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NSE Index drops 0.11 per cent

NSE Index drops 0.11 per cent

By Bamidele Ogunwusi  / Correspondent, Lagos   Market fluctuation that has pervaded the equities market yesterday continued as the bears struggled to deplete market activities after a day’s gain in the…

BOA set to review loans to farmers

BOA set to review loans to farmers

The Bank of Agriculture (BOA) on Thursday said it would review its loan facilities to farmers to target peculiar planting seasons and their needs. The South-West Zonal Manager of the…

NNPC workers strike cuts gas supply to power plants

NNPC workers strike cuts gas supply to power plants

By Obas Esiedesa / Senior Reporter, Abuja   The Federal Government on Thursday disclosed that the strike embarked upon by workers of the Nigerian National Petroleum Corporation (NNPC) has cut off…

Forte Oil in talks to acquire oil production assets

Forte Oil in talks to acquire oil production assets

By Kingsley Ighomwenghian / Deputy Editor   The management of Forte Oil Plc, on Thursday told the Nigerian Stock Exchange (NSE) that it is holding initial talks for possible acquisition of…

NPA launches electronic ship entry notice

NPA launches electronic ship entry notice

By Andrew Airahuobhor  / Correspondent, Reporting from Germany   Management of the Nigerian Ports Authority (NPA) has formally launched an Electronic Ship Entry Notice, otherwise called e-SEN, which is a significant…

Lagos raked N384b revenue in 2013

Lagos raked N384b revenue in 2013

By Andy Nssien  / Business Editor   The Lagos state government realized N384,259,410,959.19 as internally generated  revenue for 2013, representing increases  of 75 per cent and 89 per cent of the…

NAGAFF threatens court action over arrest of containers

National Association of Government Approved Freight Forwarders (NAGAFF) has said that the incessant reports on the alleged illegal arrest of containers exited from Customs Ports and Border Stations by officials…

IATA calls for intra –Africa air connectivity

The International Air Transport Association (IATA) African Aviation Day called for the need for intra-African air connectivity to spread economic and social prosperity across the continent. IATA noted that the…

NTDC partners Israel to grow Nigeria’s tourism industry

By Bamidele Ogunwusi  / Correspondent, Lagos   Nigeria’s tourism industry is poised to receive a huge boost as the Nigerian Tourism Development Corporation (NTDC) and the government of Israel have agreed…

NACCIMA canvasses development of agric value chain

The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Alhaji Mohammed Badaru Abubakar, has called on stakeholders in the agriculture sector to develop…

Nigeria’s business environment requires focus – Nestle MD

Managing Director of Nestle Nigeria Plc, Dharnesh Gordhon, says the current business environment in Nigeria requires an intense focus to maintain competitive edge in the market. He said this at…

Poor packaging, environmental laws hamper Nigeria’s U.S. exports – Experts

Experts have said Nigeria is not making progress in products’ export to the United States under the African Growth and Opportunity Act (AGOA) due to poor packaging and inability to…

Examining oil palm industry for wealth, jobs creation

By Phillip Oladunjoye  /  Snr Correspondent Lagos   In the 1950s till mid-1960s, Nigeria was said to have remained the largest producer of crude oil palm in the world with…

Tourism, other sectors get N41.6b World Bank/DFID funds

This certainly a good news for stakeholders in the tourism and other non-oil sectors in Nigeria, as these sectors have been provided with $260 million or N41.600 billion  by the…

NTDC pledges support for YabaTech on Tourism Village

The Nigerian Tourism Development Corporation (NTDC) has thrown its weight behind the move by the management of Yaba College of Technology, Lagos to establish a Tourism Village in Epe, Lagos…

UAS to provide flight, ground support in Nigeria, Ghana, others

By Abel Orukpe  / Correspondent, Lagos   As part of its continuing expansion in Africa, leading international trip support provider United Aviation Services (UAS), has recruited a number of industry experts…

NAHCo good partner in FG agro-export business – Chidoka

Aviation Minister, Mr. Osita Chidoka, has said that the Nigerian Aviation Handling Company Plc(NAHCo Aviance),would be a great partner in the Federal Government’s agro – based export programme. This is…

Merger talks set NIMASA, NISA on collision course

By Andrew Airahuobhor  / Correspondent, Reporting from Germany   The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Ship-owners Association (NISA) are two organizations in the maritime industry that…

“ZeroCat 120” winner of Ship of The Year 2014 award

The all-electric car ferry, “ZeroCat 120”, owned by Norwegian ferry operator Norled, was on Wednesday given Skipsrevyen’s prestigious Ship of The Year 2014 award at a ceremony at SMM in…

Passengers’ demands will determine fate of SAA – Munetsi

South African Airways(SAA) is one of the leading airlines in Africa. The Regional General Manager, Africa and Middle East, Mr. Aaron Munetsi, in this interview with newsmen spoke about  plans…

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