Business articles

FG Considers Harmonising Nigeria’s Renewable Energy Efforts

A proposal submitted by the Minister of State for Power, Mohammed Wakil, is seeking to blend Nigeria’s efforts in growing her renewable energy sector. The proposal, Wakil said in a recent interview in Abuja, will likely become the new game changer in Nigeria’s renewable energy sector, ushering in a new strategy for initiating and implementing

Naira selling at 194 to dollar Heightens Economic Crunch

The continuous fall in the price of crude oil in the international market and the recent devaluation of the nation’s currency, the naira, are putting serious pressure on the economy, with the currency experiencing a free fall. The naira exchanged for between 192 and 194 to the United States dollar at the parallel or street

Bank of Industry Supports Local Drug Production

In contributing its quota towards ensuring that Nigerian drug makers do not just make drugs considered safe enough for Nigeria, but produce medication that will put Nigeria in a respectable position on the world map, the Bank of Industry, (BOI) Nigeria’s oldest and most successful development finance institution, is injecting life into the nation’s ailing

Strike: How Nigeria’s Oil Workers & Govt Reached a Truce

To get the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to suspend their nation-wide strike early Friday morning, the meeting between both parties – government and labour – had to address all the issues contained in a communiqué dated October 31,

You Cannot Summon Petroleum Minister, Court Tells NASS

A Federal High court in Abuja presided over by Justice Ahmed Mohammed on Wednesday set aside the summons by the House of Representatives on the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke to appear before it to answer to allegations that some ten billion naira was spent on a private aircraft charter. Justice Mohammed in

Cornfield Transnational Ltd Blazes New Trail in Eco-System

By Emmanuel Ajibulu Presently, growth and acceptance in Information Technology initiatives are largely embraced virtually in every aspect of human endeavors. No serious minded organizations can escape its positive effects. More pointedly, information technology broadly encompasses the information that businesses create as well as a wide spectrum of linked technologies that process the information. In

Okonjo-Iweala Presents N4.3tn 2015 Federal Budget to NASS

Nigeria’s Minister of Finance, Dr. Ngozi Okonjo-Iweala, has just presented the 2015 budget estimates of about N4.3trillion before the National Assembly. She laid the document in separate appearances before the Senate and the House of Representatives. There was not a joint sitting of the two chambers as has been the tradition, as President Goodluck Jonathan already

Coca-Cola, Partners Friends Africa to Celebrate World Aids Day in Nigeria

    In commemoration of World AIDS Day 2014, Coca-Cola Nigeria Limited in partnership with Friends Africa (Friends of the Global Fund Africa), a pan-African NGO, organised a week long HIV/AIDS outreach in Lagos, enabling about 4,000 persons to take the HIV test. The programme, implemented in collaboration with Access Bank, First City Monument Bank,