By Okeoghene Akubuike With the continuous increase in the price of bread, many residents of the Federal Capital Territory (FCT) say they are struggling to keep up with the cost of the staple food. The residents, who spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday, pleadedContinue Reading
By Yusuf Yunus The Federal Government has pledged its commitment to patronising local meter manufacturers in boosting local content development and fostering growth in the industrial sector. Mr Adebayo Adelabu, the Minister of Power, during a working visit to Momas Electricity Meters Manufacturing Company Ltd. (MEMMCOL), gave the assuranceContinue Reading
By Yunus Yusuf Hajia Aisha Mahmud, Commissioner, Customers Affairs, Nigerian Electricity Regulatory Commission (NERC), has cautioned electricity consumers against self- procurement of transformers, cables and accessories without formal agreement with distribution companies. Mahmud gave the warning at the commission’s three-day Customers Complaints Resolution Meeting with Eko Electricity Distribution Company’sContinue Reading
By Martha Agas An expert in geosciences, Dr David Egya, says big companies are currently facing a lot of pressure when investing in oil and gas due to the global upsurge in energy transition. Egya said this during his presentation at a session on ‘Opportunities and Challenges in Renewable EnergyContinue Reading
By Rukayat Moisemhe Mr Ebenezer Olufowose, Managing Director, First Ally Capital Ltd., has projected moderate expansion of the country’s Gross Domestic Product (GDP) in the first quarter of the year. He said this during the Nigerian-British Chamber of Commerce (NBCC) members’ evening/induction on Thursday in Lagos. The News Agency ofContinue Reading
By Leonard Okachie The Livelihood Improvement Family Enterprise for Niger Delta (LIFE-ND) says it has planted over 3,000 stands of economic trees across communities in Abia. The State Project Coordinator, LIFE-ND, Dr Uchenna Onyeizu, spoke with the News Agency of Nigeria (NAN) in Umuahia on Thursday, in commemoration ofContinue Reading
By Rukayat Moisemhe Michael Ervin, Senior Foreign Service Officer, United States Consulate, Lagos, says access to capital for young companies and an enabling environment for technology start-ups will enable new perspectives to Nigeria’s economic growth and development. Ervin made the call at the American Business Council (ABC) Economic Update onContinue Reading
By Lydia Ngwakwe The Association of Private Practising Surveyors of Nigeria (APPSN) has urged private surveyors to equip themselves with the knowledge and skills needed to manage their finances effectively. APPSN, a sub-group of the Nigerian Institution of Surveyors (NIS), Lagos State Branch, gave the advice at its 2024 AnnualContinue Reading
By Okeoghene Akubuike The African Export–Import Bank (Afreximbank) has unveiled its Fund for Export Development in Africa (FEDA) office in Kigali, Rwanda. This is contained in a statement issued by Vincent Musumba, Manager, Communications and Events, Afreximbank in Abuja on Wednesday. The statement said FEDA was established to tackleContinue Reading
By Funmilayo Adeyemi Dr Alim Abubakre, British-Nigerian founder of TEXEM UK, a consulting firm in the United Kingdom, says the appointment of Olorundare Thomas to Nigerian Content Development and Monitoring Board (NCDMB) Governing Council is strategic and exemplary. Thomas is Nigeria’s Commissioner for Insurance and Chief Executive Officer ofContinue Reading
