance Bank (UPMFB) has said that it disbursed a total of N1.131 billion loan facility to a 5, 395 clients in the 2014 financial year ended.…

SNEPCo extends health insurance to Anambra community

SNEPCo extends health insurance to Anambra community

Shell Nigeria Exploration and Production Company (SNEPCo) has extended its Community Health Insurance Scheme (CHIS) to Anambra State with the recent launch of the initiative at the Iyi-Enu Mission Hospital.…

Electricity employees oppose Nigeria, Russia nuclear plants deal

Electricity employees oppose Nigeria, Russia nuclear plants deal

By Sylvester Enoghase Senior Correspondent National Union of Electricity Employees (NUEE) has urged the President elect, Mohammadu Buhari to resist the on-going discussions between Nigeria Atomic Energy Commission (NAEC) and Russia’s…

Air traffic controllers’ call off strike after presidency approved allowance

Air traffic controllers’ call off strike after presidency approved allowance

By Abel Orukpe Correspondent, Lagos Air Traffic Controllers (ATC) under the aegis of the National Air Traffic Controllers Association (NATCA) in the Nigerian Airspace Management Agency (NAMA) on Sunday, called…

Farmers task Buhari on national agric blueprint

Farmers task Buhari on national agric blueprint

By Chibuzor Emejor Correspondent, Abuja The National President of All Farmers Association of Nigeria [AFAN], Prince Ike Ubaka, has tasked the in-coming administration led by Muhammadu Buhari, to develop a national…

BVN will help unveil fraudsters – NIBSS boss

BVN will help unveil fraudsters – NIBSS boss

By Bamidele Ogunwusi Correspondent, Lagos By helping banks to identify and blacklist fraudulent customers, the Bank Verification Number (BVN) initiative will help to boost retail credit in the banking industry, the…

Nigerian launches first team-oriented social network in UK

Nigerian launches first team-oriented social network in UK

A new concept in social networking was unveiled on Friday in the United Kingdom as Nigerian entrepreneur, Yinka Olugbodi, presented Teamspirit, the first global team-oriented social network service. Teamspirit took…

Tackling Nigeria’s broadband infrastructure glitches

Tackling Nigeria’s broadband infrastructure glitches

By Emmanuel Okwuke Failure of smart card readers, a wakeup call Having high capacity and ubiquitous broadband connections across the country could easily have averted the very embarrassing situation that…

Recurrent expenditure blues

Recurrent expenditure blues

with Andy Nssien Ngozi Okonjo Iweala, it was, who said three years ago, that the Federal Government planned to cut recurrent expenditure by 65 per cent in 2015 to boost economic…

Wanted: New focus for agricultural research in Nigeria

Wanted: New focus for agricultural research in Nigeria

By Onche Odeh When the Agricultural Research Council of Nigeria (ARCN) was established in 2006, it was given the statutory mandate of coordinating, supervising and regulating agricultural research, training and…

Make-up business, big eyeopener for me –Adekanmbi

Make-up business, big eyeopener for me –Adekanmbi

Adekanmbi Olubanke Modupe is the chief executive officer of D’Strandz makeover, a business concern that focuses on enhancing the beauty of ladies. In an interview with our correspondent, Olamide Bakare,…

Unilever named second best company to work for in Nigeria

Unilever named second best company to work for in Nigeria

Unilever Nigeria has been recognized as the second best company to work for in Nigeria. This recognition came at the 2015 ‘Great Place to Work’ Awards ceremony which held at…

SPAN set to celebrate decade of creativity

SPAN set to celebrate decade of creativity

To mark a decade of success in youth development and creativity, the Society for the Performing Arts in Nigeria (SPAN) is set to celebrate a decade of milestone of spectacular performances. The…

Heritage Bank CEO seeks implementation of SME blueprint

Heritage Bank CEO seeks implementation of SME blueprint

The Managing Director of Heritage Bank, Mr. Ifie Sekibo has called on the government to ensure seamless implementation of the blueprint developed by the vision 2020 National Technical Working Group…

Housing deficit; NMRC to the rescue

Housing deficit; NMRC to the rescue

The recent declaration by the African Development Bank (AfDB)  that Nigeria is West Africa’s largest market with great potential to be a main driver of regional integration considering its population,…

How far can NMRC go at resolving Nigeria’s housing deficit

How far can NMRC go at resolving Nigeria’s housing deficit

With the full operation of NMRC, a substantial building block will be put in place for mortgage finance institutions to meet Nigeria’s current housing deficit, in concert with the responsible…

Guinness Nigeria’s MD Promoted President, Diageo Africa

Guinness Nigeria’s MD Promoted President, Diageo Africa

Guinness Nigeria Plc, a subsidiary of Diageo Plc, has announced a change in the leadership of the company. Mr. John O’Keeffe, current Managing Director/CEO has been promoted President, Diageo Africa,…

Global remittance hits $586b in 2015 – World Bank

Global remittance hits $586b in 2015 – World Bank

By Bamidele Ogunwusi - Correspondent, Lagos   Global remittances will reach $586 billion in 2015 according to projections by the World Bank.  However, remittances are expected to reach an estimated $636…

Revisiting Nigeria Airways Issue: A mere political statement?

Revisiting Nigeria Airways Issue: A mere political statement?

By Abel Orukpe - Correspondent, Lagos    On May 29, 2015, Muhammadu Buhari  will be sworn in as the new president of Nigeria. during electioneering campaign, it was said that the…

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