An indigenous company, Tamaidukka Group, is set to develop a $25 million agro based industrial park in Kaduna, which will use soya beans and cotton seed to produce vegetable oils for domestic, industrial uses and […]
Nigeria finally signed the African Continental Free Trade Agreement (AfCFTA), but what are the broader implications for the country’s economy; BENJAMIN UMUYEME asks in this report. When Nigeria and South Africa declined assent to the […]
Following the unfortunate airside incursion at the Murtala Muhammed International Airport, Lagos on July 19, 2019, the Federal Airports Authority of Nigeria (FAAN) has suspended indefinitely the Aviation Security unit heads who were on duty […]
Aviation security officials of the Federal Airports Authority of Nigeria (FAAN) has arrested an intruder who was sighted trying to climb into an Azman aircraft waiting for clearance from Air Traffic Controllers. The pilot of […]
Panic gripped passengers at the Lagos Airport early on Friday when an unknown man carrying a bag climbed the fuselage of an aircraft own and managed by Azman air. The aircraft which had passengers on […]
The Federal Government has offered for subscription by auction N145 billion worth of bonds in its July 24 auction, the Debt Management Office (DMO) said.The offer circular obtained from its website on Thursday in Abuja, […]
French carmaker Renault and Nigerian conglomerate Coscharis Group have formed a partnership to assemble and distribute Renault vehicles in Nigeria, the companies said on Thursday. The Coscharis Group plant will start assembling Renault Logan and […]
Fifteen Nigerian companies working with the African Development Bank (AfDB) and the World Bank have been blacklisted by both financial institutions. Meanwhile, nine individuals have also been indicted over several procurement malpractices. The pan-African bank […]
In a bid to boost artisanal mining in Nigeria, the federal government has entered into an agreement with a French company, SOFRECO, to develop a programme for the formalisation of artisanal miners into Cooperatives and […]
Investors’ 11-year wait for the Nigerian government to open up Africa’s biggest crude industry may be over. An overhaul of oil policy that’s been in the works for more than a decade is among a […]
The Kwara state government would create a viable inland trade and export processing zone along Kwara-Benin Republic border, governor AbdulRahman AbdulRazaq said Thursday.AbdulRazaq said this would be done in collaboration with the Federal Government to […]
President Muhammadu Buhari Thursday in Abuja called on security agencies in Africa, especially the intelligence community, to tighten the loop against illicit financial flows, attributing rising security challenges to sponsorship by those who profit from […]
Chief Field Officer of the United Nations Children Fund (UNICEF) Bauchi, Bhanu Pathak has said Nigeria loses an estimated N1.42 trillion to violence against children yearly. Pathak, who was represented by the child specialist, […]
Barring any last minute changes, the Managing Director of the Nigeria Bulk Electricity Trading Plc, (NBET), Dr Marilyn Amobi, will today (Thursday) appear before the Bureau of Public Procurement (BPP) to answer allegation of misappropriation of public […]
The Nigeria Employers Consultative Association (NECA) said Wednesday that Nigeria risks being a dumping ground following ratification of the African Continental Free Trade Agreement (AfCFTA) by President Muhammadu Buhari. Briefing State House correspondents after a […]
Trading on the floor of Nigerian Stock Exchange (NSE) Wednesday sustained its downward trend, shedding N77 billion. Specifically, market capitalisation of listed equities declined by 0.56 per cent to N13.666 trillion from N13.743 trillion reported […]
International Non-Government Organisation (NGO), OXFAM, has disclosed that Nigeria losses a whooping N580 billion yearly to tax incentives granted to corporations. OXFAM Nigeria Country Director, Mr Constant Tchona, who gave the advice at the public […]
The Sukuk Bond raised during the first term of President Muhammadu Buhari was used to finance 25 critical roads across the country, said former minister of Power, Works and Housing, Mr Babatunde Fashola. Fashola said, […]
Air Traffic Controllers (ATCs) have urged newly licensed members to brace up for the complex, stressful and demanding environment, if they must make positive impacts in service delivery. The President of Nigerian Air Traffic Controllers’ Association […]
The Nigerian Civil Aviation Authority (NCAA) has okayed the Lagos Aviation Academy (LAA) as an Approved Training Organisation (ATO). This feat enables the academy to run additional courses such as the cabin crew ab-initio programme […]
The Group Chief Executive officer (GCEO) of Ethiopian Airlines (ET), Tewolde Gebremariam, said lack of functional national carrier in Nigeria, and other African major air markets has been blamed for local airlines’ loss of international […]
With the Liberal group of the European Parliament announcing its backing of Ursula von der Leyen on Tuesday afternoon, the German conservative appears set to be confirmed as the next European Commission president. That means the other three […]
Pakistan has been ordered to pay nearly $6 billion in damages to Tethyan Copper by a World Bank arbitration court. Tethyan Copper is a joint venture between Chile’s Antofagasta and Canada’s Barrick Gold. The World Bank’s International Centre […]
Protesters blocked a portion of Peru’s main coastal highway on Monday in the start of a new challenge to a billion-dollar copper mining project that has been a lightning rod for conflict.Protesters from the area […]
The Ministry of Mines and Steel Development, has intensified efforts to attract exploration and mining investments into the mines and steel sub sector in line with the diversification plans of the federal government. The Mineral Sector […]
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