The Lagos State government has said it is committed to the relocation of Computer Village from Ikeja and denied approving the construction of an ICT Mall in its place. In a statement on Tuesday, the Commissioner for Physical Planning and Urban Development, Mr Wasiu Anifowose said the government was not involved with Master Plan Reality […]
Gov. Abdulfatah Ahmed of Kwara on Tuesday said his government would soon establish an export processing zone in the state. Ahmed made this known on Tuesday in Ilorin while receiving management of the Bank of Industry (BOI) led by its Managing Director and Chief Executive Officer, Mr Olukayode Pitan. According to him, the processing zone […]
The Canadian High Commissioner in Nigeria, Mr Christopher Thornley, said that the empowerment of women was key for any country to achieve poverty reduction and economic growth. Thornley made the statement in Abuja on Tuesday at the National Women Business Summit organised by the Association of Nigerian Women Business Network (ANWEN). He spoke on the […]
Toshiba Corp shares jumped by nearly a fifth on Tuesday after a U.S. hedge fund said it had added a stake and the Japanese conglomerate avoided an immediate court injunction on a planned $18 billion sale of its chip business. Toshiba is scrambling to complete the sale of its chip unit to help cover billions […]
The president of the Spanish Football Federation Angel María Villar Llona has been arrested over suspicion of embezzlement of funds. Liona was arrested along with his son Gorkaas part of an investigation into corrupt activities, El Pais and Efe news agency reported. They were arrested early Tuesday during a series of raids Liona became president […]
The National Agency for Food, Drug Administration and Control (NAFDAC), Abia office, says it has arrested four men in Aba for allegedly revalidating beverages. Mr Olisa Okeke, the Abia Coordinator of NAFDAC, made this known on Tuesday in Abuja in an interview with the News Agency of Nigeria (NAN). He said that the arrested men […]
BIC 1 shaver, a leading shaving brand in Nigeria has concluded plans to kick-start a coupon based promotion aimed at rewarding its consumers for their loyalty and patronage over the years. The pan Nigeria consumer promo which will also induce trial by new users will offer prospective and existing consumers the opportunity to buy a […]
Telecommunications regulatory authority (NCC), is yet to be communicated on Etisalat brand name change. NCC, yesterday, said it was not aware of the change of name by Etisalat because the telco had yet to officially inform the regulator about it. “We have not received any official communication from Etisalat on change of name. We take […]
The Nigerian economy is gradually coming out of recession, with the annual inflation falling in June for the fifth straight month, the National Bureau of Statistics (NBS) said Monday. The bureau said inflation, measured by the Consumer Price Index (CPI), fell to 16.10 per cent, lower than 16.25 per cent rate recorded in May. “The […]
The Nigerian Insurers Association (NIA) has recorded a whooping N160.47 million as proceeds from the data uploads in 2016. According to the association’s 2016 financial report, the balance in the account of the NIID as at the beginning of last year was N62.12 million, and N225,000 was received while N1.23 million stood as interest accrued […]