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FRSC not revenue generating agency –Oyeyemi

FRSC not revenue generating agency –Oyeyemi

During the week, the Corp Marshall of the Federal Road Safety Commission (FRSC), Boboye Oyeyemi, paid a courtesy call at the corporate headquarters of Independent Newspapers Limited in Lagos. Oyeyemi,…

Seeds at the heart of Nigeria’s agric revolution

Seeds at the heart of Nigeria’s agric revolution

By Onche Odeh Seed, to the farmer is what the local keg is to the palm wine tapper. Most people see fertiliser as the most essential commodity to the farmer.…

W’Bank, DFID, Dangote explore hybrid tomatoes production in Kano

The World Bank Group, United Kingdom’s Department for International Development (DFID) and Nigeria’s Dangote Farms have commenced a hybrid tomatoes production in project in Kano aimed at maximising the local…

Chickens have come home to roost

With Andy Nssien The Presidential Committee on Rationalisation of Federal Government parastatals, commissions and agencies chaired by the former Head of the Federal Civil Service, Stephen Oronsaye, made many far-reaching…

‘I started business with N5,000’

‘I started business with N5,000’

Mrs. Laide Ajao is the chief executive officer of Laredo Superstores Limited, a business concern that has been in existence for more than three decades, focusing on jewelry and ankara…

Boonbuy Network to be launched today

Boonbuy Network to be launched today

Boonbuy Network (BBN), an online and off line buying network, is to be launched today. According to a statement by the organisation, the network is for both small and medium…

Nigerite gets recognition on environmental friendliness

Nigerite gets recognition on environmental friendliness

Nigerite Limited, a roofing sheet and building materials manufacturing company, has again, won the Best Kept Industrial Premises Award for maintaining friendly environmental practices at its workplace. Nigerite was given…

FG inaugurates job board, targets 3m jobs a year

FG inaugurates  job board, targets 3m jobs a year

The Supervising Minister of Labour and Productivity, Alhaji Kabiru Tanimu Turaki, has said that the Federal Government has inaugurated a National Job Board, (NJB), aimed at generating employment to no…

Dangote’s price slash: Price of cement still high

Dangote’s price slash:  Price of cement still high

Price of cement, especially Dangote brand, has remained high in the market in spite of substantial slash announced by Dangote Cement Company recently. Dangote, the leading cement manufacturer in the…

NDLEA destroys N207m drugs

NDLEA destroys N207m drugs

By Abel Orukpe  / Correspondent, Lagos   The National Drug Law Enforcement Agency (NDLEA),said it  has intensified security measures for a hitch-free yuletide and violence free elections in the country, just…

Uncertainty looms large over port charges

Uncertainty looms large over port charges

Efforts by the Minister of Transport, Idris Umar to achieve a truce among warring parties over reduction of shipping and terminal handling charges in Nigerian ports are yet to yield…

Chevron to reduce gas flaring by 98 per cent in 2015

Chevron to reduce gas flaring by 98 per cent in 2015

By Anayo Korie  / Ag Energy Editor   Chevron Nigeria Limited CNL is not left in the campaign  to eliminate gas flaring in Nigeria as the management of the firm has…

SEC seeks review of CAMA, effective corporate governance

SEC seeks review of CAMA, effective corporate governance

By Bamidele Ogunwusi and Tunde Opeseitan  / Reporting from Abuja   The nation’s capital market regulator, the Securities and Exchange Commission (SEC) is currently pushing forward the idea of reviewing certain…

NERC may hike electricity tariff, as new gas price takes effect

NERC may hike electricity tariff, as new gas price takes effect

By Obas Esiedesa  / Senior Reporter, Abuja   The Nigerian Electricity Regulatory Commission (NERC) on Thursday disclosed that the gas price of $2.50/million British thermal unit (mmbtu) and transportation cost of…

NSE Market Cap drops 237.582b

NSE Market Cap drops 237.582b

By Bamidele Ogunwusi/ Correspondent, Lagos   Trading on the floor of The Nigerian Stock Exchange (NSE) closed in the negative trajectory for the third time in the week on Thursday  when…

CBN directs banks to adopt SWIFT sanction screening

CBN directs banks to adopt SWIFT sanction screening

By Sola Alabadan  / News Editor, Sunday   The Central Bank of Nigeria (CBN) has directed deposit money banks and merchant banks in the country to subscribe to SWIFT Sanction Screening…

Non-oil exports panacea for economic devt

Non-oil exports panacea for economic devt

By Phillip Oladunjoye / Snr Correspondent Lagos   Economic analysts and local manufacturers have expressed concern over lack of adequate commitment to the development of the non-oil sector of the economy.…

Aeronautical charges and Nigerian domestic airlines

By Abel Orukpe  / Correspondent, Lagos   The Federal Government, through the Aviation Minister, Osita Chidoka on November 4, 2014 constituted a  committee on aeronautical charges paid by domestic airline operators…

Aviation to contribute $53.1b to Dubai’s economy

Emirates Airline, Dubai Airports and the aviation sector as a whole contributed $26.7 billion to the Dubai economy in 2013, which was almost 27 per cent of Dubai’s Gross Domestic…

ISPS Code: Nigeria achieves 38 per cent execution in one year

Stories by Andrew Airahuobhor / Correspondent, Lagos   Nigeria’s compliance level in the implementation of the International Ship and Port Facility Security (ISPS) Code has reached 38 percent in 24 months,…

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