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Business & Finance

Researchers, policymakers to discuss cassava agronomy

Scientists across Africa and their colleagues in other parts of the world are meeting with policymakers in Tanzania under the auspices of the African Agronomy Initiative (ACAI) to discuss the progress made in the last two years in providing clues to the agronomy of cassava. The meeting, holding between December 11-15, 2017, is to “review the progress made by the ... Read More »

Nigeria’s export value hits N3.57bn in Q3 –NBS

The National Bureau of Statistics (NBS) has said that Nigeria’s total exports in the third quarter of 2017 stood at N3.57 billion, showing 13.19 per cent increase over the amount recorded in the second quarter. The NBS stated this in “Foreign Trade Statistics for the Third Quarter 2017’’ posted on the bureau’s website. The bureau stated the value (N3.57 billion) ... Read More »

WorldStage Economic Summit makes case for innovation

The Worldstage Economic Summit 2017 held at the Event Centre of the Nigerian Stock Exchange, NSE, Lagos on August 23, with the theme “Transforming Business and Economy through Innovation” has made a very strong case for innovation in the public and private sectors, noting that the first problem that the nation must solve before the economy can be transformed through ... Read More »

Nigerian shippers give NIMASA DG thumbs up

The Shipping Association of Nigeria, SAN, has expressed confidence in the transformation strides in the maritime sector by the Dakuku Peterside-led Management of the Nigerian Maritime Administration and Safety Agency, NIMASA. Chairman of the Association, Val Usifoh, who made this disclosure during a courtesy visit to the Agency with other members of the association, stated that they are impressed with the ... Read More »

Nigeria ready for investments in creative industry – Lai Mohammed

Minister of Information and Culture, Lai Mohammed, believes that Nigeria is ready to receive investors in the creative industry, having created the enabling environment for investments through favourable economic policies. The minister stated this in Abuja on Friday, August 25, when he received a delegation from Huaxia Movie Distribution Group, the second biggest movie distributors in China, on a courtesy visit ... Read More »

Buhari expresses happiness over state of economy

President Muhammadu Buhari on Monday said he was pleased with the progress being witnessed in all sectors of the economy. He expressed gladness that things were looking up after two years of what he called a yeoman’s job. According to a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President spoke while receiving briefings from the Minister of ... Read More »

Firm to test autonomous boxship in 2019

Japanese shipping company, Nippon Yusen Kabushiki Kaisha (NYK), intends to test an autonomous containership in the Pacific Ocean in 2019. The ship would sail from Japan to North America with a crew on standby, Hideyuki Ando, a senior general manager at Monohakobi Technology Institute, part of NYK, told Bloomberg. The boxship, the size of which has not been specified yet, would be remotely controlled. NYK ... Read More »

Edo rehabilitates fertilizer plant to complement importation

The Edo State Government and WACOT Limited will receive the Vice President, Professor Yemi Osibanjo, tomorrow, Tuesday, August 29, 2017, to commission the Edo State Fertilizer and Chemical Company Limited (ESFCCL) located in Auchi, Edo State. The Edo Fertilizer plant was rehabilitated by WACOT Limited in collaboration with Edo State Government, under the leadership of Governor Godwin Obaseki. The Vice ... Read More »

NPA gets new structure, redeploys General Managers

The Board of the Nigerian Ports Authority (NPA) has approved a new organisational structure and the commencement of a Business Process Re-engineering initiative that will create synergies to improve efficiency. The Board has also approved the redistribution of all General Managers. The far-reaching initiatives, which are aimed at making the NPA a truly professional and performance driven organisation, were approved ... Read More »

BoI, FCMB partner to support local content policy

The Bank of Industry, BoI, in partnership with the First City Monument Bank, yesterday, unveiled an 80-tonne vessel jointly financed on behalf of C&I Leasing Ltd. Kayode Pitan, Managing Director, BoI, said at the inauguration of the vessel tagged: “MV Bello’’ in Lagos, that the joint financing demonstrated their supports for deepening the country’s local content policy. Pitan, who was ... Read More »