FG explains $300m diaspora bond

FG explains $300m diaspora bond

The Minister of Finance, Mrs Kemi Adeosun, on Tueadsy explained that the $300 million Diaspora bond  would be rolled out in March this year. Speaking on Tuesday when  the Senior Special Assistant on Foreign Affairs and Diaspora, Mrs Abike Dabiri-Erewa, ...
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FG awards contract for repair of Abuja-Kaduna road

FG awards contract for repair of Abuja-Kaduna road

Sequel to the planned usage of the Kaduna International Airport for flights in and out of Abuja, while the runway of the Nnamdi Azikwe International Airport, Abuja undergoes rehabilitation works, the Federal Government has awarded a contract for the emerge...
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FG reconstitutes FRC board, suspends Code

FG reconstitutes FRC board, suspends Code

President Muhammadu Buhari has approved the immediate removal and the replacement of the Executive Secretary and the reconstitution of the board of the Financial Reporting Council of Nigeria (FRC). He has appointed a Chairman and a new Executive Secretary f...
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Motorised weeders demonstrate imperatives of cassava mechanisation

Motorised weeders demonstrate imperatives of cassava mechanisation

Gasoline powered simple weeders adapted for weeding in cassava farms hold promise and may take off the burden of weeding faced by small-scale farmers in Africa. Initially acquired as tillers, these simple tools are being modified and adapted as weeders...
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Buhari removes four heads of Aviation parastatals

Buhari removes four heads of Aviation parastatals

President Muhammadu Buhari has removed four heads of parastatal agencies and college in the nation’s aviation industry. A statement released by the Permanent Secretary, Federal Ministry of Transportation, Alhaji Sabiu Zakari explained that those relieved of ...
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NIMASA redeploys Directors, others

NIMASA redeploys Directors, others

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has approved the redeployment of some senior management staff of the Agency. According to the DG, the new postings are expected to reposition the Agen...
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IMO cautions against extending EU-ETS to Shipping

IMO cautions against extending EU-ETS to Shipping

Including shipping in the European Union’s Emission Trading System (EU-ETS) could undermine efforts to reduce greenhouse gas (GHG) emissions from shipping on a global basis, International Maritime Organization (IMO) Secretary-General Kitack Lim said in a let...
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APM Terminals  embraces DPD Service

APM Terminals embraces DPD Service

APM Terminals Mumbai has accepted the Direct Port Delivery (DPD) service initiated by the Indian government as part of its “Ease of Doing Business Program” to enhance the country’s access to the global logistics chain. In the past, import containers...
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‘Beneficiaries of the conditional cash transfer were identified before May 29, 2015’

‘Beneficiaries of the conditional cash transfer were identified before May 29, 2015’

Details are emerging on how the Federal Government determined the beneficiaries of the Conditional Cash Transfer who are now receiving the  N5000 monthly stipends across the nine pilot States. According to the Senior Special Assistant on Media & Publicity...
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True state of Automotive Industry in Nigeria, By Luqman Mamudu

True state of Automotive Industry in Nigeria, By Luqman Mamudu

Nigeria has once leveraged on the multiplier effect of the automotive industry to successfully better the lot of its people and there is no better time than now to consolidate effort and make it sustainable. The four year Reconstruction and...
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The A, B, Cs of FG’s N220bn Agric anchor borrowers’ scheme

The A, B, Cs of FG’s N220bn Agric anchor borrowers’ scheme

By  John Mayaki –  For citizens of Edo State who aren’t in the know of the Federal Government’s N220 billion Micro, Small and Medium Enterprises Development Fund – agriculture anchor borrowers’ scheme, and how they can benefit, this wil...
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NUPENG shuts down Total Plc

NUPENG shuts down Total Plc

Citing termination of employment, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has ordered stoppage of loading activities at all Total Nigeria depots nationwide. In a statement on Thursday, the South-West Chairman of the union, Tokunbo Korod...
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Sahara Energy, 38 others get NNPC crude lifting contract

Sahara Energy, 38 others get NNPC crude lifting contract

The Nigerian National Petroleum Corporation (NNPC) on Thursday named Sahara Energy, Oando, MRS and 36 others as successful bidders of its 2007/2018 crude oil term contract, effective January 1, 2017. According to NNPC,   the 39 successful bidders comprised 1...
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Presco, Conoil, others join NSE 30 index

Presco, Conoil, others join NSE 30 index

Presco Plc, quoted in the agricultural sector of the Nigerian Stock Exchange (NSE) has been admitted into the NSE 30 index. The development, which is based on the NSE bi-annual review, became operational, January 3, 2017. Also included in the...
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