Forex forces Agro-equipment manufacturers to close shops
Leading indigenous investors in Nigeria’s agricultural and equipment manufacturing industry yesterday opened up on their teething challenges in accessing foreign exchange to get materials for fabrications. They averred that their businesses were under severe threat due to the unfavourable operating…
Start work on $16bn EPZ to create 150,000 jobs in N’Delta – Ayiri
Niger Delta activist and chieftain of the All Progressive Congress, Chief Ayirimi Emami, has called on President Muhammadu Buhari to use the prevailing ceasefire with Niger Delta militants to restart the $16billion Gas Revolution Industrial Park and Escravos Environs Power…
FG introduces online portal for farmers
The Federal Government yesterday launched the National e-agricultural Web Portal (NEAWP) to help achieve the diversification efforts of the government. Addressing enthusiasts during the validation of the portal and inauguration of the Project Steering council in Abuja, the Minister of…
FG moves to deepen mining with technical assistance to states
More attractive incentives are now coming to states as part of measures to invest in the mining sector. Minister of Mines and Steel Development, Dr. Kayode Fayemi, has said the ministry is providing logistics and technical assistance to state governments….
Guinness Nigeria donates water facility to Benue Community
In furtherance of its continued commitment to interventions that transform lives and improves the health and well-being of communities in Nigeria under its Diageo Water of Life Scheme, Guinness Nigeria Plc has constructed a self-sustaining motorised solar-powered water facility in…
Seafarers’ raises alarm over fake merchant navy operatives
The Nigerian Merchant Navy Officers and Water Transport Senior Staff Association, NMNOWTSSA, has raised alarm over the activities of fake merchant navy operatives. They said their activities pose a threat to the already fragile security situation in the country. President…
Price of Rice to fall next month — Ogbeh
Indications have emerged that going by the quantum of private sector and states governments’ investments in rice farming; next harvesting season of rice which is November will see huge harvest and possible saturation of the market. States where rice is…
Dangote, 9 others to discuss Africa-Europe trade with Hollande
French President, François Hollande has concluded discussion with top 10 entrepreneurs across Middle East, Europe and Africa in Paris on ways of promoting trade relations with Europe. The dialogue is coming on the heels of serious collapse in the volume…
LADOL seal partnership deal with Norwegian companies
The Lagos Deep Offshore Logistics (LADOL) is currently working out a strategic partnership package with some Norwegian companies towards oil and gas business development in the country. This was made public when a delegation of the Nigerian-Norwegian Chamber of Commerce…
Africa closes ranks to fight piracy, illegal fishing
Africa will come together to battle piracy and illegal fishing for the first time at an African Union maritime security summit that kicks off in Togo on October 15. The continent urgently needs to fight “extremely high stakes” piracy and…
