President Muhammadu Buhari has approved the appointment of Professor Adesoji Adesugba as the new Managing Director of Nigeria Export Processing Zones Authority(NEPZA), a parastatal under the Federal Ministry of Trade and Investment. The President’s approval was given in a letter addressed to the Minister, dated 26th June, 2020 and signed by Professor Ibrahim Gambari, the […]
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BUSINESS AND ECONOMY
Policy experts hail commencement of N- Power Batch ‘C’ programme
Policy experts in Nigeria have hailed the introduction and ongoing registration of the N- Power Batch ‘C’ Scheme, saying it is a welcome development for the realisation of President Muhammadu Buhari’s agenda for the positive transformation of the Nigerian economy through youth empowerment. The experts who spoke at a virtual workshop organised by the Youth […]
SON raises red alert on suspected substandard Toyota engine oil
By Raphael Jov, Abuja The Standards Organisation of Nigeria (SON) has raised a red alert on the discovery of suspected substandard Toyota brand of engine oil in the Nigerian markets. A statement from the office of the Director General, Osita Aboloma Esq. disclosed that the suspected substandard Toyota bran of engine oil was discovered through […]
MSME Day: Hon. Salam launches micro grant for women
By Lubem Gena As part of efforts to impact positively on the fortunes of his constituents, the House of Representatives member for the good people of Ede North/Ede South/Egbedore/Ejigbo Federal Constituency, Hon. Bamidele Salam has launched a micro-grant scheme for women. Hon. Salam made the announcement today, 27th of June as part of his activities […]
Chambers of commerce operations in the wake of coronavirus pandemic
By Victoria Akai It is no longer news that the COVID-19 pandemic has adversely affected international trade and disrupted supply chains. The economic impact has continued to take its toll on businesses across the globe. Factories and markets were shut for a protracted period of time leading to businesses being closed or production scaled back. […]
COVID-19: Nigerian youths must leverage on skills to contribute to digital economy – DG NITDA
By Raphael Jov, Abuja Nigerian Youths have been advised to join hands with government and other relevant stakeholders to acquire necessary digital skills in order to be self-reliant during the post COVID-19 era. The Director General, National Information Technology Development Agency (NITDA), Mallam Kashifu Inuwa Abdullahi, CCIE, gave the advice during an online interactive session […]
SON disowns ultimatum on product authentication mark
By Raphael Jov, Abuja The Management of the Standards Organisation of Nigeria (SON) has disowned a purported ultimatum to Manufacturers and Importers on its yet to be launched Product Authentication Mark scheme. A statement from the office of the Director General, Osita Aboloma Esq., explained that the programme is still in the works, awaiting final […]
Pantami unveils NCC strategic roadmap
By Raphael Jov, Abuja In line with the directives of His Excellency, President Muhammadu Buhari GCFR to ensure all parastatals and agencies of government under the supervision of a Ministry are efficient and effective in service delivery to Nigerians, the Honourable Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami FNCS, FBCS, FIIM […]
Airports concession boosts as Sirika receives Certificates Of Compliance
By Victor Akaa, Abuja The Federal government’s plan to concession its four international airports received a boost on Tuesday as the Minister of Aviation Senator Hadi Sirika received the Outline Business Case Certificate of Compliance for the concession of Lagos, Abuja, Port Harcourt and Kano International Airports from the Infrastructure Concession Regulatory Commission (ICRC). James […]
ACCI President makes case for Public-Private sector collaboration to develop mining sector
By Lubem Gena As part of efforts to reposition the Mining industry and make it a money spinner for Nigeria, the President of Abuja Chamber of Commerce and Industry (ACCI), Prince Adetokunbo Kayode has called for committed collaborative efforts by the government and the private sector. “It is very important for us to emphasise that, […]