Arbitrary Charges: Telecom Firms Withhold N979bn Investment
Global System for Mobile operators in the country on Thursday stated that the huge financial burden imposed on them by state governments was a major hindrance t
80 Nigerians Participate In #USPFHackathon
The #USPFHackathon, a three-day event held at iDEA NG's offices, from September 18 to 20, featured over 80 participants across Nigeria. The event, aimed at crea
Nigeria, Other Oil Producers Face 2.25% Loss – IMF
The 2015 World Economic Outlook by the International Monetary Fund (IMF), reveals that energy-exporting countries, including Nigeria, could see about 2.25 per c
Nigerian Breweries Establishes N100bn Commercial Paper Programme
Nigerian Breweries Plc has established a N100bn commercial paper programme as part of efforts to diversify its funding sources and optimise funding costs. In st
CBN, Others Set For WebMall's E-commerce Confab
Representatives from the Central Bank of Nigeria (CBN), commercial banks and other organizations within the e-commerce sector are currently warming up for a Con
35 Firms Approved By Govt To Assemble Cars – NAC
The Director-General of the National Automotive Council, Mr. Aminu Jalal, has stated that 35 companies have been licensed by the Federal Ministry of Finance to
Architectural Firm Gets ISO Certification
An architectural firm, Consultants Collaborative Partnership (CCP), has been given the ISO 9001:2008 certification for consultancy services in the field of arch
Dangote's Tanzanian Cement Plant For Inauguration For Oct. 10
Dangote Cement has announced that it will inaugurate its new 3.0-million-metric-tonne per annum cement plant located in the Mtwara District of Tanzania on Octob
Tyre Sellers Inaugurate N2.9bn Shopping Arcade
The Association of Nigeria Tyre Marketers (ANTM) has opened for business its permanent business site, the Africa Tyre Village, at the Lagos International Trade
UBA's Oduoza Named CEO Of The Year
The Group Managing Director and Chief Executive Officer, United Bank for Africa Plc (UBA), Mr. Phillips Oduoza, has been named the 2015 Ai Socially Responsible
ETI Receives $285m Loan From Deutsche Bank
Ecobank Transnational Incorporated (ETI) has secured a $285m senior unsecured loan facility from Deutsche Bank AB, Punch reports. The Nigerian Stock Exchange st
Farmers Laud Jigawa Govt Over Sugar Factories' Establishment
Some farmers in Hadejia, Jigawa, have commended the state government over the establishment of two sugar factories by Dangote Group and Crystal Sugar Company. A
China's Crude Oil Importation From Nigeria Steady – Envoy
China's Ambassador, Gu Kiaojie, says his country's crude oil importation from Nigeria has been steady in the last five years. Gu told the News Agency of Nigeria
Nigeria’s Oil Export Hits Lowest Level In June
Export of the nation's crude oil fell by 14.6 per cent in June to 58.62 million barrels, the lowest level so far this year, the latest monthly report from the…
BOI Secures $100m AfDB Loan For SMEs
In order to aid its development ficing objectives, especially to Small and Medium Enterprises (SMEs), the Bank of Industry (BOI) has secured a $100m loan from t
Tanker/Container Road Accidents: Mariners Urge FG To Develop Water Transportation
The Master Mariners Association of Nigeria (MMAN) has called on the Federal Government to develop water transportation as an alternative means of conveying cont
Customs Seize Rice Concealed In Fuel Tanker, Cars
The Seme Area Command of the Nigeria Customs Service has seized 843 bags of rice concealed in different means of conveyance ranging from petrol tanker to motor
Nigeria, China To Collaborate On Agric Development
The Federal Government of Nigeria has announced its readiness to partner with China in developing Nigeria's agricultural sector. The Permanent Secretary, Federa
Bayelsa Protests Against Oil Spills From Agip Facilities
The Bayelsa State Government has sent a protest letter to the Nigerian Agip Oil Company complaining about pollution of the state's environment by oil spills fro