Wednesday 24th April 2019,
Hope for Nigeria

Browsing the "Economy" Category

mini excavator

12-Year-Old Boy Builds Mini Excavator All By Himself (Photos)

Nigerians have got some raw talent out there, check out this talent of a Brilliant 12years old boy who singlehandedly builds a fully functional mini excavator all alone by himself. This is really pure talent that needs to be developed [...]

April 22, 2019 Technology
lagos at night

Lagos Airport Road Glitters At Night, Now Has 10 Lanes, Lagosians Hail Ambode

Beautiful! See How The Murtala Muhammed International Airport Road Glitters At Night As Lagosians Hails Ambode!! Lagosians have hailed the outgoing Lagos Governor, Akinwunmi Ambode for giving the Lagos airport road a new face. The Murtala Muhammed International Airport Road [...]

April 22, 2019 Power
Repair Of Potholes Across The State

Lagos State Govt Begins Immediate Repair Of Potholes Across The State

The Lagos State Government has begun immediate repairs of potholes across the State, with over 87 major roads enlisted for intervention. Special Adviser, Lagos State Public Works Corporation and Drainage, Engr. Temidayo Erinle, in a statement on Friday, said the [...]

April 21, 2019 Transportation

Landmark University Builds Silos As It Expands Rice Production (photos)

Landmark university, Africa's first agrarian private university has stated her desire to expand investment Portfolio in agriculture by increasing its production of rice, investment in Hydroponics(soilless agriculture )etc. The university recently constructed inert atmospheric silos as the need arises to [...]

April 21, 2019 Agriculture
Enugu Govt Approves Recruitment Of Additional 1,500 Teachers

Enugu Govt Approves Recruitment Of Additional 1,500 Teachers

The administration of Governor Ifeanyi Ugwuanyi of Enugu State has approved and directed the Enugu State Universal Basic Education Board (ENSUBEB) to recruit additional 1,500 primary school teachers to enhance basic education in the state. The administration also approved the [...]

April 20, 2019 Employment
Simon Lalong of Plateau State, yesterday, said he was desirous to rebuild burnt Jos market to generate enough revenue to pay the new N30,000 minimum wage.

I want to rebuild Jos market to generate money for new wage — Lalong

GOVERNOR Simon Lalong of Plateau State, yesterday, said he was desirous to rebuild burnt Jos market to generate enough revenue to pay the new N30,000 minimum wage. Lalong also said the report that his administration budgeted N1.1 billion to demolish [...]

April 20, 2019 Business
Army's Bridge Construction Promise Will Unite Kuta, Ede Communities

Army’s Bridge Construction Promise Will Unite Kuta, Ede Communities

Aside the economic prosperity that the completion of the age-long bridge that bounded Ede and Kuta communities in Osun state would midwife, this territorial connection would deepen the unity that has existed between the indigenes of these communities, Amiloaded has [...]

April 20, 2019 Economy
China to take over Kenya’s main port over unpaid huge Chinese Loan

China to take over Kenya’s main port over unpaid huge Chinese Loan

Kenyan government risks losing the lucrative Mombasa port to China should the country fail to repay huge loans advanced by Chinese lenders. In November, African Stand reported on how Kenya is at high risk of Losing strategic assets over huge Chinese debt and just [...]

April 20, 2019 Economy
NCC Uncovers Eight Million Forceful Subscriptions To Telecoms Services

NCC Uncovers Eight Million Forceful Subscriptions To Telecoms Services

The Nigerian Communications Commission, NCC has uncovered eight million forceful subscriptions to telecoms services, and this was revealed in  full audit carried out on 45 VAS providers that had over 65 per cent forceful subscriptions. NCC who is Nigeria's telecoms [...]

April 18, 2019 Telecomms
91,000 Apply For Customs Jobs Within 24 Hours

91,000 Apply For Customs Jobs Within 24 Hours

The portal of the Nigeria Customs Service opened yesterday for the recruitment of 3,200 officers, however it has been gathered that 91,000 applied for Customs jobs within 24 hours. One of the officers in charge of the recruitment portal at [...]

April 18, 2019 Employment
petrol

Petrol Landing Cost Now N180 Per Litre, Says Kachikwu

The landing cost of Premium Motor Spirit, also known as petrol, is N35 higher than the pump price of N145 per litre, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said on Tuesday. Kachikwu said the rise in [...]

April 17, 2019 Oil & Gas
Dangote Salt Rewards Truck Drivers For Accident-free 2018

Dangote Salt Rewards Truck Drivers For Accident-free 2018

NASCON Allied Industries, a subsidiary of Dangote Group, said it would continue to honour its workers just as it rewarded its truck drivers for meeting product delivery target and driving accident-free in 2018. The Executive Director, Commercial, Hajiya Fatima Aliko [...]

April 17, 2019 Business
scarcity of Premium Motor Spirit

Fuel Scarcity Hits Ekiti

The scarcity of Premium Motor Spirit commonly known as petrol bit harder in Ekiti State yesterday as most filling stations in the state were closed. The few stations, mostly those of Nigerian National Petroleum Corporation and major marketers, which opened [...]

April 14, 2019 Oil & Gas
petrol

Nigeria has Enough Fuel, Says Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Sunday assured Nigerians that there is sufficient Premium Motor Spirit (PMS), also known as fuel in the country. Kachikwu, in an Interview with the News Agency of Nigeria (NAN) [...]

April 14, 2019 Oil & Gas
Bugatti Veyron

The Time It Would Take Dangote To Pay Off His ₦792m Bugatti Veyron

Bugatti Veyron: Nigerian business magnate and investor, Aliko Dangote , is 62 years old today. As of March 2019, the richest man in Africa and 100th in the world, had an estimated net worth of US$10.6 billion. He has retained [...]

