ILO: Sluggish SME development hurts jobs, economy

ILO: Sluggish SME development hurts jobs, economy

Investing in workers and innovation, and boosting trade and social dialogue are key to stemming rising global unemployment, the latest edition of the ILO’s flagship report shows.   With more than 201 million workers unemployed in 2017 – an increase...
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NADDC Boss seeks involvement of more banks in auto financing

NADDC Boss seeks involvement of more banks in auto financing

By Moses Ebosele, ebosele@hotmail.com –    The National Automotive Design and Development Council (NADDC), is to strengthen some components of the National Automotive Industry Development Plan (NAIDP).   Under the arrangement, a fund is to be establ...
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Shareholders task SEC on Oando crisis

Shareholders task SEC on Oando crisis

Based on the directive given to the Securities and Exchange Commission (SEC) by the House Committee on Capital Market and Institutions to investigate allegations of financial impropriety and mismanagement of Oando Plc, shareholders of the company have cautione...
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NPA boss reiterates commitment to safety standards

NPA boss reiterates commitment to safety standards

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated the commitment of the organisation to Safety Standards for all aspects of operations at the nation’s Seaports.   She expressed this commitment in her remarks at the...
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FG releases N100b to Arab Contractors, CCECC, Dantata and Sawoe, others

FG releases N100b to Arab Contractors, CCECC, Dantata and Sawoe, others

The proceeds of the N100 billion Sukuk bond has been released by the Federal Government to fund 25 key economic road projects of the Federal Ministry of Power, Works and Housing.  Minister of Finance, Mrs. Kemi Adeosun, on Thursday in Abuja, handed...
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‘Deep Seaports to gulp $16b’

‘Deep Seaports to gulp $16b’

The construction of deep seaports in Warri, Delta State and Bonny in Rivers State, will gulp not less than $16b, the Minister of Transportation Rotimi Amaechi, has said.  Speaking on Thursday, the minister also disclosed that more coaches and locomotives...
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Cassava farmers in Ogun adopts improved weed management practices, records 27tons/ha

Cassava farmers in Ogun adopts improved weed management practices, records 27tons/ha

On-farm demonstrations in Ogun state, Nigeria under the International Institute of Tropical Agriculture (IITA) managed Cassava Weed Management Project (CWMP) have produced average yields of 27 tons per hectare surpassing the national average of about 8 tons/ha...
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Experts brainstorm on institutional framework for Edo industrial park

Experts brainstorm on institutional framework for Edo industrial park

The Governor of Edo State, Mr Godwin Obaseki, and officials of the Malaysian East Coast Economic Region Development Council (ECERDC) are currently reviewing the progress report on the proposed institutional framework that will support the planned Edo Industria...
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Cargo Scanner: SIFAX Group Boss seeks Govt’s swift attention

Cargo Scanner: SIFAX Group Boss seeks Govt’s swift attention

In view of the recurrent cases of illegal arm importation into the country through the seaport, Dr. Taiwo Afolabi, Group Executive Vice Chairman, SIFAX Group, has challenged the Federal Government to expedite action on the provision of scanners at various...
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Crash Figures: Expert faults FRSC, tasks financial institutions, religious leaders

Crash Figures: Expert faults FRSC, tasks financial institutions, religious leaders

By citybusinessnews@yahoo.com –    About 100 persons lose their lives as a result of road traffic crashes on Nigerian roads, which brings the total to over 36,000 deaths every year, prominent road safety advocate, Adenusi Patrick has said.   This...
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NLNG floors NIMASA in court as Dakuku vows to appeal

NLNG floors NIMASA in court as Dakuku vows to appeal

By citybusinessnews@yahoo.com –  The Federal High Court sitting in Lagos today delivered judgment in favour of Nigeria LNG Limited (NLNG) in a case between the Company and the Nigerian Maritime Administration and Safety Agency (NIMASA) over applicabilit...
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Heritage Bank canvasses more support for creative industry

Heritage Bank canvasses more support for creative industry

Heritage Bank Plc has reiterated its support for the creative industry as alternative to crude oil.   The MD/CEO of the bank, Ifie Sekibo stated this on Sunday at the Exhibition Gallery of National Museum Benin. The event was organised ...
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FG approves tax relief for TSTV

FG approves tax relief for TSTV

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the new PayTV platform, TSTV, will enjoy a pioneer status with a three-year tax relief. The Minister announced this in Abuja on Sunday night when he unveiled TSTV. “Dr. (Bright) Ech...
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BPE Photo News

BPE Photo News

The Director General of Bureau of Public Enterprises (BPE ), Mr. Alex A. Okoh, rings the closing bell for the day’s business at the Nigerian Stock Exchange  (NSE ), Lagos on Friday, September 29, 2017. With him are  Pai Gamde,...
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