Business

Nigerian youths have again been advised to embrace self-employment through productive entrepreneurial skills. The member representing Alimosho Federal Constituency of Lagos State at the House of Representatives, Mr Olufemi Adebanjo gave the advice at the second round of Skills Acquisition and Empowerment Programme he facilitated in collaboration with the Ogun Osun River Basin Development Authority, […]

Critical stakeholders in the technological sector and the entire Nigerian people have been called upon to give backing to the Nigeria Startup Bill, has scaled through the ministry of justice and is now before the federal executive council. The Nigeria Startup bill is a joint initiative by Nigeria’s tech startup ecosystem and the Presidency to […]

The Lagos State Government says it is partnering with the Maize Farmers‘ Association of Nigeria, MAFAN, to explore the possibilities of maize production in the State. Commissioner for Agriculture, Ms Abisola Olusanya made this known in Lagos when she received members of the Maize Farmers‘ Association of Nigeria, MAFAN. Ms Olusanya explained that the partnership […]

ActionAid Nigeria, a non-governmental organisation working to eradicate poverty in Nigeria has opposed the alleged resolution by the Nigerian Electricity Regulatory Commission (NERC) directing the 11 Electricity Distribution Companies (DisCos) to increase their tariffs from Wednesday, September 1, 2021. ActionAid Nigeria posits that the increase in electricity tariff will further erode the purchasing power of […]

The era of unseaworthy substandard ships entering into the country’s seawater may soon be over. This is because, the Nigerian Maritime Administration and Safety Agency, NIMASA, is moving against such ships coming into the country. It has commenced the issuance of new certificates of ship registration and gradually phasing out the old permits. The Director-General […]

The Association of Nigerian Licenced Customs Agents, ANALCA, has accused the Customs Service of working against government’s policy of Ease of doing Business. The Vice President of ANALCA, Mr. Kayode Farinton made the allegation at a News conference in Lagos. Mr. Farinton said that Customs was only interested in generating revenue and not facilitating trade. […]

Twenty Nigerian chefs have been trained in Lagos on how to prepare seafood especially stockfish. It was courtesy the Norwegian Seafood Council. They also trained importers of the products on how to preserve them against contamination. A Counsellor in the Embassy of Norway, Mr. Christian Fougner said that the training was necessitated by reports of […]

Nigerian equities market resumed trading for the week on Tuesday with a growth of 0.54 per cent after Monday public holiday declared by the Federal Government to mark 2019 Eid-el Malud celebration.Specifically, the market capitalisation inched N69 billion or 0.54 per cent to close at N12.878 trillion against N12.809 trillion recorded on Friday.Similarly, the All-Share Index [...]
Nigeria’s economy will attain great heights of development if the economy was diversified and the mono-product economy practice jettisoned, Deputy President of the Senate, Senator Ovie Omo-Agege has said.According to him, the country’s reliance on oil is not only unsustainable but also incapable of creating jobs and building enduring infrastructure that would support rapid economic [...]
Finding a decent, affordable place to live is a common problem facing young people in many places. But in Nigeria's booming commercial hub, Lagos, it is almost impossible as landlords demand a year's rent in advance.For two-bedroom apartments with electricity, close to the city's main business district on Victoria Island, I was asked for between [...]

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