Sunday 25th August 2019,
Hope for Nigeria

Browsing the "Economy" Category

Buhari

Confusion over Buhari’s stance on food imports, CBN’s autonomy

• Nation short on rice, sugar, maize, wheat, others, say experts• Policy anti-people, ill-timed, PDP declares• Manufacturers, OPS urge caution, want codes for items• ‘Why the presidency might be compromising apex bank’ There is confusion over the state of food [...]

August 16, 2019 Business
Abuja-Kaduna Gridlock

Abuja-Kaduna Gridlock: Thousands of travellers spend the night on road

Abuja-Kaduna Gridlock: Despite the reopening of the Kaduna-Abuja road, as announced by the Kaduna State Government, thousands of road users passed the night on the road as the gridlock persisted. The Kaduna-Abuja road was blocked by angry tanker drivers in the [...]

August 10, 2019 Transportation
Labourer Won A Saloon Car From Dangote

Labourer Won A Saloon Car From Dangote (Photo)

Labourer Won A Saloon Car From Dangote A labourer at a block moulding industry in Lagos, Mujahid Shiabu, was recently announced as the winner of a Dangote Cement consumer promotion tagged, Dangote Bag of Goodies promo. The management of Dangote [...]

August 9, 2019 Business
9-Year-Old Nigerian Programmer

Meet 9-Year-Old Nigerian Programmer Who Has Built More Than 30 Games

Meet 9-Year-Old Nigerian Programmer Who Has Built More Than 30 Games Lagos, Nigeria(CNN) Seated in a stylish living room of a home in a suburb of Nigeria’s commercial center, Lagos, Basil Okpara Jr. is tapping away on his laptop keyboard. [...]

August 7, 2019 Technology
World Class Oshodi Bus Terminal

The World Class Oshodi Bus Terminal Built By Ambode Is Now Open (photos)

World Class Oshodi Bus Terminal: The Oshodi Transport Interchange, with three terminals, is now open to Lagos residents who want to commute from Oshodi to TBS, Obalende and Berger. The Terminal was built under the administration of Gov. Ambode, Immediate [...]

August 2, 2019 Transportation
First Man That Owned A Private Jet In Kano

The First Man That Owned A Private Jet In Kano (Photos)

The First Man That Owned A Private Jet In Kano According to a post by Jafaar, a journalist based in Kano State, he gave an in-depth into the man who owes the first private jet in Kano State. According to [...]

July 31, 2019 Telecomms
World's Largest Atmospheric Tower For Dangote Refinery

World’s Largest Atmospheric Tower For Dangote Refinery Sets Sail From China

World’s Largest Atmospheric Tower For Dangote Refinery A piece of equipment that will process crude oil for Nigeria’s Dangote refinery set sail on Monday from China, oil company Sinopec said in a tweet. The 650,000 barrel per day (bpd) refinery [...]

July 30, 2019 Business, General
Uber Officially Launches In Benin City

Uber Officially Launches In Benin City

Uber Officially Launches In Benin City The opening of the Greenlight Hub came on the back of Uber officially launching operations in Benin, the capital city of Edo State. The Uber network is now available in over 600 cities in [...]

July 28, 2019 Transportation
Export Trade In Nigeria

Lack Of Capacity Building Hinders Export Trade In Nigeria, Say Experts

Experts have identified capacity building as the way forward to tackle challenges militating against export trade in Nigeria. They argued that lack of capacity building on the part of exporters, lack of adequate knowledge of the business, banks inability to [...]

July 27, 2019 Economy
poverty level still high in Nigeria – Oshiomhole

Despite economic growth, poverty level still high in Nigeria – Oshiomhole

There is still high rate of poverty level still high in Nigeria despite government’s effort in pulling the country out of recession, the national chairman of the All Progressives Congress (APC), Adam Oshiomhole, has said. Mr Oshiomhole said this at [...]

July 25, 2019 Economy
FRSC

No going back on number plates/licence enforcement – FRSC

There is no going back on the enforcement of motorcycle and tricycle plates, Zonal Commanding Officer of the Federal Road Safety Corps (FRSC) in charge of Sokoto. Kebbi and Zamfara states, Assistant Corp Marshal Kayode Olagunju, has said. He was [...]

July 21, 2019 Transportation
Birth Certificates To Cows

Uganda To Issue Birth Certificates To Cows – Foreign Affairs

Uganda’s Minister for Agriculture, Animal Industry and Fisheries, Mr Vincent Ssempijja, has announced the decision of the government on issuance of birth certificates to cows and registering of farmers, Hope for Nigeria Online reports. According to reports, Ssempijja, while speaking [...]

July 19, 2019 Agriculture
NNPC To Supply 10% Of India’s Crude Demand

NNPC To Supply 10% Of India’s Crude Demand

The Nigerian National Petroleum Corporation (NNPC) on Thursday expressed its readiness to maintain the supply of 10 per cent of India’s crude oil demand in the face of competing demand for the product from other countries. The Group Managing Director [...]

July 19, 2019 Oil & Gas
New National Minimum Wage

New National Minimum Wage: Labour tells workers to prepare for strike

The organised Labour has directed its members in all the 36 states and Abuja to get ready for a total showdown with government should the negotiation on the adjustment from the new national minimum wage break down. On its part, [...]

July 17, 2019 Economy
Telecom Mast

Man Cries Out After A Telecom Mast Smashed His Benz & 3 Others In Abuja

A man has cried out for help after a telecom mast destroyed his car and 3 others during a heavy downpour in Abuja. The incident which took place since June, is still causing unrest in the area after the Police [...]

