By PATRICK ABANG Calabar – Cross River State Governor, Ben Ayade has tasked entrepreneurs and business students on the emerging trends and opportunities in line with his Industrialization policy in the state. Governor Ayade made the call during the Cross River State Entrepreneurship Conference which was held over the...
BUSINESS
By CALLISTUS OFFOR, Abuja – Ahead of the auspicious commissioning of the Digital Industrial Park (DIP) project in Kano State, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has, once again, paid an inspection visit to the site of the ongoing construction of...
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), in partnership with Sterling Bank Plc, has started a matching fund programme for agro-based Nano, Micro and Small Enterprises (NMSEs). This is contained in a statement issued on Sunday in Abuja by the Head of Corporate Affairs Division of...
Africa’s foremost industrialist, Aliko Dangote, is optimistic that the new multibillion Naira investment in the sugar sub-sector would help provide no fewer than 300,000 jobs in Nigeria. A statement from the Corporate Communication Department of the company, said that the Group’s President, Dangote said the company was providing fresh...
NIPCO Gas Ltd. has signed an agreement with the NNPC Gas Marketing Ltd. (NGML) and Lekki Free Zone Development Company (LFZDC) to build a gas pipeline. The gas pipeline, which is expected to be completed in the next six months, is planned to supply gas to the Lekki Free...
By TOM CHIAHEMEN, Abuja – All is now set for the 42nd annual technical conference of the Commonwealth Association of Tax Administrators (CATA), which opens in Nigeria’s capital, Abuja, on Monday. This year’s Technical Conference, scheduled to hold from November 28 to December 1, 2022 is being hosted by...
The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says the COVID-19 pandemic and the Russia/Ukraine war stalled planned take-off of full operation of Ajaokuta Steel Company. Adegbite said this when he featured on the News Agency of Nigeria (NAN) flagship programme in Abuja. The minister said it...
The Nigerian Communications Commission (NCC) has said the ongoing process to auction two additional lots in the 3.5GHz spectrum for Fifth Generation (5G) is part of efforts that will further democratise access to high-speed mobile broadband for all Nigerians. The Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of NCC, Prof....
Mr. Hassan had been living abroad for over two decades. When he made some money, he felt the need to have the property back home. Then, he talked about it with his brother. For one year, Mr. Hassan sent a lot of money to his brother based on the...
By OFFOR CALLISTUS, Abuja – More than 22 institutions in the country, comprising 18 universities, and six polytechnics, Micro, Small and Medium Enterprises (MSME), drawn evenly from the six geopolitical zones in the country, have benefited from a Federal Government’s broadband infrastructure projects designed to accelerate the Nigeria Digital...
Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) on Friday said the steady increase in headline inflation from 15.60 per cent in January to 20.77 per cent in September was consistent with global trends. Emefiele said this at the 57th Annual Bankers Dinner, organised by the Chartered institute...
By CALLISTUS OFFOR, Abuja – In recognition of his effort toward entrenching a culture of anti-corruption in the communications industry, the Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has received an ambassadorial badge from the Chairman of the Economic...
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission (NCC), has reiterated that as a regulatory body holding in trust the management and administration of scarce spectrum resources on behalf of Federal government, it will continue to make available, the much needed harmonized and standardized Spectrum resources to the...
The naira on Wednesday depreciated against the dollar at the Investors and Exporters window, exchanging at N446. The figure represents an appreciation of 0.11 per cent compared with N445.50 to dollar it exchanged on Tuesday. The open indicative rate closed at N444.17 to the dollar on Wednesday. An exchange...
The House of Representatives on Wednesday grilled Shell Petroleum Development Company of Nigeria, Total Energies and First E and P over alleged tax evasion. The companies appeared before the ad hoc Committee investigating the Structure and Accountability of the Joint Venture (JV) Business and Production Sharing Contracts (PSCs) of...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says with the introduction of the redesigned Naira notes, no individual or organisation will be allowed to withdraw huge cash without being interrogated from relevant anti-corruption agencies. Emefiele stated this when he fielded questions from State House correspondents on...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the apex bank will henceforth take cashless policy seriously, noting that people will fill countless forms and provide their data before they can withdraw large amounts. He stated these on Wednesday while fielding questions from State...
After minimal progress since its launch in January 2018, the Single African Air Transport Market (SAATM) appeared to reach a decision this week with 15 of the 35 signatory states launching a cluster to pilot the scheme in real life. The announcement is a major boost to the proposed...
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the apex bank will fall back on its strategic grains reserve to check food inflation. Speaking to newsmen in Abuja on Tuesday, Emefiele said the idea was to moderate food prices that could be occasioned by...
Chief Timipre Silva, Minister of Petroleum Resources, says one of the key mandates of the ministry is to grow oil reserves from the current 37 billion barrels to 40 billion barrels by 2025. Sylva said this on Tuesday at the official ground-breaking of the Oil Prospecting Licenses (OPLs) 809...