Having proven it can react and even thrive in difficult market conditions, Private Equity (PE) continues to navigate 2014 with increased confidence. Optimism abounds regarding investment prospects, exit alternatives and follow-on capital opportunities. Private Equity consists of investors and funds [...]
Nigerians are groaning as the gas supply crisis threatens to upend the landmark privatisation of Nigeria’s electricity industry as Diezani Allison-Madueke, the Minister for Petroleum Resources fails to act. Her ministry controls gas prices by regulation; the Nigerian Gas Company, [...]
Festrust Conglomerate, a private firm, has indicated interest to establish a farm covering 100 hectares of land at Uzebba in Owan West Local Government Area of Edo State, which will provide about 15,000 employment opportunities for the people of the [...]
Emmanuel Elebute, a professor, founder and promoter of Lagoon Hospitals and Hygeia HMO, has called on the Federal Government to give healthcare project execution priority in the implementation of the proposed universal insurance health scheme, “the Federal Government as a [...]
The federal government, through the Ministry of Agriculture and Rural Development, has ordered the immediate closure of all cold rooms found stockpiling expired or unwholesome fish in the country. The directive was given by the minister, Dr Akinwumi Adesina shortly [...]
The Federal Ministry of Health on Thursday in Abuja said it has intensified surveillance to prevent the transmission of the ebola disease across the country. The ministry’s Chief Consultant Epidemiologist, Dr Akin Oyemakinde, told the News Agency of Nigeria (NAN) [...]
Teachers in the service of Lagos State government were yesterday jittery over plans by the government to conduct assessment test to determine their competence. The teachers who converged for a sensitisation programme on teachers’ competency test at the Adeyemi Bero [...]
Singer D’banj, has endorsed a campaign calling on the youths to explore the entrepreneurship option which agro-business avails them. The Kokomaster, who now refers to himself as the “Kokofarmer,” counselled that in agric business, “youths do not have to suffer [...]
Saturday, March 15, 2014 was the day in when parents, the media and other stakeholders gathered at the National Universities’ Commission (NUC) auditorium, Maitama, Abuja, to witness the presentation of gifts to the winners of the fifth edition of the [...]
Defending champions Kwara, defeated hard fighting Kaduna State by 2-0 to emerge winners of this year’s edition of the annual YSFON organized Oba Cup for U-13 boys which was concluded at the Samuel Ogbemudia Stadium, Benin City. The match which [...]
Top officials of the Nigeria Football Federation will next week storm Johannesburg, South Africa for a three-day Member Associations and Development Seminar organised by world football-governing body, FIFA. The seminar is for FA Presidents, General Secretaries and Technical Directors, and [...]
Africa’s richest man, Aliko Dangote, is deepening his investment in Nigeria’s oil and gas sector. Apart from planning the biggest petrochemical plant in the sub-Saharan Africa, the business mogul has bidded to acquire a juicy oil well operated by oil [...]
All over the world, countries are switching over from the post-arrival risk assessment to the pre-arrival risk assessment of cargoes. The developed countries of Europe and America have since adopted the pre-arrival system, but as usual, many African countries are [...]
THE United Nations Organisation for Education, Science and Culture (UNESCO) has declared that Nigeria could raise $13 billion (N2.08 trillion) more in 2015 to fund education if it increased its Tax-to-GDP ratio from its current 25.3 percent to 27.1 percent, [...]
Tales of food shortages for the delegates at the national confab continued to be an issue, yesterday. Monday, the actual first day of plenary recorded the worst day. Food was in drastic short supply. Members of the conference complained and [...]
Acting Governor of the Central Bank of Nigeria (CBN), Dr. Sarah Alade, will on Thursday, March 27, 2014, host a caucus meeting of Governors of Central Banks of sister African countries. The meeting, one of the side events of the [...]
The Maritime Workers Union of Nigeria, MWUN, has threatened to ground port operations nationwide by withdrawing its members from work should the federal government continue with its policies that are adversely affecting the maritime industry. Speaking to Vanguard in Lagos [...]
In a bid to checkmate anti-trade practices in the nation’s economy, President Goodluck Jonathan Wednesday presented two bills to the Federal Executive Council (FEC) at its weekly meeting. The bills are the Federal Competition and Consumer Protection Bill 2014 and [...]
This year’s Federation Cup competition will kick off with the state preliminaries on Saturday, 5 April, according to a release from Nigeria Football Federation, NFF’s Head of Federation Cup, Miss Ruth David. The state finals are scheduled for Sunday, 4 May [...]
Airtel Nigeria has apologised for poor services rendered to customers in Abuja and surrounding areas. The operator added that work was ongoing to fix the problem, CAJ News reported. Most subscribers in the Abuja environs had been witnessing poor service [...]
The Director General of Securities and Exchange Commission, Ms Arunma Oteh yesterday said that African Development Bank will soon raise a total of $1.5bn from the Nigerian capital market. Speaking at the first quarter Post-Centenary Capital Market Commiittee media briefing [...]
U.S. Secretary of State John Kerry will continue working with Israeli and Palestinian leaders in the coming days, as he tries push their peace talks through a set of challenges that threaten to derail process. Kerry held what the State [...]
The Chairman of the Nigerian Governors Forum (NGF) and Rivers State Governor Rotimi Amaechi yesterday identified school feeding programme such as that practised in Osun under the ‘O’ MEALS scheme as panacea to better education and full enrollment of children in schools [...]
Over 2,000 farmers are expected to benefit from the Export Development and Agriculture Investment Fund (EDAIF) to boost their production capacities for domestic market and export. Trade and Industry Minister, Hon. Haruna Iddrisu, made this known when he addressed about [...]
President Dr. Joyce Banda says she is impressed with the maximum prices of tobacco at the opening of the 2014 market season on Monday adding she hoped the trend would continue. In her keynote address marking the official opening of [...]
THE United States will build a cotton seed factory industry in Busia County to increase farmers’ output. Busia Governor Sospeter Ojaamong said the county will partner with the United States Agency for International Development to construct the factory to produce [...]
The Aquaculture Enterprise (AE) has disclosed that its main aim is to promote fish farmers in the country so that in the end they become sustainable by operating as businesses rather than subsistence activities. At present it is supporting 20 [...]
The Federal Government has moved to end the perennial clashes between Fulani herdsmen and farmers in parts of Nigeria. The government yesterday resolved that a technical committee be set up to tackle the issue after a meeting held at the [...]
A few weeks after Nigeria’s Finance Minister, Ngozi Okonjo-Iweala, announced a reversal of the government’s rice policy, the Nigeria Ports Authority, NPA, says 11 ships carrying rice will arrive in the Lagos ports between March 24 and 26. The NPA, [...]
THE National Agricultural Export Development Board (NAEB) last week announced an increase in the coffee farm-gate indicative price (the minimum price payable to farmers) from Rwf142 to Rwf200 per kilogramme. The development is timely relief for sector players because some [...]
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