ICT, Agriculture, others to lead economy growth this year—LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has again, projected that the Information Communication Technology (ICT) and other sectors including agriculture, manufacturing, transportation and trade would be the major drivers of the economy in 2023. In a statement titled…
LCCI, NACCIMA void DMO claims on manageability of N77tn debt
The leadership of the Lagos Chamber of Commerce Industry (LCCI) as well as the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) have described the claims by the Director-General of the Debt Management Office (DMO), Patience Oniha,…
Manufacturing contribution to GDP to drop from 8.2% in 2023, Says LCCI
The leading manufacturers’ body, the Lagos Chamber of Commerce and Industry ( LCCI) has predicted that the contribution of manufacturing to gross domestic product (GDP) may fall from the 8.2 percent recorded in the third quarter of 2022, except government…
(Special Report) Herdsmen, Boat Capsizing Killing Rice Farmers in Nigeria
Two major killers of Nigerian Rice Farmers in large scale have been identified. They are Fulani Herdsmen and use of rickety large boats that usually cap-sizes mid-sea. These twin challenges are casting doubts on the seriousness of the federal government…
Akwa Ibom the best Tourism assets in Nigeria today—Uko
Nigerian highly decorated Travel Journalist, Mr. Ikechi Uko, has averred that “The biggest Hotel Facility in West Africa-The Ibom Icon Golf Resort. The first Smart Airport in Nigeria ,now the Four point by Sheraton Hotel at Ikot Ekpene and the…
Equities on NGX open on strong footing as work resumes for 2023
In the first trading day of the year, yesterday, January 3, 2023, the Nigerian equities opened on a bright note as the benchmark index gained 0.67% to close at 51,595.66 points – the highest point since 22 July 2022. The positive performance…
A short take at CR 7’s minute-by-minute earnings this year
The Portuguese International and one of the best footballers ever, Cristiano Ronaldo, is to earn over N200m ($548,000) daily playing in oil-rich Saudi Arabia. At the end of the day, the figures speak, not acronym. Whether Pele, Messi, Ronaldo, these…
Foreign Vessels Violating Fishing Regulations, Orakwusi Reveals
The Chief Executive Officer, Morbod Group, Mrs Margaret Orakwusi, has alleged that fish poachers with foreign vessels fail to conform to rules and regulations on African waters. Orakwusi, explained that foreign vessels extract the bottom-to-the-top approach without considering the future….
Ajaokuta Steel: Avoid previous shrouded concessioning, Expert to FG
Due to the monumental failures of promises made by politicians especially during campaigns, a Development Economist, Ken Adedeji has cautioned the out-going administration not to conduct the kind of concessioning that is killing the nation’s power sector. He said handing…
Dangote Refinery Awards Scholarship To 460 Students
In continuation of its Corporate Social Responsibility (CSR) policy, Dangote Petroleum Refinery and Dangote Fertiliser Limited have awarded scholarships to 460 students of secondary schools and tertiary institutions from its host communities in Ibeju Lekki, Lagos State. The company said…
