AFDB Invests $50m Equity In AFC
The African Development Bank on Wednesday announced a $50m equity investment in African Finance Corporation. AfDB made the announcement at the ongoing Africa Investment Forum in Johannesburg, South Africa. AFC…
Senate Urged FG To Ban Importation Of Textile Materials For Five Years
The Senate on Tuesday has called on Federal Government to ban importation of textile materials for five years to revamp the comatose textile industry in Nigeria. The call was made…
AFDB, Investors Discuss $67bn Investments For Africa
The African Development Bank (AfDB) and institutional investors on Monday opened $67billion investment deals for African countries, the AfDB President, Dr Akinwumi Adesina has said. Dr Adesina disclosed this at…
FG’s Conditions For Reopening Borders
Several weeks since Nigeria closed its land borders with its West African neighbours, the Federal Government last week unfolded conditions that ECOWAS member states must adhere to before it reopens…
Port Congestion: NIS Calls For Re-Establishment Of National Carrier
The Life Patron, Nigeria Institute of Shipping (NIS), Caleb Okoye, has called for the decongestion of Nigerian ports and the re-establishment of a national carrier for faster development of the…
Kano Traders Cry Out Over High Solar Energy Charges
By Olamilekan Alani Traders in Sabon-Gari Market, Kano, have rejected the compulsory use of a commercial solar energy power supply over what they called high charges by the providers. The…
Non-Oil Revenue Now Accounts For 54 Percent Of Nigeria’s Earnings – Fowler
The chairman of Federal Inland Revenue Service (FIRS), Tunde Fowler, on Thursday said Nigeria’s economy was gradually moving away from oil to non-oil. Fowler stated this at the flag-off ceremony…
NCC To Explore $70b Telecoms Market Package
The Nigerian Communications Commission, (NCC), on Wednesday in Kano, indicated its preparedness to explore the possibility of accessing the $70 billion package of the Nigerian Communications Sector market, so as…
FG To Open Lagos-Ibadan Road Diversions Dec 15 ….Orders Relocation Of Trucks At Ogere
The Federal Government has said all diversions around construction zones on the Lagos-Ibadan Expressway will be opened to motorists from December 15. The Director of the Federal Highways, South-West, Mr…
Ghanaian Traders Shut 50 Shops Owned By Nigerians
Ghanaian traders shut 50 shops owned by Nigerians The Electrical Dealers Association in Ghana yesterday made good the threat to lock up retail shops operated by foreigners, citing the violation…
