47% of Nigerians lack access to clean water — Report
About half of Nigeria’s population lack access to potable water, a recent survey by NOI Polls has shown. OKECHUKWU NNODIM writes on other findings contained in the survey report NOI Polls, a leading...
View ArticleWhat does March hold?
Market performance so far Equities market review Activities on the bourse at the beginning of the month stayed strong, consolidating the 13.44% NSEASI MtD return in January. The first 8 trading days...
View ArticleUS offers airspace-based emissions regime
A United States proposal for curbing aircraft emissions would exclude time spent flying over international waters, an approach that some environmental groups say is too timid in addressing the rise in...
View Article42 private jets land at Lagos airport daily
No fewer than 42 private jets land at the Murtala Muhammed Airport, Lagos daily, findings by our correspondent have revealed. A statement obtained by our correspondent from Nigeria’s first commercial...
View ArticleUse professionals for building construction — COREN
President, Council for the Registration of Engineering in Nigeria, Mr. Kunle Ogunbayo, says many buildings collapse due to the engagement of nonprofessionals. He said the way out of such situation was...
View ArticleGlobal Markets Shrug off Poor Economic Data
Global Markets Most global markets were little changed week-on-week amid worrying economic news. Rating Agency, Moody’s, downgraded the U.K. to AA1 (from AAA), Italy’s elections ended in a stalemate,...
View ArticleWe lack regulations to enforce PPP contracts — ICRC boss
Acting Director-General, Infrastructure Concession Regulatory Commission, Dr. Ghaji Bello, spoke with IFEANYI ONUBA on issues relating to Public Private Partnership projects in the country You were...
View ArticleEtihad, Kenya Airways sign codeshare agreement
Etihad Airways, the national airline of the United Arab Emirates, is to expand significantly its reach across Africa after signing a strategic commercial partnership agreement with Kenya Airways, the...
View ArticleSome pension contributors prefer to discuss in native languages
Chief Executive Officer, Stanbic IBTC Pension Managers, Dr. Demola Sogunle, spoke with NIKE POPOOLA on major issues affecting the new pension scheme What is being done to introduce all workers into...
View Article‘NDDC, derivation fund have failed’
The introduction of 13 per cent derivation fund and the Niger Delta Development Commission, meant to accelerate the development of oil communities in the Niger Delta region, have failed to achieve...
View ArticleConstruction PMI hits lowest level since October 2009
Construction output fell in February at the fastest pace in more than three years despite a rare pick-up in house building, a survey showed on Monday. Reuters reported that the Markit/CIPS Construction...
View ArticleKenyan equities, shilling rally
Kenya’s currency is trading at its highest level in 10 weeks and stocks are rallying as investors bet the East African nation will avoid a repeat of the prolonged violence that followed 2007 elections...
View Articlee-Learning initiatives will improve youth IT potential – NITDA
The various e-learning initiatives of government and the private sector across the country will among other things provide the breeding ground for the eventual increase in Information Technology...
View ArticleJapex to take 10% stake in Petronas’ gas project
Japan Petroleum Exploration is taking a 10 per cent stake in an integrated shale gas development and liquefied natural gas project being planned by Malaysia’s Petronas in Canada’s British Colombia...
View ArticleAlibaba eyes $8bn jumbo loan
Chinese e-commerce giant Alibaba Group is back in the loan market with an eye on a jumbo financing of up to $8bn to refinance existing debts, barely a year after borrowing $4bn in loans, according to...
View ArticleHess to focus on oil, gas exploration
Oil and gas company Hess Corporation will exit its retail, energy marketing and energy trading businesses following pressure from its third-largest shareholder — activist investor Elliott Management —...
View ArticleForceful stimulus still needed — Fed official
Janet Yellen, the Federal Reserve’s influential vice chair, said on Monday the central bank’s aggressive monetary stimulus is warranted given how far below its full potential the economy is operating....
View ArticleEU growth boost from US free-trade deal
Europe’s most senior trade official has said that a free-trade agreement between the United States and European Union would boost its growth by as much as one per cent, leading to many more jobs. The...
View ArticlePratt & Whitney uncovers fraudulent engine-testing scheme
Pratt & Whitney, a subsidiary of United Technologies Corporation, uncovered a fraudulent scheme of testing engine parts by another unit of United Tech, the Wall Street Journal reported on Monday....
View ArticleNaira gains on oil dollar sale
The naira gained for a second day, advancing to its strongest in a week as oil companies sold dollars to meet month-end local expenses. The currency appreciated by 0.4 per cent to N157.35 per dollar,...
View Article