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Sunday 22nd July 2018,
Hope for Nigeria

Emefiele: GDP Rebasing to Support Nigeria’s Vision 20:2020

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said the recent rebasing of the country’s gross domestic product (GDP) will support its quest to be among the top 20 nations by 2020. According to Emefiele, the exercise [...]

June 19, 2014 Business, Economy

How To Start A Gym Business in Nigeria

There are many in Nigeria who go to the gym everyday to workout and keep physically fit. This rising trend has many advantages, particularly when you think about the concept of starting a fitness and health business. Nigerians are aware [...]

June 18, 2014 Business

Heritage Bank Unveils Agric Scheme for Youths

Heritage Bank Limited said it has launched an initiative aimed at making Nigerian youths to embrace agriculture. The bank in a statement noted that the agricultural sector is crucial to economic growth. According to Heritage Bank, it had gone into [...]

June 18, 2014 Economy

CBN begins process of blacklisting bad bank borrowers

The Central Bank of Nigeria (CBN) is again in the process of blacklisting bad bank borrowers, making good the governor, Godwin Emefiele’s determination to go hard on habitual bank debtors and making it difficult for them to access credit anywhere [...]

June 18, 2014 Business

Stakeholders List Ways to Attract Retail Investors to Stock Market

Stakeholders have said the resolution of past cases, intensive education and enlightenment are some of the factors that will encourage retail investors to return to the Nigerian stock market. Since the 2008 market downturn,which led to losses by many investors, [...]

June 18, 2014 Business

Nigeria Records Improvement in Social Progress Index

Nigeria improved its ranking on the Social Progress Index 2014, a report by the National Competitiveness Council of Nigeria (NCCN) showed yesterday. This was as a result of regulatory reforms and increased competitiveness as a means to better livelihoods for [...]

June 18, 2014 Economy

Ogun Completes Two New Bridges

The two flyover bridges being constructed by Ogun State Government at Itoku and Sapon in Abeokuta have been completed. The Commissioner for Works and Infrastructure, Mr. Olamilekan Adegbite, who disclosed this in Abeokuta, also said the two bridges would be [...]

June 18, 2014 Economy

Nigeria Goes Cashless Come July 1

When the Central Bank of Nigeria (CBN) initiated the cashless policy, many had their doubts about its success. However, the success of the pilot stage, which kicked off in Lagos and spread to six other states, has made it imperative [...]

June 18, 2014 Economy

MTN Renovates 6 Block of Classrooms In Lagos

As part of its contribution to improve the education sector in Lagos State, MTN Yellow Care has renovated six blocks of classrooms in Basiru Dania Primary school, Mafoluku, Oshodi. Speaking on the project on Tuesday, MTN human resources executive, Mrs. [...]

June 18, 2014 Education

51 Fed, State Polys Get N12.4bn Presidential Intervention Fund

In its bid to create youth employment and ensure sustainable development, the federal government has restated its commitment to the pursuit and promotion of Technical and Vocational Education and Training (TVET) in Nigeria with the release of N12.4billion to 51 [...]

June 18, 2014 Economy

5,000 Youths To Be Employed As Maintenance Officers – Agwai

The chairman of Subsidy Reinvestment and Empowerment   Programme (SURE –P), General Martins Agwai yesterday disclosed that no fewer than 5,075 youths will undergo training in highway maintenance and will at the end of their training be absorbed as maintenance officers [...]

June 18, 2014 Economy

Safe Schools – Jonathan Orders Opening of N1.6 Billion Trust Fund

President Goodluck Jonathan has ordered Finance Minister Ngozi Okonjo-Iweala to open N1.6 billion trust fund for the Safe Schools Initiative. The initiative, launched in Abuja on May 7 at World Economic Forum, was aimed at protecting hundreds of schools in [...]

June 18, 2014 Economy

Kaduna farmers get 60% subsidy on fertiliser

Farmers in Kaduna State are to enjoy 60 per cent subsidy on prices of assorted fertiliser procured by the state government for distribution in preparation for this year’s  farming season. Speaking on Monday at the inauguration ceremony for distribution of [...]

June 17, 2014 Economy

ESTABLISHMENT OF INSTANT NOODLES PRODUCING PLANT

The meal of instant noodles was scarcely popular in Nigeria until a few years back when it was introduced. By then the 70gm pack sold for just N2.50 but now it retails for between N50 and N100. It is a [...]

June 17, 2014 Health issues

E-COMMERCE GETS BOOST AS PAYPAL EXPANDS PAYMENT SERVICES TO NIGERIA

Business for online shopping websites in Nigeria such as Jumia and Konga as well as banks, is set to get a major boost with the decision by PayPal, an international e-commerce payment and money transfer platform, to enter 10 new [...]

