(Reuters) General Electric (GE) (GE.N) confirmed its a “keen interest” in acquiring a Nigeria railway concession project worth around $2 billion, the U.S. company said on Monday. Nigerian President Muhammadu Buhari said this month that GE would be investing $2.2…
Dangote Group decries ‘malicious use of brand name’
Dangote Group has raised the alarm over the activities of online fraudsters, who according to the Group are maliciously misrepresenting and misusing its brand image and that of its senior executives to defraud unsuspecting members of the public. The fraudsters…
FG to launch Digital Broadcasting in December
The Minister of Information and Culture, Alhaji Lai Mohammed, has assured of the Federal Government’s readiness to launch the DigitalSwitch Over (DSO) in broadcasting in the Federal Capital Territory (FCT), Abuja, by the end of 2016. The Minister gave the assurance in…
Ease of doing business and corruption at borders, ports
By Lanre Badmus – After months of mere sound bites and public statements, a Presidential Enabling Business Environment Council has been approved by President Muhammadu Buhari, to drive government’s promise to significantly reduce the cost of doing business in the…
‘Made-In- Nigeria products key to sustained economic growth’
To sustain economic growth, there is the urgent need for Nigeria to focus on Made-in-Nigeria goods and services. Declaring open the 22nd Nigerian Economic Summit in Abuja on Monday, President Muhammadu Buhari explained that diversification of the Nigerian economy…
NPA to introduce tenancy for agencies at Seaports
As part of measures to generate additional revenue, the Nigerian Ports Authority (NPA) is considering renting out all spaces hitherto occupied by Government and Private agencies at the nation’s seaports. NPA’s Executive Director incharge of Marine and Operations, Dr….
Stallion Nissan Donates car to Lagos State Security Trust Fund
Nissan in collaboration with Stallion Group has donated a brand new Nissan Almera car to the Lagos State Security Trust Fund. According to the company, the donation is in praise of the organisation’s efforts in mitigating violent crimes in…
FG hands over 2 presidential helicopters to Air Force
(NAN) President Muhammadu Buhari on Monday ordered the release of two Augusta AW 101, VVIP helicopters from the Presidential Air Fleet (PAF) to the Nigerian Air Force (NAF) The National Security Adviser, Babagana Monguno, who presented the helicopters to the…
NSE Organises First Market Data Workshop
The Nigerian Stock Exchange (NSE) in collaboration with Independent Software Vendors (ISVs) and Market Data Vendors (MDVs) is set to host its inaugural Market Data Workshop, onTuesday, October 18, 2016 at The Civic Center, Victoria Island, Lagos. The workshop…
LCCI Photo News
From left – Deputy President, Lagos Chamber of Commerce and Industry (LCCI), Chief Babatunde Paul Ruwase, FCA; Mrs Omowunmi Gbadamosi, Country Director in Nigeria, Center for International Private Enterprise (CIPE); Managing Director, CIPE, Mr Andrew Wilson and Chief Dr. Michael Olawale – Cole,…
NCC records 94m internet users in August
The Nigerian Communications Commission (NCC) as at August 2016 has in its networks 93,591,174 internet users. According to NCC, the data revealed that internet usage on the Global System for Mobile communications (GSM) and the Code Division Multiple Access…
‘Arrest of Judges was attack on corruption, not Judiciary’
The Federal Government has described the arrest of some Judges by the Department of State Securities (DSS) as an attack on corruption not Judiciary. In a statement at the weekend, the Senior Special Assistant to the President on Media and…
Minister lauds NAFEST 2016 contributions to national unity
The Minister of Information and Culture, Alhaji Lai Mohammed, has described the 2016 edition of the annual N ational Festival of Arts and Culture (NAFEST 2016) as a success, saying it has helped to strengthen national unity. ”Undoubtedly the biggest…
Pope Francis names 17 new cardinals
Pope Francis on Sunday named 17 new cardinals, including three Americans, adding prelates from developing countries to give them a greater voice in selecting the next pope. Francis’ American appointments elevate moderates in the church hierarchy, bypassing doctrinal conservatives from…