NIMASA DG hides update on cabotage implementation at NESG
…Seeks investments in Blue economy Expectations of maritime stakeholders who attended the just ended 23rd Nigerian Economic Summit Group (NESG) in Abuja were shattered when the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside…
Lagos raises traffic security, injects 6,000 Spy Police on highways
The Commissioner of Police in Lagos State, Mr. Edgal Imohimi, has started introducing new narratives in the state traffic security system. Imohimi, during his first visit to the Police Training School, Ikeja, revealed that his leadership has concluded plans to…
Senate passes NBC, NTA, FRCN, NAN 2017 appropriation bills
Finally on Thursday, the Senate passed the 2017 budget of the National Broadcasting Commission (NBC), News Agency of Nigeria (NAN), Federal Radio Corporation of Nigeria (FRCN), and the Nigerian Television Authority (NTA). The passage followed the presentation of the report…
W’Bank leaks Buhari’s secret, seeks investment in human dev
Fresh revelation on why massive developments have been tailored to the northern part of Nigeria was on Thursday, made by the President of the World Bank Group, Jim Yong Kim. He revealed that President Muhammadu Buhari, during his first meeting…
Lack of commercial viability forcing us to reject power—Discos open up
The spokesman of the Association of Nigerian Electricity Distributors (ANED) and Director of Advocacy and Research, Sunday Olurotimi Oduntan in Abuja on Thursday opened up on why many power Distribution Companies (Discos) engage on load rejection. Nigeria is currently serviced…
Cement backward integration attracted $6bn FDI in 2002—Lafarge
…Now saves N240bn annually More details of the success story of Cement backward integration in 2002 has been revealed by the Procurement Director, Lafarge Africa Plc, Lolu Alade-Akinyemi, at the ongoing 23rd Nigeria Economic Summit in Abuja. He explained that…
Baru reveals how he convinced refinery investors to site in A’Ibom
Fresh details have emerged on why a new set of investors in oil refinery changed their mind to locate the plant in Akwa Ibom State. Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Thursday said…
Why INTELS, experts rejected NPA’s termination of agreement
Reactions have started trailing the sudden termination of Pilotage Agency Agreement between the Nigerian Ports Authority (NPA) and Nigeria’s Oil and Gas logistics giant, INTELS Nigeria Limited. Both INTELS and industry stakeholders say action send’s wrong signal of policy inconsistency,…
Ghanaians, Kenyan developers rout Nigerians @ TechCrunch’s Startup contest
Nigerian technology startups failed to win a price at the just concluded Facebook sponsored first-ever TechCrunch’s Startup Battlefield Africa 2017 in Nairobi, Kenya. TechCrunch’s Startup Battlefield Africa saw 15 startups battle it out to win a US$25,000 prize. Nairobi-based Lori…
‘Free roaming for ECOWAS states best ease of doing business policy’
Telecoms analysts have started reviewing the recent approval for free regional roaming regulation for member states of the Economic Community of West African States (ECOWAS), saying the deal if implemented will boost regional trade and business. Before now, roaming rate…
