Yes, there are a few cars, but SUVs are capturing most of the headlines at this year’s New York International Auto Show. Automakers are shoring up gaps in their SUV lineups and revamping models that already are popular in the hottest-selling part of the U.S. market. Leading the way is Toyota with an all-new RAV4 […]
The statement highlights the importance of inclusivity and improved societal welfare alongside economic growth. Most times when an economy is experiencing growth in monetary terms we get carried away by all the nice figures and upward trending graphs. Yes, GDP growth is great, but for whom? Who truly benefits from economic expansion? In reality, although […]
Nigeria’s economy will be earning over $560 billion when Lekki Deep Sea project finally takes off in 2020 with an estimated $361 billion generated from the port’s concessioning in addition to $200 billion coming from taxes and revenue, the Sun reports. Speaking during the flag-off of the deep seaport, President Muhammadu Buhari disclosed that over […]
Prof. Amidu Olalekan Sanni, the Vice Chancellor of Osogbo, Osun state, based Fountain University has appealed to the Federal Government to change the law which stipulates that only public owned tertiary institutions can benefit from Tertiary Education Trust Fund (TET-Fund). Prof Amidu made this appeal while addressing a press conference on the 10th anniversary of […]
The Petroleum Technology Development Fund (PTDF) says its has discarded the used of Scratch cards to access forms for application of various scholarships of the fund. The Fund in a statement signed by Mr Kalu Otisi, Head Press and Public Relations in Abuja also noted that it had also discarded writing of Aptitude test as […]
Illegal workers have invaded the farm of former Zimbabwean first lady Grace Mugabe to mine for gold. Reporters from the Zimbabwean newspaper Newsday found them uprooting lemon trees, digging shafts and loading gold ore into Lorries. After unsuccessfully confronting them on Thursday, Mrs Mugabe reported the matter to the police. The farm is in Mazowe, […]
Neconde Energy Limited said it had no under hand dealing with a former Vice-President of Shell in Nigeria, Mr Peter Robinson, in the purchase of Oil Mining Lease (OML) 42, The Sun reports. Neconde, is an indigenous oil and gas company, operating OML 42 in partnership with the Nigerian Petroleum Development Company of Nigeria (NPDC), […]
“The crisis continues to displace thousands of vulnerable women, children and men every week. Many have gone through unspeakable hardship and the UN and its partners remain committed to help alleviate their suffering,” said Edward Kallon, the UN Humanitarian Coordinator in Nigeria. Set up through the Nigeria Humanitarian Fund (NHF), the assistance includes $2 million […]
A private sector energy group, Renewable Energy Association of Nigeria (REAN), has condemned the new 5 – 10 per cent import duty on solar panels imposed on its members by the Nigerian Customs Service. Segun Adaju, President of REAN, said there was no justification for the duty on the strength that under the CET code […]
The governor of Lagos state, Mr. Akinwunmi Ambode, said he will ensure the state has an automobile assembling plant within the next two years. He said this at the commissioning of the Ikeja bus terminal in Lagos on Thursday, where he also revealed that 5000 buses would be introduced into the state’s economy in the […]