More confusion surrounds closure of Abuja airport as cost climbs toN1.1bn
Serial challenges are beginning to show up as time ticks over the trending decision to either close fully or partially; the Nnamdi Azikiwe International Airport (NAIA), Abuja for repairs of the main runway. Whereas the Minister of State for Aviation,…
Chinese Xi Jinping faults his policy on trade protectionism in Davos
Barely less than three day after the federal Government denied the fact that China did not give severing relations with Taiwan as a condition for the new N40bn loan deal, Chinese President Xi Jinping Tuesday presented himself as a champion…
LADOL joins world firms to support $12tn global facility
In keeping with its world class posture, the Lagos Deep Offshore Logistics base (LADOL), has joined notable world business promoters in quest of developing a sustainable business outlook that is expected to unlock over US$12 trillion in new market value…
Customs Zone C rakes in N4.7b from seizures in 2016
More Customs formations have continued to release their total earnings report for the year ended December 31st, 2016. The latest result is coming from the Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘C’ Owerri which said it recorded…
Recession forcing drop in internet affordability upon steady price
Indications have emerged that the number of Nigerian subscribers who used to buy credit for internet bundle and access in their hand held phones is continuing on a steady drop since October 2016. Further findings also indicate that purchase of…
NIMC’s database enrolment speed can’t lead Nigeria to anywhere—Banjo
Leading database and systems coding expert, Dr. Ganiyu Banjo has described the performance and speed of the National Identity Management Commission (NIMC) in delivering a standard biometric and multipurpose database on every Nigerian as unacceptable and very disappointing in this…
Airtel resumes ‘Touching Lives Season 3’ early February @ Eko Hotels
Airtel Nigeria, will hold an exclusive VVIP event first week of next month to premiere the third edition of its CSR initiative, Airtel Touching Lives. The premiere, which will hold at the Eko Hotel & Suites, will be attended by…
Big data analysis to aid Alibaba, Huawei, others fight fakery on e-commerce space
Leading Chinese e-Commerce group, Alibaba has stepped up the first “alliance to fight counterfeits with big data” Tuesday in Hangzhou, capital of eastern China’s Zhejiang Province. The new deal is coming on a partnership deepened by 20 brands to fight…
Price of cooking gas to drop as vessel discharges, NNPC, Sahara unveil new vessels
Two straight factors that will cause the immediate reduction in the skyrocketing price of Liquefied Petroleum Gas (LPG), otherwise called cooking gas have emerged. Firstly, the multimillion tonnage vessel which had been hanging on high sea waiting for space to…
Oil prices may begins drop as US shale nears market— IEA
Oil prices are set to fall later this year despite the recent OPEC agreement to limit production, Fatih Birol, the executive director at the International Energy Agency, has told CNBC. The oil cartel’s production cut last year gave a boost…