Customs FOU Owerri impounds, destroys 4118 cartons of smuggled frozen poultry
The Federal Operations Unit, Zone C Owerri of the Nigeria Customs Service has seized and destroyed 4118 cartons of frozen poultry with duty paid value of N83,389,500 on Monday at the Abia Command in Owerri. Comptroller Amajam Bukar, the Controller…
Chevron explains targets of sponsoring training of editors on latest skills at PAU
Leading international oil multinational, Chevron Nigeria Limited (CNL) on Monday flagged off the sponsored training of select Nigerian editors at the School of Media and Communications, Pan Atlantic University (PAU), Lekki, Lagos. The strategic course known as Advanced Writing and…
Nigeria’s ranking in ICT intensity in local competition, others jump
A new report has revealed that whereas Nigeria has moved down by five places to 119 out of 127 economies ranked in the 2017 Global Innovation Index from the 114th position it attained in 2016, it jumped in ease of…
Economic recovery underway as FG dolls out N350bn to fast track recession exit
The federal government on Monday announced readiness to release N350 billion, being the first tranche for implementation of the 2017 budget. Giving the analysis at the public presentation of 2017 Appropriation Act in Abuja, the Minister of Finance, Mrs Kemi…
Yudala lists 6 error prospective business owners should avoid
Yudala, emerging Nigeria’s online and offline e-commerce outfit has listed six mistakes known for collapsing entrepreneurial adventures in Africa and Nigeria in particular. In its latest Research and Development Unit Report released on Monday, Yudala noted that “Becoming a successful…
MainOne using Open-Connect Service to become largest internet hub in W’Africa
The partnership of MainOne’s Data Center company, MDXi, with the Nigerian Internet Exchange, (IXPN) to improve national transit traffic in Nigeria has encouraged it to announce a new interconnect service for carriers, enterprises and ISPs called Open-Connect. Open-Connect is a…
Progress as Ecobank’s shareholders agree to $400 million convertible bond issue
At the recent 29th Annual General Meeting and Extraordinary General Meeting, held in Lomé, weekend, shareholders of Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank Group (‘Ecobank’ or ‘the Group’), approved the issue of up to $400 million…
United Capital lists Nigerian Eurobond Fund, Wealth for Women Fund on NSE
United Capital Plc, on Monday June 19, 2017, listed $10 million and N2 billion of its Nigerian Eurobond Fund (NEB), and Wealth for Women Fund respectively on the floor of The Nigerian Stock Exchange (NSE). The listing followed a successful…
Why Dangote, Flour Mills signed MOU on repair of Apapa Wharf Road
Fresh details have emerged on why leading industrialist, Alhaji Aliko Dangote and the management of the Flour Mills of Nigeria (FMN) joined forces to partner with the federal government in the reconstruction of Apapa Wharf road. The new road development…
Nigeria leading Africa to extends hands of business fellowship to Belarus
Nigeria has started a new business development frontier in partnership with some African countries to persuade Belarus investors to the continent. This is coming on the heels of the consensus reached at the recent maiden forum on “Belarus-Africa: New Frontiers’’…