July 17, 2019 Transportation
Bulk Of Africa’s $90 Billion

Nigeria Accounts For Bulk Of Africa’s $90 Billion Stashed Assets

The Independent Corrupt Practices and other Related Offences Commission (ICPC) has said Nigeria accounts for the bulk of Africa’s $90 billion assets stashed abroad yearly. It regretted that the continent never received the same amount in aid from development partners [...]

July 15, 2019 Economy
Ogun To Set Up Cattle Ranch Soon - Governor Abiodun

Ogun To Set Up Cattle Ranch Soon – Governor Abiodun

Ogun To Set Up Cattle Ranch Ogun State Governor Dapo Abiodun has unveiled plans to establish a world class cattle ranch through the Public Private Partnership arrangement. Abiodun said his administration considered the opportunity the agricultural sector brings to the [...]

July 13, 2019 Agriculture
N-Power

FG Not Owing N-Power Beneficiaries – Presidency

The Presidency has declared that since the take off of N-Power, one of the social investment programme of the federal government in December 2016, that none of the beneficiaries has been owed. It also disclosed that so far the sum [...]

July 13, 2019 Power
NNPC

Disregard Rumour Of Impending Hike In Petrol Price – NNPC

The Nigerian National Petroleum Corporation (NNPC) on Thursday advised motorists and other petroleum product consumers to disregard the trending rumour of a planned hike price of Premium Motor Spirit, popularly known as petrol. It explained that the statement of the [...]

July 12, 2019 Oil & Gas
Mr. Gboyega Oyetola, on Monday in Osogbo said he would pay all the salary arrears owed workers by the immediate past administration of Governor Rauf Aregbesola

Workers To Get Arrears Of Unpaid Salaries Owed By Aregbesola’s Govt ― Oyetola

Osun State governor, Mr. Gboyega Oyetola, on Monday in Osogbo said he would pay all the salary arrears owed workers by the immediate past administration of Governor Rauf Aregbesola, Igbere TV reports. He made this disclosure when civil servants hosted [...]

July 9, 2019 Employment
Four Refineries To Work By 2023, Says NNPC Boss

Four Refineries To Work By 2023, Says NNPC Boss

With a promise to reactivate all four refineries before the expiration of President Muhammadu Buhari’s administration in 2023, Mele Kyari yesterday took the baton from Dr. Makanti Baru as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation [...]

July 9, 2019 Oil & Gas
1st Black African Set To Travel To Space

1st Black African Set To Travel To Space, Dies In Bike Accident

Mandla Maseko who is schedule to travel on a sub-orbital trip that could have seen him become the 1st black African to travel in space has been killed in a motorcycle accident. Maseko, popularly known as Spaceboy and Afronaut, was [...]

July 8, 2019 Transportation
Eko Atlantic

Eko Atlantic: A Look Nigeria’s Most Expensive Place To Live

Eko Atlantic: This is the Lagos Atlantic City, a proposed city by the Lagos State Government. Imagine a city where everything works which includes the drainage, power and a serene environment, then this city might likely be a place to [...]

July 7, 2019 Real Estate
Nigeria's Largest Rice Mill

Governor Sanwo Olu Inspects Nigeria’s Largest Rice Mill

Lagos State Governor Babajide Sanwo-Olu on Thursday defied the downpour to inspect Nigeria’s largest Rice Mill and Industrial Park project being developed by the state government at Imota in Ikorodu Division of the state. The inspection tour of the project [...]

July 5, 2019 Agriculture
Anambra Plans Demolition Of Over 100 Homes

Anambra Plans Demolition Of Over 100 Homes

Anambra Plans Demolition Of Over 100 Homes If what is brewing on rumour mill is anything to go by, over 100 homes will be affected in the plans by Anambra State to rid the capital city of shanties that dot [...]

July 5, 2019 Real Estate
House Prices To Fall By 30% In Nigeria

House Prices To Fall By 30% In Nigeria

House Prices To Fall By 30% In Nigeria House prices could fall by as much as 30 per cent over the next four years, it has been predicted. That could wipe out all the increases brought by the buying boom [...]

July 5, 2019 Economy
25 Lagos Driving Rules Will Help You

First Time Driving In Lagos? These 25 Lagos Driving Rules Will Help You

25 Lagos Driving Rules Will Help You Lagos, the center of aquatic splendor is full of its bubbles, opportunities, and vibes, it’s a city its residents refer to as a city that never sleeps. Lagos, being a developing megacity has [...]

July 4, 2019 Transportation
Maritime Workers Begin Strike

Maritime Workers Begin Strike: Apapa Port, Others Shut

Maritime Workers Begin Strike: Maritime workers under the aegis of the Maritine Workers Union of Nigeria (MWUN) on Wednesday made good their threat of protesting over their unpaid entitlements by the International Oil Companies (IOC) by grounding port operations. As [...]

July 3, 2019 Business
Foreign Investments Into Nigeria Rise By 34% In Q1’19

Foreign Investments Into Nigeria Rise By 34% In Q1’19

The value of total foreign investments into Nigeria rose by 34.6 percent year-on-year to $8.5 billion in the first quarter of 2019 (Q1’19). This is contained in the National Bureau of Statistics (NBS) Capital Importation report for Q1’19 released yesterday. [...]

July 3, 2019 Economy
MVAA

MVAA: Lagos State Govt Calls For Collection Of Unclaimed Drivers’ Licence

The Lagos State Motor Vehicle Administration Agency (MVAA) has called on members of the public who had applied for drivers’ licences but are yet to collect same to visit stations where they applied and processed their documents for collection. A [...]

June 30, 2019 Transportation