MTN may put off plans to list its Nigerian operation until 2018 as Africa’s largest wireless carrier works to resolve a regulatory dispute and awaits an economic recovery in the continent’s most populous country. “It’s a work in progress and hopefully within the 12 to 18 month period we will be able to do it,” […]
Brass Fertiliser & Petrochemical Company Limited (BFPCL) says its $6 billion methanol plant has the capacity to create 20,000 jobs in the host community. The Brass Fertiliser plant is located in Brass Island, Bayelsa State. In a statement, the vice chairman of the company, Mr Ben Okoye, said the project would employ 15,000 workers indirectly […]
Nigeria has ratified the Trade Facilitation Agreement (TFA), making it the 107th World Trade Organisation (WTO) member to do so. Only three more ratifications from members are needed to achieve the two-third threshold that will bring the TFA into force. Nigeria’s instrument of acceptance was submitted to the WTO on Friday by the Minister for […]
The industrialisation drive of the Ogun State Government is geared towards promoting socio-economic development and employment generation. The state says it has again yielded another positive result, as the government is set to commission 20 more companies across the three Senatorial Districts areas of the state The State Commissioner for Commerce and Industry, Mr Bimbo […]
Pamela Eboh, Awka The Peoples Progressive Alliance (PPA) leader in Anambra State, Mr. Godwin Ezeemo, has called on the federal government to make a policy on agriculture as a way of moving away from total oil dependence and embracing cocoa which was in the past the chief export of Nigeria. He made the call yesterday […]
The Economic and Financial Crimes Commission (EFCC) and the Securities and Exchange Commission (SEC) have vowed to clamp down on fraudulent operators in the Nigerian capital market. Ibrahim Magu, Acting Chairman, EFCC, and his SEC counterpart, Mournir Gwarzo, made the pledge Thursday, January 19, 2017 while signing a Memorandum of Understanding, MoU, for cooperation at […]
Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has debunked the insinuations in some quarters that policies of the government were meant to few the few in the society. Instead, policies were always designed to serve the best interest of majority of Nigerians. Mr. Emefiele, who was responding to concerns raised by […]
The National Insurance Commission (NAICOM) on Thursday in Abuja said it would commence verification of the capital resources of all insurance companies in 2017. Mr Rasaaq Salami, Head, Corporate Affairs at NAICOM, told the News Agency of Nigeria (NAN) that the verification exercise would commence in the first quarter of the year. According to Salami, […]
Nigeria together with some African countries would seek to improve trade and investment ties with German at Germany-Africa Business Forum slated to hold at Frankfurt on March 23. This is contained in a statement posted on the Germany-Africa Business Forum website and accessed by the News Agency of Nigeria (NAN) in Abuja on Thursday. The […]
The UN Security Council on Thursday affirmed that Adama Barrow is now the legitimate President of The Gambia, declaring that “former President Yahya Jammeh is out”. The President of the Security Council, Olof Skoog (Sweden), told the UN Correspondents after the adoption of the Resolution 2337 (2017) by consensus by the 15-Member Council. The Correspondent […]