Wood industry can enhance Nigeria’s revenue diversification efforts – Expert

By Rukayat Moisemhe Mrs Ngozi Oyewole, Chairman Wood/Wood Products Sectoral Group, Manufacturers Association of Nigeria (MAN), says the wood and wood products industry can significantly contribute to the nation’s revenue diversification efforts. Oyewole, also the founder of Noxie Ltd., made the assertion in an interview with the News Agency ofContinue Reading

Effective regulation needed for CNG conversion workshops- automotive council

By Okeoghene Akubuike The National Automotive Design and Development Council (NADDC), says there is a need for proper regulation of Compressed Natural Gas (CNG) conversion to provide safe CNG vehicles. Joseph Osanipin, the Director-General, NADDC, said this at a Stakeholders Engagement Meeting on Accreditation of Compressed Natural Gas (CNG) PoweredContinue Reading

First Bank, Rotary empower 102 beneficiaries with N20m start-up kits

By Grace Alegba The First Bank of Nigeria Ltd, with Rotary Club International, District 9110, has distributed N20 million worth start-up kits to 102 beneficiaries in Lagos to empower them across various trades. The News Agency of Nigeria (NAN) reports that start-up kits distributed included: grinding machines, plumbing kits, deepContinue Reading

BOI launches RAPID initiative to empower rural businesses

By Rukayat Moisemhe The Bank of Industry (BOI) has introduced the Rural Area Programme on Investment and Development (RAPID), which aims to empower youth and women-led businesses in underserved regions. RAPID is to provide capital and opportunities to rural communities, in addressing challenges like rural-urban migration. The Managing Director ofContinue Reading

NBS to produce data using Artificial Intelligence

By Okeoghene Akubuike The National Bureau of Statistics(NBS) says it plans to produce crowd-sourced data on food prices using Artificial Intelligence. Prince Adeyemi Adeniran, the Statistician-General of the Federation and Chief Executive Officer, NBS, said this at the 1st Bi-Annual Meeting of the National Consultative Committee on Statistics(NCCS),2024 in KeffiContinue Reading

Data science will reposition Nigeria’s statistical system—Stakeholders

By Okeoghene Akubuike Stakeholders say the adoption of big data and data science will help reposition Nigeria’s statistical system to enhance effective statistical delivery. They spoke at the ongoing 1st Bi-Annual Meeting of the National Consultative Committee on Statistics (NCCS), 2024 organised by the National Bureau of Statistics (NBS) inContinue Reading

FG unveils software to showcase Nigeria’s mineral resources to investors

By Martha Agas The Federal Government has unveiled the Nigerian Minerals Resource Decision Support System (DSS), aimed at helping investors make informed decisions in the sector. The Minister of Solid Minerals Development, Dr Dele Alake unveiled the software on Tuesday in Abuja. The DSS is a comprehensive software platform thatContinue Reading