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  • LCCI, stakeholders to brainstorm on cassava flour for bread

    The Lagos Chamber of Commerce and Industry, LCCI, is set to brainstorm with stakeholders at a seminar for a renewed campaign for inclusion of cassava flour in baking bread and confectioneries. In a release by the Public...

    • Posted June 9, 2013
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  • Senate opposes NITEL liquidation

    The Senate has written to the Chairman, National Council on Privatisation, Vice-President Namadi Sambo, protesting against the liquidation of the Nigerian Telecommunications Limited and its mobile subsidiary, the Nigerian Mobile Telecommunications Limited. The Chairman, Senate Committee on...

    • Posted June 9, 2013
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  • TCN wants excavators to stay off its installations

    The management of the Transmission Company of Nigeria has warned individuals and groups involved in sand excavation around the New Haven-Otukpo 132KV transmission line towers at Opi-Nsukka, Enugu State, to desist from the act or prepare to...

    • Posted June 9, 2013
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  • 99 ships expected at Lagos ports from June 5 to June 29 – NPA

    The Nigerian Ports Authority (NPA) on Wednesday said that 99 ships, carrying various products, would sail into Lagos ports from June 5 to June 29. This was disclosed by NPA daily publication, “Shipping Position”, released to newsmen in Lagos. The publication said that the ships would...

    • Posted June 9, 2013
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  • Nestle Nigeria Plc appoints new managing director

    Nestlé Nigerian Plc has announced the appointment of a new Managing Director and Chief Executive Officer, Dharnesh Gordhon. The company announced this via a press statement signed by its Corporate Communications and Public Affairs Manager, Samuel Adenekan....

    • Posted June 8, 2013
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  • Okonjo-Iweala says Nigeria owes $6.67 billion external debt

    The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, yesterday, put the nation’s external debt at $6.67 billion, (about N1.035 trillion). Nigeria spent $8.0429 billion to service debt in 2006 and $10. 1072...

    • Posted June 8, 2013
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  • There are flaws in alcoholic beverage advert regulation – Loremikan

    Shina Loremikan is the National Coordinator, Campaign Against Impunity, and a member of the Consumer Rights Advocacy Network of Nigeria. He is also a member of the Committee for the Defence of Human Rights and immediate past...

    • Posted June 8, 2013
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  • Cable operators accuse NCC of rip-off

    LOCAL investors have accused the Nigerian Communications Commission, NCC, of colluding with foreign broadcast outfits to rip-off the Nigerian economy by not providing a level playing ground between local and foreign competitors. The local investors under the...

    • Posted June 8, 2013
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  • Ngozi Okonjo-Iweala: Clarifying Nigeria’s debt position

    There has recently been a lot of misinformation and misconception in our public debate on debt. My goal in this article is to shed some light on the public debt, to clarify the real state of Nigeria’s...

    • Posted June 7, 2013
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  • Naira falls to N159, weakest in 10 months

    The Naira fell to its weakest level in almost 10 months on the interbank market on Friday, driven down by strong demand for the dollar by offshore investors exiting the bond market and repatriating dividends, traders said....

    • Posted June 7, 2013
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  • FG selects Borno as beneficiary of Dry Port

    The Borno state Commissioner for Trade, Investment and Tourism, Dr. Asabe Vilita Bashir has said that in a bid to take advantage of Borno’s geographical location which gives it three international boundaries, the federal government, acting on...

    • Posted June 7, 2013
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  • FIRS rakes in N1.5trillion in first quarter

    The Federal Inland Revenue Service said it collected N1.5 trillion revenue as at the end of April. A statement signed by the services’ Director, Communications and Liaison Department, Emmanuel Obeta, on Thursday in Abuja, said the figure...

    • Posted June 7, 2013
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  • N100bn subsidy debt threatens petrol supply

    The country may soon be thrown into another round of petrol scarcity if the Federal Government does not pay the N100bn subsidy arrears it owes major and independent marketers responsible for 67 per cent of fuel imports...

    • Posted June 7, 2013
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  • MTN replaces 285 expatriates with Nigerian workers

    Leading digital mobile operator, MTN Nigeria Communications Limited, has replaced 285 expatriates with Nigerian workers in a move to save costs and also encourage local content in the company. The Corporate Service Executive, MTN, Mr. Wale Goodluck,...

    • Posted June 7, 2013
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