June 17, 2014 Business, Economy

World Bank Commits U.S.$564.5 Million to Nigeria’s Road Infrastructure

In an attempt to improve the nation's ailing roads infrastructure, the World Bank said that it has committed a total of $564.5million to the country's road infrastructure projects. The bank did not state the period during which the investment was [...]

June 17, 2014 Economy

National Conference Recommends State Of Emergency In Power Sector

The National Conference has recommended that President Goodluck Jonathan should declare a state of emergency in the power sector. The recommendation was made on Monday, while adopting the report of the conference committee on Energy. The conference equally recommended that the [...]

June 17, 2014 Economy, Power

Gov Yero promises Kaduna farmers subsidy on farm inputs

Governor Mukthar Ramalan Yero of Kaduna state has promised that farmers in the state will enjoy subsidy on farm input under the State Agriculture Support Scheme and the Growth Enhancement Programme (GES) of the Federal Government. The governor who spoke [...]

June 17, 2014 Economy

Kaduna Refinery to empower 150 youths

The Kaduna Refining and Petrochemical Company (KRPC), a subsidiary of NNPC has commenced the training of about 150 youths drawn from the host communities under the sixth edition of the Youth Empowerment and Skill Acquisition Programme (YESAP). Speaking at the [...]

June 17, 2014 Economy, Power

We will flood Nigerian market with quality cement- Dangote

Dangote Cement has assured that it will increase its production of cement significantly as a result of its enhanced capacity and ensure that the supply of cement will surpass its demand in the country. The Group Managing Director and Chief [...]

June 17, 2014 Business, Economy

American consortium to boost power generation in Nigeria with 400MW

An American consortium- Team Africa is sets to generate 400Mega Watts (MW) in the next 14 months, from its electricity investment plans for Nigeria. This was revealed during a visit to the Ministry of Power, Abuja. AThe leader of the American [...]

June 17, 2014 Economy, International

Great Pilgrimage in Nigeria

The Osogbo town is thought to have been founded about 400 years ago. It's part of the wider Yoruba community is split into 16 kingdoms, which story says were ruled by the children of Oduduwa, the mythological founder, whose residence [...]

June 16, 2014 General

The Most Expensive Beach in Lagos, Nigeria

Oniru beach is said to become the most costly beaches in the city of Lagos. One may may not compare to the sun and also to the sand of a few of the world's best beaches – but features a [...]

June 16, 2014 General

Planning to return to Nigeria today if you are now living in America

For some, going back to their native land can bring peace of mind. But for others, they prefer to stay where they are right now. However, there are still many Nigerians today living in America and want to go back [...]

June 16, 2014 General

Nigerian’s Point of View Regarding Child Adoption

What do you think about child adoption in Nigeria? Some parents want to adopt a child but some are not. Let's find out their opinion. In Nigeria, child adoption could possibly be effected either under governmental law or perhaps customary [...]

June 16, 2014 General

CBN Maintains Highest Level in Information Security Standard Compliance

The Central Bank of Nigeria (CBN) has maintained the highest level in information Security Standard (ISO 27001) compliance since being certified in July, 2013. This was disclosed by the Surveillance Auditor of the British Standards Institute (BSI), Vikas Mulkutkar during [...]

June 16, 2014 Economy, General

Telcos target fresh business opportunities in agric, power sectors

Major telecommunications companies in Nigeria, Africa’s largest economy by GDP, are planning to make an incursion into the agricultural and power sectors in search of fresh business opportunities, industry insiders have said. This is as the companies look to offset [...]

June 16, 2014 Economy

Nigeria Has Highest Number of Children Out of School

Nigeria has the largest number of children globally who miss school as increased insecurity in the north shuts down centers and prevents access, according to the United Nations. Out of 10.5 million children who aren’t attending school in the nation, 60 percent [...]

June 16, 2014 Education

FAAN Increases Revenue by 17% through System Automation

The recent automation carried out on the revenue sources of the Federal Airports Authority of Nigeria (FAAN) has boosted its revenue by 21 per cent. In 2011 the agency earned about N24 billion but by the end of last year [...]

June 16, 2014 Economy, Technology

PPPRA Pledges Prompt Processing of PMs Import Allocations

Mindful of the fuel shortage crisis that almost crippled the economy earlier this year, the Petroleum Products Pricing Regulatory Agency (PPPRA), at the weekend, assured of prompt processing of documents for all imported products duly brought into the country. The [...]

June 16, 2014 Economy
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