April 13, 2019 Business
IMF

IMF Should Provide Alternatives To Nigeria If Loans From China Is Bad

CHAIRMAN of Heir Holdings, Tony Elumelu on Friday told the International Monetary Fund (IMF) and other development party to provide alternatives to Nigeria if collecting loans from China was injuries to the nation’s economy. Elumelu also said that his Foundation [...]

April 13, 2019 Economy
Construction Of Katsina Refinery

Nigeria, Niger Urged To Fast Track Construction Of Katsina Refinery

Nigeria and Niger Republic have been urged to fast track the construction of the Katsina Refinery to improve economic relations between the two nations. In an interview with Voice of Nigeria, the Governor of Katsina State, Aminu Masari said that [...]

April 13, 2019 Oil & Gas
Marketers Ration Petrol, Lock Gates Against Motorists In Lagos, Ogun

Marketers Ration Petrol, Lock Gates Against Motorists In Lagos, Ogun

Some marketers of Premium Motor Spirit (PMS), also known as petrol, in parts of Lagos and Ogun states yesterday began to ration the product for motorists as high landing cost takes toll on their businesses. New Telegraph had reported that [...]

April 12, 2019 Transportation
A young promising Nigerian whose name is Nicholas Kajoh (@nicholaskajo on Twitter) worked on video-based vehicle counting system as his final year project.

See Video-Based Vehicle Counting System Built By A Young Nigerian As His Project

A young promising Nigerian whose name is Nicholas Kajoh (@nicholaskajo on Twitter) worked on video-based vehicle counting system as his final year project. He was able to actualize the video-based vehicle counting system using Python programming language. Young Nicholas’ bio [...]

April 11, 2019 Technology
Dangote

Aliko Dangote Celebrates His 62nd Birthday Today

Aliko Dangote GCON (born 10 April 1957) is a Nigerian business magnate, investor, and owner of the Dangote Group, which has interests in commodities in Nigeria and other African countries. As of March 2019, he had an estimated net worth [...]

April 10, 2019 Business
Dangote Refinery

Dangote Refinery Will Transform Nigeria’s Economy

Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has said his refinery, one of the world largest, when completed, will transform Nigeria’s economy. He stated this at the weekend at Dangote Group Special Day at the 40th [...]

April 8, 2019 Business
RMAFC To Probe 22 Banks Over Stamp Duty Collections

RMAFC To Probe 22 Banks Over Stamp Duty Collections

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says it is set to probe 22 commercial banks over stamp duty collections. In a statement issued by the commission’s spokesman, Mr Ibrahim Mohammed, in Abuja on Sunday, RMAFC said that the [...]

April 8, 2019 Economy
Concerns As 211 Nigerian Oil Blocks Remain Idle

Concerns As 211 Nigerian Oil Blocks Remain Idle

More than 50 per cent of Nigerian oil and gas blocks remain untapped even as crude oil production continues to hover around two million barrels per day while gas shortages persist in the country over the years, ’FEMI ASU reports [...]

April 8, 2019 Oil & Gas

Woman Saves One Million Naira In Piggy Bank

An unknown woman has saved whopping sum of one million and thirty thousand naira from her piggy bank. According to a twitter user, the woman started saving since February 2018 till 2019 and the amount saved daily was 3k. Reactions [...]

April 8, 2019 Economy
Google Adsense

How To Get Your Google Adsense Approved – Webmasters

Google Adsense is a simple advertisement program which enables web developers, bloggers or advertisers display ads on their web pages. A lot of users have issues getting their Google adsense approved because the process is somewhat tricky. This is an [...]

April 7, 2019 Business
Aliko Dangote

Aliko Dangote: I Withdrew $10m Just To Look At It

Aliko Dangote, Africa's richest man who spoke at Mo Ibrahim governance weekend ongoing in Abidjan, disclosed that he once withdrew $10m just to look at it.The Billionaire who disclosed that he knew he was rich on paper but had to [...]

April 7, 2019 Business
NERC

NERC To Begin Mass Metering On May 1

NERC to begin mass metering on May 1 The Nigerian Electricity Regulatory Commission will begin mass metering for electricity consumers by May 1, to bridge the metering gaps in the country. Dr Usman Arabi, NERC General Manager Public Affairs in [...]

April 7, 2019 Power
Khalid Al-Falih met with President Muhammadu Buhari On Oil Price

Khalid Al-Falih met with President Muhammadu Buhari On Oil Price Stability

Saudi Energy Minister Khalid Al-Falih met with President Muhammadu Buhari and discussed cooperation between the two OPEC member countries in the energy sector, the minister said in a tweet on Saturday. Al-Falih said that he met with Buhari on the [...]

April 7, 2019 Oil & Gas
CBN

CBN, Banks To Disburse N200bn Single-digit Loans To Creative Industry, Others

The Central Bank of Nigeria (CBN) and banks, under the aegis of the Bankers’ Committee, Thursday said they have resolved to commence the disbursement of single-digit loans to the creative industry, some targeted cash crops, as well as to intensify [...]

April 5, 2019 Economy
The Maize Farmers Association of Nigeria says production of the commodity increased from eight million tonnes to 20 million tonnes

Nigerian Maize Production Increases More Than Twofold Between 2015 And 2018

The Maize Farmers Association of Nigeria says production of the commodity increased from eight million tonnes to 20 million tonnes in Nigeria between 2015 and 2018. The president of the association, Bello Abubakar, said this at the Nigeria Maize Conference [...]

April 5, 2019 Agriculture