• Truck Transit Park: A Modern Road Transport Infrastructure Project

    By Glory Onojedo Transport is a critical determinant in the conduct of international trade and impacts on national economies. The availability, quality, cost, and efficiency of transport services influence the trading environment and the competitiveness of export goods on the international market as well as the cost of imported goods. The challenges...

  • Agbarakwe, 2 Other Nigerians Win Crans Montana Award

    The special assistant on communications and stakeholder’s engagement to the minister of state for environment, Ms Esther Agbarakwe, and two other Nigerians has been honoured with Crans Montana Forum of New Leaders of Tomorrow award for their outstanding professional achievement. The other Nigerians are Aminu Waziri Mohammed and Usman Muhammad. The forum...

  • Ikeja Electric Debt Rises To N88bn

    By CHIKA IZUORA, Lagos Ikeja Electric has said that its metering project is currently facing some challenges due to financial constraints which has prompted the management to alter original meter roll out plan. Felix Ofulue, corporate communications manager of the power distribution company said at the moment the company’s customer debt profile...

  • Dangote Foundation Donates N50m To Victims Of Yoruba, Hausa Clash In Ile-Ife

    By OLUSHOLA BELLO, Lagos Financial relief came the way of victims of the recent Yoruba and Hausa communal clash in Ile Ife, Osun State, as Dangote Foundation donated N50 million to 220 victims to cushion the effect of the violence. At the grand ceremony held at the palace of Ooni of Ife,...

  • FG Allays Fears On Yam Exportation

    By Adebayo Waheed, Ibadan The federal government has allayed the fear of Nigerians over the exportation of yam, saying it will not cause artificial scarcity. The Minister of Agriculture and Rural Development, Chief Audu Ogbeh who stated this during a courtesy visit to the  Oyo State governor, Senator Abiola Ajimobi, at the...

  • IBM To Train 5m Nigerians On Technology Skills

    By AYOMIDE AYONO, Lagos Mr. Dipo Falkner, country general manager, IBM West Africa, has disclosed that the company would be training five million Nigerians over the next two years on information and communications technology skills required to enhance the small and medium enterprises (SME) business entrepreneurs. He made this known during the...

  • 67% Of Nigerians Don’t Borrow – Efina Survey

    By Bukola Idowu, Lagos Although more Nigerians are being included in the financial system, more than 67 percent of the adult population does not access credit and many of those who do, don’t get it from the formal system. According to the 2016 Efina Access to Finance survey just released, although the...

  • Customs Defends Controversies Generated Over E-auction Platform

    By Suzan Nwachukwu, Abuja Nigerian Custom Service (NCS) has blamed the glitches experienced in the first round of it’s perceived controversial e-auction on inability of other commercial banks to hook up to the platform. Irrespective of the fact that only only Jaiz bank with very limited branches across the country participated in...

  • CBN Reaffirms Commitment To Sound Financial System, Combat Money Laundering

    By BAYO AMODU, MARK ITSIBOR, Abuja And BUKOLA IDOWU, Lagos The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensure that the Nigerian banking sector is not used as a means of money laundering in or outside the country or for any other form of illegal activities, its Governor, Mr...

  • Naira Eases At Parallel Market

    By Kayode Tokede, Lagos Naira, on Monday exchanged at $1/N367 against $1/N370 sold over the weekend, and also appreciated to Euro N414 per compare to N420 traded on Friday at the parallel segment of the foreign exchange market. This is just as Investors & Exporters F widow, otherwise known as NAFEX has...

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