By Ikenna Uwadileke Transmashholding (TMH), Russia’s leading manufacturer of railway rolling stock, says Africa is in dire need of modern railway infrastructure to propel the continent to rapid development. The Chief Executive Officer of TMH, Mr Kiril Lipa, told newsmen in Moscow Russia, that absence of railway infrastructure in someContinue Reading
By Vivian Emoni The Federal Government on Thursday, warned against illegal mining activities and urged for strong collaboration with relevant stakeholders for sustainable development across the country. The Permanent Secretary, Ministry of Mines and Steel Development, Dr Mary Ogbe, gave the warning while Inuagurating new National Executive Council of theContinue Reading
By Lucy Ogalue The Federal Government has reiterated commitment in strengthening collaboration that will promote Nigeria’s export competitiveness, to achieve its economic diversification agenda. Dr Ezra Yakusak, Executive Director, Nigerian Export Promotion Council (NEPC), said this on Thursday in Abuja, at a capacity building programme for bankers, organised by theContinue Reading
By Philip Yatai The Federal Ministry of Petroleum Resources on Thursday, intervened in the lingering crises between the management of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and its workers. The workers have since Tuesday been protesting alleged poor welfare and working conditions and called for the sack of theContinue Reading
By Lucy Ogalue Jigawa State Government and the Nigeria Export Processing Zones Authority (NEPZA) have agreed to revitalise the state’s Maigatari Export Processing Zone. The duo agreed when the Jigawa State Governor, Umar Namadi, visited the Managing Director of NEPZA, Prof. Adesoji Adesugba on Wednesday in Abuja. According to theContinue Reading
By Bukola Adewumi The Managing Director, Oil and Gas Free Zones Authority, Nigeria (OGFZA), Sen. Tijjani Kaura, says the free zones would attract a total of 15.97 billion dollars investment to Nigeria’s Gross Domestic Product (GDP) by 2025. Kaura made this known at a maiden media parley on Wednesday inContinue Reading
By Ginika Okoye The Federal Competition and Consumer Protection Commission (FCCPC) has delisted another 18 Digital Money Lenders (DMLs) for operating without regulatory approval. A statement by Mr Babatunde Irukera, the Executive Vice Chairman of the Commission, said this on Wednesday in Abuja. Irukera said the DMLs were operating inContinue Reading
By EricJames Ochigbo The House of Representatives has urged the Central Bank of Nigeria (CBN) to remove bottlenecks preventing Nigerians from accessing the N250 billion gas expansion facility at the bank. Rep. Benson Babajimi, the Chairman of the ad hoc committee on petrol price hike said this on Wednesday, whenContinue Reading
By Vivian Emoni Kabimya Finance Company Ltd. (KFCL), a financial institute has expressed its commitment to provide redefined services and strong support to Small and Medium Enterprises (SMEs) to achieve financial goals. The Chairman of the KFCL, Dr Emmanuel Ozigi, said this at the inuaguration of its business operation, inContinue Reading
By Ikenna Uwadileke Amb. Abdullahi Shehu, Nigerian Ambassador to the Russian Federation on Tuesday encouraged investors from Russian to localise the production of their goods in Nigeria. Shehu, in an interview with the News Agency of Nigeria (NAN) in Moscow urged the Russian investors to explore the enormous potential inContinue Reading
