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Friday 10th July 2020,
Hope for Nigeria

Olam Sets Up Multi Million Rice Mill in Nigeria

Olam Nigeria Limited, the leading Agri-business company, has build a multi-million dollar integrated rice mill within Nasarawa State, North-central Nigeria, equipped with all the capacity to generate 36,000 metric tonnes of milled rice per year. Olam’s Managing Director for Africa [...]

July 15, 2014 Business, Economy

The communities of Niger Delta threatened to shut down production of oil

Niger Delta residential areas are preparing to shut off oil production in the area to prevent an upcoming earthquake as well as other natural disasters, previous governor of Bayelsa State as well as delegate towards the ongoing national conference, Chief [...]

July 15, 2014 Economy, Health issues

Nigeria has no business as food importer, announces Jonathan

President Jonathan who spoke on Monday in the Olam Rice Mill commissioning in Rukubi Local Government Area of Nassarawa State, stated, “Nigeria’s position as the largest economy in Africa is not enough unless we attain food sufficiency target of 2015, [...]

July 15, 2014 Economy, Health issues

105,000 Metric Tonnes Integrated Rice Mill in Nasarawa, inaugurated

On Monday, President Goodluck Jonathan inaugurated Olam Nigeria’s 105,000 metric tonnes integrated rice mill in Nasarawa State. He then again revealed that his administration’s responsibility would be to continue to keep lessen the food importation bill towards the barest minimum [...]

July 15, 2014 Economy

US Father will make her daughter a princess by getting the unclaimed African Kingdom

To fulfil his promise to his 7-year-old daughter that she may become a princess, a US father set claim to the desert land in between Egypt and Sudan. A father from Virginia has gone to extreme lengths for his daughter, [...]

July 15, 2014 International

Parents of Chibok Girls Meet Jonathan, Malala Gives $200,000 to help Girls’ Schooling

More than 3 months after about 200 female students had been kidnapped by Boko Haram from their highschool in Chibok, Borno State, President Goodluck Jonathan finally meet up with some parents of the kidnapped women. Making this known in statement, [...]

July 15, 2014 Environmental issues, General

Pension Regulation Finally Turns Into Law

President Goodluck Jonathan finalized and signed the law of Pension Reform Bill On July 1st 2014. This law law that is intended to control and regulate the management of the uniform pension plan both for private and public sectors throughout [...]

July 15, 2014 Economy
Muhammed Yunus

Building Social Business by Muhammad Yunus

[videonova id=”2″] Professor Yunus has long been promoting the creation of Grameen social businesses, which he believes will address the problems still left unsolved in the world and not addressed within the present capitalist system. In simple terms, a Grameen [...]

July 14, 2014 General

Nigeria – the place where all fits in

Nigeria is located in the western coast region of the African continent. The nation is abundant in natural splendor such as, long glowing blue beaches, rivers as well as lakes, forests, spectacular views of the waterfalls and also relaxing environment. [...]

July 14, 2014 General
Arnold Ekpe

How Africans can Save Africa

[videonova id=”1″]   Arnold Ekpe has been the Group Chief Executive Officer of Ecobank Transnational, Inc., and its subsidiary, Ecobank Group since 2005. He has over 28 years of African and international banking experience having also worked in Europe, South [...]

July 14, 2014 Africa

Are you in favour of abortion in Nigeria?

Some communities prohibit abortion almost totally while some allow it in some instances. Most oppositions of abortion acknowledge that abortion with regard to the mom’s health is often legally acceptable if there’s a true risk of severe harm to the [...]

July 14, 2014 General

Working Visit – Anambra State

  Anambra State is situated in south-eastern Nigeria.There are indigenous ethnic group in Anambra state like the Igbo composed of 98% of the population and a small inhabitants of Igala composed of 2% of the population that live primarily in [...]

July 14, 2014 General, Video

Net premium of Niger Insurance rises by 18.69%

Niger Insurance Plc, the Nigeria insurer, ended a year ago remarkably as the audited financial statement exhibited gross premium income (NPI) increase by 18.69% to N9.65 billion from N8.13 billion the previous year. The growth in NPI was fuelled by [...]

July 14, 2014 Economy

3line joins FCMB to increase company banking services

The Nigeria’s premier provider of financial inclusion solutions, 3line Card Management and FCMB have teamed up to deliver agency banking services that will accommodate the demands of the unbanked as well as under-banked Nigerians, thus, increasing the Central Bank of [...]

July 14, 2014 Economy

Nigerians are leading property buyers throughout South Africa

Nigerians were listed among the leading foreign buyers of properties all over South Africa, having specific target on developing places rather than highbrow regions of Cape Town, Pretoria,  Durban and also Johannesburg. For instance, Nigerians and other foreign buyers purchased about [...]

