Nigeria, five other African countries get $1.1bn climate change fund
The African Development Bank (AfDB) has approved the sum of $1.1 billion for five African countries, including Nigeria, to fight climate change. The other countries are South Sudan, Kenya, Ethiopia…
Yudala goes bullish, acquires Yes Mobile
Yes Mobile, a cosmopolitan high-value retail outfit with a multiplicity of stores in Lagos has been taken over by pioneer composite e-commerce company, Yudala in what industry watchers consider a…
NIRA elects new leaders, Nweke, Agbata are Directors
By Theresa Igata The Nigeria Internet Registration Association (NIRA) has elected five new members into its Board. The keenly contested election which took place during the 9th Annual General Meeting…
Dangote pays Taraba N1.2bn compensation for land, begins sugar factory project in the state
Gov. Darius Ishaku of Taraba on Tuesday said Dangote Group had commenced sugar plantation and factory project in Lau Local Government of the state. Ishaku made this known in Jalingo…
Nigeria’s economic growth plan to yield over $50bn investments in oil and gas – Kachikwu
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, said economic growth plan recently launched by Federal Government would provide strategic and economic partnerships in excess of 50 billion dollars….
Why MTN Nigeria sacked 280 workers, affected staff paid severance allowance
MTN Nigeria said it had to disengage 280 staff because it wanted to delve into full Information and Communication Technology (ICT) and digital operations. An official who pleaded anonymity told…
Osinbajo at the Platform, says Nigerian jollof rice is the best in the world
Prof. Yemi Osinbajo, Nigeria’s Vice-President on Monday described Nigerian jollof rice as “the best in the world”, ending decisively the controversy started by minister of information, Alhaji Lai Mohammed. The…
Angry workers disrupt May Day rallies, demand better pay; Minister blames factions
Angry workers disrupted Monday’s May Day rallies, hushed Labour Minister and demanded a better wage for their toils. The rally in Abuja turned into a wild show of frustration by…
Host communities deserve one percent royalties on oil, minerals – Peterside
An entrepreneur, Mr Atedo Peterside, has urged the Federal Government to reserve one per cent royalty to host communities of oil and other mining and mineral activities. Peterside made the…
Nigeria lost $850m to gas flaring in 2015 – DPR
The Department of Petroleum Resources (DPR) said that Nigeria, the ninth largest gas producing nation in the world, lost over 850 million dollars to gas flaring in 2015. Mrs Pat…