‘PFAs’ investing only N4.2bn out of N6.5tn pension funds in infrastructure too poor’
More reasons have emerged on why the infrastructural base of the nation had remained weak. Part of the reason includes poor investment of pension funds which recently rose to N6.49tn as of April this year in the areas of infrastructure….
S’East leaders puncture Amaechi’s claims on rail projects covering all states
Barely 24 hours after the Minister of Transportation, Mr. Rotimi Amaechi said in Lagos that ongoing drive by the current administration to revamp the rail sector in Nigeria, will cut across the 36 states of the federation, followers of the…
Good news for 2017 budget as oil price jumps to $53 a barrel
After two days of decline, Brent crude LCOc1, the global benchmark, on Wednesday was up 50 cents at 52.64 dollars. Analysts say the trend is good for the Nigerian economy not just for the rise, but for the equally rising…
Mobil Oil changes name to 11 Plc (pronounced as Double One Plc)
Based on the resolution passed by the company’s shareholders at its annual general meeting (AGM) held on 24 May 2017, Mobil Oil Nigeria Plc says it has completed all needed terms and conditions to change name and should henceforth, be…
How to strike balance between employer/employees’ relationship
By Austin Okere, Founder of CWG Plc Background: Employees believe that employers couldn’t care less about them and are only out to exploit them; and Employers believe that employees couldn’t care less about the business and are only after the…
Revealed: FG colluding with China to kill local content in construction sector?
Indications have emerged apparently showing that the Federal Government in the mad rush for Chinese consessioned loans have created undue window for China to rob indigenous contractors of jobs that ordinarily be done by Nigerians while Chinese execute their main…
Ghana kicks off industrial clusters, releases $1bn for listed 80 mixed investors
To deepen sustainable industrial development across every region of Ghana in view of massive job creation, the Ghanaian Deputy Minister of Information, Mr. Perry Curtis Okudzeto, on Wednesday, announced the allocation of GH¢456m (about $1bn) to support private sector in…
Building collapse: COREN unveils 1st local concrete mix design standard
To tame the rising trend in building collapse especially during construction in parts of the country, the Council for the Regulation of Engineering in Nigeria (COREN) has launched First Nigerian Concrete Mix Manual as a guide for decking and pillars…
#ResumeOrResign: Day 2 turns injurious, but protesters remain adamant
First test for the resilience of Nigerian youths calling on President Muhammadu Buhari to either resume work as elected President of federal Republic of Nigeria or resign and go home came on Tuesday as protesters were fired teargas by the…
Digital is future cities, Nigeria can’t afford to lag behind—Osinbajo
…Says implementation’ll be difficult The acting President, Prof Yemi Osinbajo, in Abuja on Tuesday, made it clear that as the entire globe is drifting towards digital economy and allied city infrastructures, Nigeria cannot stand alone but join the comity of…
