Akeredolu plans first capital scheme, seal MoU with NDDC on 50km road construction
New Ondo State Governor, Rotimi Akeredolu, on Wednesday, signed a Memorandum of Understanding (MoU) with the Niger Delta Development Commission ((NDDC) for the construction of the 50km Akodo-Araromi Road. The road would link Akodo in Lagos State to Araromi in…
Serika sets standard, installs countdown clocks at Abuja airport for repairs delivery time
Minister of State for Aviation, Senator Hadi Sirika has installed dual countdown clocks at the Nnamdi Azikiwe International Airport (NAIA), Abuja, as part of moves to put Julius Berger on their toes in meeting the six weeks deadline. The runway…
US Consulate set to train 102 entrepreneurs on business growth management
As part of its contribution to the growth of Small and Medium Enterprises (SMEs), the United States of America Consulate General is set to train and mentor about 102 budding Nigerian entrepreneurs. The US Department is partnering with Field of…
Why e-Commerce penetration in Nigeria is facing stiff resistance—Yudala Report
Upon the unprecedented drives and campaigns tailored to deepen e-commerce, statistics tends to suggest that the shopping behavior of many Nigerians is still largely human contact. Besides, many Nigerian shoppers largely preferring to see, touch or experience the product in…
BPSR gives NCC Platinum rating in institutional work processes
Very strong business organizational structure, policies and practices that facilitate effective and efficient service delivery were some of the rare characteristics, the Bureau of Public Service Reforms (BPSR) considered before naming the Nigerian Communications Commission (NCC) tops in institutional work…
Galaxy Backbone may sanction MDAs for not hosting servers in its infrastructure
The Managing Director of Galaxy Backbone Limited, Mr. Yusuf Kazaure, has given a strong indication that the agency may be forced to wield the big stick against erring Ministries, Departments and Agencies (MDAs) who are defiant in hosting their data…
DBN unveils credit strategy, seeks financial input from European Investment Bank (EIB)
Managing Director of Development Bank of Nigeria (DBN), Tony Okpanachi, has opened up on the loan delivery strategy the bank will use to grow Small and medium Enterprises (SMEs) within the first two years. This is the new bank which…
Buhari unveils FG’s Economic Recovery and Growth Plan today, Wednesday
All is set for the official launching of the Federal Government’s survival strategy roadmap, the Economic Recovery and Growth Plan (ERGP) 2017-2020 by President Muhammadu Buhari today, Wednesday at the Council Chambers of the Presidential Villa, Abuja, at 11am. The…
Naira firms up, recovers after days of depreciation, anxiety
Nigerian Naira on Tuesday rebounded with strength forcing US dollars down, a move towards convergence of rates between interbank and parallel markets. Yesterday, naira traded between N380 (buying rate), and N390 (selling rate) stronger than N395 recorded on Monday, while…