Business Hilights

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European Union (EU)

TEF to drive 3000 entrepreneurs in 2021, targets 50% female participation

In a bid to provide access to capital to entrepreneurs, the Tony Elumelu Foundation (TEF) has said its intervention is targeting about 3000 Small and Medium-sized Enterprises (SMEs) with a special focus on female entrepreneurs. This is even as the…

Just in: EU Parliament votes 621 to 49 in support of Brexit

…As Nigel Farage says We love Europe, hate the EU The last official vote resuming the real countdown to the final exit of Britain from the European Union (EU) was conducted today at the EU Parliament in Brussels, the headquarters…

EU’s N7.6bn for Nigeria’s power transmission expansion excites stakeholders

Stakeholders in the nation’s power industry have hailed the recent announcement by the European Union (EU), pledging to support the expansion of Nigeria’s power transmission infrastructure with a grant of €25m (N7.6bn at the official exchange rate of N305 to…

Leaked memo suggests not all British ministers support EU exit

Disquiet is the best description to give emerging scenario at the British government as a leaked memo has suggested that not all ministers may have been in total support of the country’s planned exit from the European Union (EU). Already,…

Brexit: EU businesses considering building fresh economic hub in Paris

If the words of the HSBC Plc’s chief executive, Stuart Gulliver, on Monday that creating a new hub in Paris could cost up to $300 million, is anything to go by, there are chances that key European Union (EU) leading…

Nigerians worried on whereabouts of EU’s €700m to develop sustainable energy

Whereas the European Union (EU) has revealed that it has so far committed over €700m for the development of sustainable energy in Nigeria and other ECOWAS countries from 2014 to 2020, energy experts have expressed anxiety on the true impacts…

Roaming free Zone
ICT

Europeans hail scraping of mobile phones roaming charges across the EU

Effective yesterday, Thursday, June 15, 2017, the European Union (EU) scrapped roaming charges. The policy followed a vote passed in the European Parliament in February indicating that EU citizens won’t be charged extra for calls, SMS messages or internet outside…

NAFDAC explains why EU rejected 24 Nigerian products in 2016

More details have emerged from the National Agency for Food and Drug Administration and Control (NAFDAC), giving fresh details on why the European Union (EU) rejected 24 exported food products from Nigeria in 2016. In an interview with NAFDAC spokesperson,…