July 14, 2014 Economy, Real Estate

Afrik Pharma taps in Nigeria’s intravenous gap

The indigenous producer of intravenous solutions, Afrik Pharmaceuticals plc, has stated investors are rallying sources to make sure company will take the lead within the production of intravenous medicines in the nation. With an installed capacity of 396,000 litres annually, [...]

July 14, 2014 Business, Economy, Health issues

Kamela Okara targets $1bn investments from investors’ forum

Bayelsa State commissioner for trade and investment, Kamela Okara, on the interview along with JOHN OMACHONU, deputy editor, claims within the upcoming forum, beginning Wednesday, more than $1 billion investment is anticipated as the results of the next week’s investment [...]

July 14, 2014 Economy

Bank of Industry Aims Bonds to Finance Industrialisation Plan

The Bank of Industry (BoI) stated in Lagos on Sunday that it immediately requires “brand new and substantial” financing to produce significant influence in the National Industrial Revolution Plan (NIRP) of the Federal Government within the next two years. Speaking [...]

July 14, 2014 Economy

South Africa thinks gas to generate power

The state-owned power generating company Eskom in South Africa is thinking about to produce electricity out of gas upon its open-cycle gas turbines (OCGT) rather than diesel to lower costs, APA confirms on Sunday. The acting chief executive officer Collin [...]

July 14, 2014 Economy, Oil & Gas

Zambian capital to launch pre-paid water payment

The installation of 15,000 pre-paid water meters across the Zambian capital has completed by the Lusaka Water and Sewerage Company (LWSC). It moves to further improve revenue collection, the official mentioned Sunday. The spokesperson of LWSC named Topsy Sikalinda stated [...]

July 14, 2014 Economy

Nigeria to produce 40b crude oil barrels

Nigeria is trying to build up 40 billion crude oil barrels for reservation and generate four million barrels each day, the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Andrew Yakubu, stated on Sunday, “At the on-going media [...]

July 14, 2014 Economy, Oil & Gas

Nigerian Stock Exchange re-launch website

On Monday the Nigerian Stock Exchange (NSE) will upgrade as well as re-launch its website (www.nse.com.ng) according to the Sunday statement of the NSE in Lagos noted by using a lot more modern design, the newest website comes with a [...]

July 14, 2014 Business, Technology

FG Look for More Nigerian Investment in Power

Yesterday, the federal government called on many Nigerians to put money into the energy industry to deal with the long term electricity issues in the country. Speaking during the ground breaking ceremony of 90mega watts power plant in Magboro, Ogun [...]

July 12, 2014 Economy, Power

NNPC to talk to Senate about Revenue Remittance Order

The Nigerian National Petroleum Corporation (NNPC), Group Managing Director, Mr. Andrew Yakubu has stated the NNPC continuously to consult with related committees of the National Assembly till issues associated with its alleged indebtedness towards the Federation Account had been finally [...]

July 12, 2014 Economy, Oil & Gas

Nigeria Arise Awards will hold in London, August 30

Nigeria Arise Initiative, in colaboration with BEN Television, (United Kingdom), is once more placing details together to acknowledge and commemorate Nigerians in Diaspora as well as from Nigeria in this Centenary year of the nation. Nigeria Arise Awards was launched [...]

July 12, 2014 General, Geography

Nigeria receives Norwegian $15m give for mother, child medical care

Norwegian government has given Nigeria a funding of $15 million in order to improve its maternal as well as child health programme. A Memorandum of Understanding (MoU) of the project to be implemented by Clinton Health Foundation was signed on [...]

July 12, 2014 Economy, Health issues

IDC calls telecom operators to further improve services

The International Data Corporation has contacted operators as well as government agencies to deal with the undesirable amount of services quality afflicting the telecoms market. The IDC, Saturday learnt on Thursday, took this step after weighing up the Nigeria Communication Commission’s latest [...]

July 12, 2014 Economy, Technology, Telecomms

Lafarge Africa to generate 12MT of cement yearly

The new Lafarge Africa, comprising Lafarge Cement WAPCO Plc and also Lafarge South Africa Holdings, may have a manufacturing capacity of 12 million metric tonnes of cement if it will become operational, the company has stated. The company said at [...]

July 12, 2014 Business, Economy

Customs closed Lagos airport cargo terminal

Customs agents as well as freight forwarders upon Friday close down the freight terminal of the Murtala Muhammed International Airport, Lagos, on alleged arbitrary violations by international airlines. This came a few days after the Customs agents and freight forwarders [...]

July 12, 2014 Economy

Very poor storage leading to increase in food prices

The Nigerian Institute of Social and Economic Research, Ibadan, has brought up the alarm on the growing food costs, accusing decrease of 40 % of the nation’s overall food production on farmers’ insufficient storage facility. At the institute’s monthly seminar [...]

July 12, 2014 Economy