How exposed secrets of smart property developers can spur further investments in sector
By Abiodun Doherty Property development has attracted the attention of many investors in recent years. The reason is not farfetched. Many investors have heard of property developers who have made or are making fantastic profits from building and selling residential…
Confusion as records show Russian elite invested nearly $100 million in Trumps buildings
Additional findings are beginning to establish a strong link between Trump’s government in the United States and Kremlin, a traditional rival entity to the US. Tuesday, a Reuters report revealed that members of the Russian elite have invested in Trump…
Glo’s Professor Johnbull hits PEPs, reechoes their antics in current episode
New episode of Globacom’s leading soup titled; “Campaign Promises” currently running on TV Drama Series, Professor Johnbull, has put politicians on the spot for their exaggerations and outright falsehoods on their campaign trails. It also highlights how ethnicity plays a…
Fears as Russia creates ‘unstoppable’ hypersonic Zircon missile @ 4,600mph speed
Latest weaponry scientific invention of the Russian government is set to take the developer powers to the cleaners if rival technology is not invented as soon as possible. Tuesday, Russia claims to have created a devastating hypersonic missile that travels…
Comparative advantage driven development policy for Niger Delta states coming—FG
Rather than clouding and generalizing development projects in oil states, the federal government is set to come up with a new approach for sustainable peace in the troubled Niger Delta region. Just as the move is to deepen production harmony…
PEF frowns at document falsification, unethical practices by petroleum marketers
Board of the Petroleum Equalisation Fund (PEF) Board has concluded plans to sanction any oil marketer who engages in falsification of documents for the movement of petroleum products in the country. The board also hinted readiness to punish marketers’ who…
Debts of N26.4bn owed by NBET, others killing Olorunsogo power station’s 335MW capacity
A clear reason has emerged on why Olorunsogo Power Plant in Ogun State has remained technically moribund since inception. Managing Director/Chief Executive Officer of Pacific Energy Company Ltd, operator of the plant, Monsuru Afinni, in an interview revealed that a…
How reforms aided NNPC to recover $202m from crude swap under-deliveries
The positive effects of ongoing reforms at the Nigerian National Petroleum Corporation (NNPC) have created a window for the recovery of $202 million outstanding obligations from AITEO Company. General Manager, Group Public Affairs Division of the NNPC, Ndu Nghamadu, confirmed…
FG’s latest bans on Tomato paste import’ll boost local production, saturate market soon
A top official of the Dangote Tomato Factory in Kano has hailed the federal government for the latest ban on the importation of Tomato paste, saying the new policy will encourage more investors in the sector. The official who pleaded…
Previous FG’s youths empowerment schemes programmed to be fraud driven—Survey
A recently published report of the Business Hilights Economic Intelligence Team (BHEIT) has revealed that efforts to identify any of the youth’s empowerment and poverty alleviation schemes of the former administration were designed to use the jobless youths as a…
