Browsing: Business

The Rice Farmers Association of Nigeria, Bayelsa Chapter, on Thursday started the distribution of farm inputs to 227 of its members on the CBN Anchor Borrowers’ Programme meant to empower farmers in the country.

For decades, support to startups and small businesses (grouped under the acronym MSMEs) in Nigeria has been less than required, owing to a lack of proper bankable business structure, deficient collateral requirement, and low margins needed to attract funding from commercial banks.

Gbenga Adebayo, Chairman, Association of Licensed Telecommunications Operators of Nigeria, made this known in Lagos on Thursday.

African leaders attending this week’s summit with China don’t think that cooperation between the continent and Beijing has added to their debt burden, the Chinese government’s top diplomat said on Thursday.

In an interview with the News Agency of Nigeria in Lagos, Badmus said water demand in the state had risen to about 570 MGD due to the increase in the population of the state.

Commenting on this historic feat, the Comptroller-General of Customs, Colonel Hameed Ibrahim Ali (retd), described it as a result of dogged pursuit of the reform programmes.

The position of the militants followed Tuesday’s raid of the Abuja home of the former Federal Commissioner for Information, Chief Edwin Clark

Vice President Yemi Osinbanjo has charged young Nigerian innovators and entrepreneurs to always be focused and dogged in transforming their ideas into reality.

A member of aviation industry think tank group, Aviation Round Table and Chief Executive, Centurion Securities, Group Captain John Ojikutu (retd), has warned that the threats by unions in the aviation industry to disrupt the activities of the Murtala Muhammed Airport Terminal Two,

The Federal Government has expressed concern over unethical vices, which have been known to engender over-bloated budgetary allocations for salaries, incomes and wages of civil servants, warning that such practices should stop henceforth.

The efforts of the Ebonyi State Government towards full industrialization of the State on Wednesday received another boost as the BUA Group visited the State to fine-tune arrangement towards the establishment a cement factory in Okpoto, Ishielu Local Government area of the State.

Patrick Akin Akinwuntan, Managing Director and Regional Executive of Ecobank Nigeria, starts his new role on Wednesday (today).

Workers of the Kwara State Broadcasting Corporation on Wednesday in Ilorin shut down the station and staged a protest over lack of operational equipment and welfare package for staff.

The National leadership of Nigeria Union of Petroleum and Natural Gas Workers has criticised the sacking of workers by some oil and gas companies for active unionism.

The President’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu, in a statement in Abuja on Wednesday, said the president gave the assurance at separate meetings with prospective Chinese investors on the sidelines of the Forum on China and Africa Cooperation.

The NCC disclosed this on Wednesday in its Monthly Internet Subscribers Data for July posted on its website.

It said in its monthly subscriber’s operator data posted on its website on Wednesday that the active mobile lines at the end of July decreased to 161.42 million from the 162.30 million in June.

President Muhammadu Buhari on Wednesday in Beijing won the crucial support of the Chinese President, Xi Jinping, for the country’s aspiration to build the 3050 Megawatts Mambilla hydroelectric power project.

Equity transactions on the Nigerian Stock Exchange on Wednesday reversed to the negative trend after appreciating for one day as market capitalisation depreciated by N19 billion.

Dr Ibe Kachikwu, Minister of State for Petroleum Resources, would join other speakers to address energy infrastructure deficiency in Sub-Sahara Africa at the Africa Oil and Gas Summit in Kenya.