The Lagos State Government on Thursday announced the opening of a website to register intending applicants for the 2017 edition of Ready.Set.Work (RSW) scheme which is an entrepreneurship and employment initiative designed to equip final year students of tertiary institutions with the right skills to add value to the society.
Business
Porting activities decline in Nigeria
Porting activities among telecommunications service providers declined by 8,248 in April, the Nigerian Communications Commission (NCC) has said. The “Incoming and Outgoing Porting Activities of Mobile Network Operators” report obtained by the News Agency of Nigeria (NAN) on Thursday in Lagos showed that subscribers porting within the networks stood at 33,773 in April, as against […]
Abu Dhabi’s Etihad Airways to drop San Francisco route from October
Abu Dhabi’s Etihad Airways said on Wednesday it is suspending flights to San Francisco in the United States from October after falling passenger demand curbed the route’s profitability. The flight, launched in November 2014, was already reduced from a daily service to three times a week earlier this year. The suspension is from October 29 […]
FG, Lagos lure 15 million Diaspora Nigerians, plan largest gathering of Africans in Badagry
The Lagos State Government and the Federal Government have concluded arrangements to help over 15 million Nigerians in Diaspora to trace their roots back home through the Badagry Diaspora Festival scheduled to hold between August 23 and 25, 2017. Speaking at a news conference jointly addressed at the Bagauda Kaltho Press Centre in Alausa on […]
FIRS generates N778bn in first quarter 2017
The Federal Inland Revenue Service (FIRS) says it generated N778.19 billion revenue in the first quarter of 2017. This is according to a progress report by the FIRS sent to the Federal Ministry of Finance, and obtained by the News Agency of Nigeria (NAN) on Tuesday in Abuja. The report, which showed the revenue performance […]
Uber CEO to loose powers
Uber Chief Executive Officer Travis will be striped of some duties and an independent chair to be appointed to limit his influence, an advance copy of a report prepared for Uber board has revealed. Kalanick told staff he plans to take a leave of absence to grieve for his late mother, without disclosing a return […]
Nigeria floats $300m Diaspora bond
The federal government has rolled out the first ever Diaspora bond of $300 million to raise funds from Nigerians in the Diaspora to finance capital projects. Mrs. Abike Dabiri-Erewa, the Senior Special Assistant to the President on Foreign Affairs and Diaspora, advised Nigerians to take advantage and invest in the bond. A statement by her […]
CBN boosts FOREX market with $413.5m
The Central Bank of Nigeria (CBN) has intervened in the inter-bank Foreign Exchange market to the tune of $413.5 million, further underscoring its resolve to guarantee liquidity in the market as well as shore up the international value of the Naira. Giving a breakdown of the its latest round of intervention on Monday, the CBN […]
Standard Chartered launches new brand campaign
Standard Chartered Bank Limited has launched a campaign entitled, “No.1 Bank: Power your Ambitions” to highlight its recent achievements and reiterate its commitment to the Africa and Middle East (AME) region. The bank says the ‘No.1 Bank’ campaign reiterates its top position across its diverse products and markets which include project finance, debt capital markets, […]
Udoma worried over poor revenue generation
The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has advised government agencies and parastatals not to depend totally on Federal Government’s budget to run their activities, but, rather up their quality of service to generate more revenue. Udoma who gave this advice during an inspection of the state of infrastructure and working […]