Ambode donates N5 million to students with new biogas technology
Lagos State Governor, Mr. Akinwunmi Ambode on Thursday donated N5 million to two students of Lagos State College of Health Technology who designed new technology of generating Biogas through...
View ArticleAmbode approves N740 million compensation for Lekki free zone host communities
Lagos State Governor, Mr. Akinwunmi Ambode on Thursday approved a total sum of N740,461,432.00 as compensation for host communities of Parcel B comprising Yegunda, Abomiti and International Airport...
View ArticleI did not say rice is expensive because Nigerians eat too much rice-Ogbeh
Minister for Agriculture and Rural development, Chief Audu Ogbeh has dismissed news report quoting him saying ‘Nigerians eat too much rice, that’s why it is expensive’. The minister in a statement...
View ArticleHurdles before Efekoha, New NIA Chairman
Eddie Efekoha The emergence of a new chairman for the Nigeria Insurers Association, (NIA), Mr. Eddie Efekoha has set the insurance sector abuzz at a time the industry is challenged by some economic and...
View ArticleChallenges of Nigerian ports in 10 years
MD, NPA Hadiza Usman Ten years after concessioned, the ports are still at the gruff and moth-eaten stage due to government failure to provide essential infrastructure, that could make the industry the...
View ArticleMore Unemployed Nigerians May Draw From Pension Fund amidst Economic crisis
As companies in both public and private sectors keep closing shops, with some laying off their staff on a daily basis, as a result of the current economic downturn in the country, more unemployed...
View ArticleAfter flexible Forex policy adoption, scarcity of dollar still persists
Godwin Emefiele, CBN Gov. Two months after the Central Bank of Nigeria (CBN) adopts a flexible Forex policy to rescue the ailing Naira, it seems the scarcity of dollars in the Forex market has further...
View ArticleLending to SMEs through Credit Guarantee Corporation
Small and Medium Enterprises(SMEs) are seen as the driver of economic growth, especially, at a time the country is diversifying its revenue from oil. As critical as SMEs sector is, lending to operators...
View Article‘States must be financially independent to meet pension, salary obligations’
Mr. Wilson Ndidi Ideva is the current Managing Director of Premium Pension Limited, whose head office is in Abuja, Federal Capital Territory(FCT). In this encounter with our Editor, NKECHI NAECHE,he...
View ArticleRimson Presents Book On Risk Mansgement
The pivotal place of risk management for the survival of government and enterprises is being advocated in the book, entitled “Risk Management and Other Professions” to debut in Lagos on Wednesday,...
View ArticleWorld Pension Summit: The Special Focus On Africa
WAP logo The radical dualism- the acute paradox of poverty in the midst of plenty – that definesAfrica finds ugly consequential expression in the most vulnerable members of society – women,...
View Article‘Contributors, retirees must beware of pension fraudsters’
In this interview with Director-General, Lagos State Pension Commission (LASPEC), Mrs. Folashade Onanuga, she spoke on when the new Lagos Pension Scheme is likely to take-off, reasons for the delay in...
View ArticleAddressing Huge Pension Arrears in Contributory Pension Scheme
Chinelo Anohu-Amazu Though the new pension scheme has brought stability into the pension system in the country, the huge pension arrears owed by governments at the federal and state level is a major...
View ArticleDangote plans N6tn investment in Nigeria, others
Aliko Dangote The Chairman, Dangote Group, Aliko Dangote, has revealed plans to increase his investments in the country and across the continent by injecting about N6.09tn ($20bn) into projects...
View ArticleNaira plunges to 440 as dollar inflow drops
Naira The naira was sold at the parallel market for 440 per dollar on Sunday, as the lingering foreign exchange scarcity increased to a new level. The local currency, which closed at 436/dollar...
View ArticleInsurance-Bank partnership, key to business boom – NSIA MD
Mable Nana Nyarkoa, MD NSIA Insurance Insurance companies have been urged to partner with banks in order to easily penetrate different markets and maximize sales opportunities on Bancassurance...
View ArticleLagos Deseeves World Class Sea Port – Ambode
Akinwunmi Ambode …Declares Readiness To Partner Investors Lagos State Governor, Mr. Akinwunmi Ambode on Monday said the State has all it takes to have as many world class Deep Sea Ports as...
View ArticleNew Authorised Traders Admitted to NASD OTC Market
We are pleased to welcome the two (2) Authorised Traders who have completed their induction during the course of the week. The individuals have completed their membership requirements with the NASD...
View ArticleFGN External Debt Mostly Concessional
FBNQuest Research FGN external debt at end-June amounted to US$11.26bn, equivalent to 3.4% of 2015 GDP. The total has increased by US$540m over six months, and the outstandings to the World Bank...
View ArticleCement Sector Update – Forging Ahead Through Macro Headwinds
FBNQuest Research Strong but varied unit volume growth in H1 2016 Sector-wise, unit volume growth for Nigerian cement companies in H1 2016 was stellar, at around 21% y/y. However, on a company by...
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