Growth opportunities abound in Nigeria’s power sector—-ANED
Considering the observed improvement in electricity supply in some parts of the country over the last few months, the Association of Nigerian Electricity Distributors (ANED) has said there is hope for increased growth of the nation’s power sector. This is…
Expert chides FG over committing only N51.4m to industrial clusters, SEZs dev.
Development expert, Dr. Ken Igboanugo has berated the federal government for committing as small as N51.4 million in the development of six Special Economic Zones (SEZs) and Industrial Clusters in the country, saying “The amount is too small to make…
Over 200,000 N-POWER beneficiaries screened using BVN—-VP
Indication emerged Sunday that the planned employment of 200,000 by the federal government were successful as the presidency has confirmed that things are going according to plans. A pointer to this was given by the Senior Special Assistant on Media…
Investment volume gave Coscharis top 50 brands’ award
Major auto marketing group, Coscharis Group has received one of the top 50 Brands’ awards for 2016 at an event held in Lagos. In a statement issued by the group weekend explained that Coscharis emerged the number one in the…
EU may lift ban on Nigerian agro products as FG sets up ‘Zero reject’ scheme
Indication emerged weekend that the European Union (EU) which placed a ban on select agro products from Nigeria on grounds of poisonous contents earlier in the year may lift the ban if the recently launched ‘Zero Rejects’ of agro commodities…
S/East importers decry official abandonment of Onitsha River Port 4 years after
An issue of urgent regional importance was thrown up at the recent official visit and tour of Innoson Motors manufacturing plant in Anambra State by the Vice President, Prof Yemi Osinbajo. Leading importers and exporters in South East stood in…
Economic policies on sound market principles will ease recession—Stanbic boss
The Chief Executive Officer of Stanbic IBTC Holdings Plc, Ms. Sola David-Borha has given fresh antidote for the way out of the nation’s economic woes, saying the key to creating a path to sustainable growth is to have a clear…
Ajaokuta, Itakpe concession plans modified for Nigeria’s interest—Fayemi
The federal government has disclosed that it has not only modified the planned concessions of both Ajaokuta Steel Company and Itakpe Steel Rolling Mills but the modification will generate huge resources for Nigeria, if properly managed. The new plans, according…
Market bleeding may stretch to this week as investors lose N80bn last week
For the fact that the market All-Share Index (NSE ASI) and the Market Capitalization which opened penultimate Monday at 25,537.54 and N8.791 trillion depreciated by 0.80 per cent to close the week at 25,333.39 and N8.721 trillion respectively lead investors…
