Vulture, unmanned aircraft, coming to Nigeria
When an aircraft hovers in the air for lack of clearance to land, for some passengers, the heart misses a beat. Now, imagine an aircraft that could stay in the air for up to five years. Impossible you...
View ArticleInvestors panic over nationalised banks report
Tension is rising among interested investors in the three nationalised banks as financial advisers appointed to value the banks have failed to submit their reports. The consultants, appointed in August...
View Article‘Debts affecting telecom industry’
As telecommunications operators in the country insist that subscribers must pay their bills even before they make calls, many of them are ridden with debts. At a forum on annual operating levy in...
View ArticleFG considers coal, hydro as alternative energy sources
The Federal Government has restated its resolve to vigorously develop hydro and coal as alternative sources of energy. It is also looking at the possibility of using natural resources such as sun and...
View ArticleCouncil to assist owners of flooded farms
Farmers in Ijebu Ode Local Government Area of the state whose farmlands were recently ravaged by flood have been assured of necessary government’s assistance. The promise is coming a few days after the...
View ArticleInstitute seeks speedy resolution of budget impasse
The Registrar, Chartered Institute of Finance and Control of Nigeria, Mr. Eohoi Godwin, has called on President Goodluck Jonathan and the National Assembly to amicably resolve areas of dispute in the...
View ArticleStakeholders want increased collaboration on agriculture
Tobacco farmers under the aegis of the Nigerian Independent Tobacco Association and the National Assembly committees on Agriculture have called for increased collaboration on agriculture to enhance...
View ArticleMPR reduction vs. Exchange rate stability DANGCEM Pushes NSEASI YtD Up
Market review for the week Market mood for the week tilted slightly towards profit taking, as market breadth favoured the bears. Activities on NESTLE weighed heavily on the NSEASI, as investors took...
View ArticleFG targets 50% foreign earnings from agro —exports
Away from oil, Nigeria is fast returning to agriculture as a major income earner. And to demonstrate its determination to diversify the economy, the Federal Government has unveiled plans to earn about...
View ArticleOgun not indebted to FADAMA project — Amosun
Ogun State Government has declared that it has met all its financial obligations to the FADAMA III project. It said that it has paid up its counterpart funding for the project. The State Governor,...
View ArticleJapan’s Nikkei rises amidst caution
Japan’s Nikkei average rose on Friday as investors scooped up bargains after the index fell sharply the previous session, though they remained cautious ahead of the Japan-United States summit, the Bank...
View ArticleDangote Cement assures investors of better performance
Investors in Dangote Cement Plc have been assured of good returns at the end of the current financial year. The company made this announcement in a statement on Friday, on the back of the performance...
View ArticleUS manufacturing rises for third month
Manufacturing in the United States probably expanded for a third month in February as the global economy stabilised and businesses invested more in new equipment, economists said before reports this...
View ArticleNIQS advocates transparency in projects, gets 12 Fellows
Eighteen fellows of the Nigerian Institute of Quantity Surveyors were presented with different awards at the Investiture of Fellows/Awards Nite/Presidential Dinner, which held in Lagos last week. The...
View ArticleEtisalat leverages Google Maps for customer service
The fourth biggest mobile network in Nigeria by subscriber base, Etisalat, has listed its Experience Centre locations across Nigeria on Google Maps and the essence, it says, is to facilitate easy...
View ArticleThird Mainland Bridge: Engineers canvass independent investigation
Reacting to the controversy over the state of the Third Mainland Bridge, Nigerian engineers have advised the Federal Government to set up an independent body to investigate its true condition, MAUREEN...
View ArticleCredit bureaux critical to financial sector development –NIM
The President and Chairman of Council, Nigerian Institute of Management, Dr. Michael Olawale-Cole, has said that credit bureaux are critical to the development of the financial sector in the country....
View ArticleNaira hits four-week high on dollar sales
The naira appreciated the most in four weeks as an oil producer was said to sell dollars to lenders, boosting supply, Bloomberg reported on Friday. The currency of Africa’s biggest oil producer climbed...
View ArticleSpending cuts threaten state recoveries
Federal budget cuts will probably damage United States states’ economies recovering from the worst fiscal crisis since the Great Depression and push the US back into recession, governors said....
View ArticleSingle-digit inflation depends on monetary easing —Analysts
Analysts and stakeholders have called for monetary easing by the Central Bank of Nigeria as the average inflation rate forecast for 2013 is in single digit, Ademola Alawiye writes Efforts by the...
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