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Business and Economy

5 students bag NDDC scholarships from female science competition

Five female students from Ondo, Rivers, Akwa Ibom and Cross River states have been awarded scholarships worth N5 million each to study in tertiary institutions by the Niger Delta Development Commission, NDDC. The five lucky girls, Ayomide Adeyeye, Amarachi Orjiugo, Edidiong Francis Bassey, Blessing Jeremiah James and Grace Bassey, were …

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NLNG opens $2m Oil and Gas Research Centre donated to University of Port Harcourt

Nigeria LNG Limited (NLNG), on Friday, at the University of Port Harcourt commissioned $2 million NLNG Centre for Gas, Refining and Petrochemical Engineering donated to the institution as part of the company’s $12 million University Support Programme. According to a statement by Kudo Eresia-Eke, General Manager, External Relations of the …

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Nigeria’s Finance Minister advocates inclusive growth at G20 Seminar in Paris

Nigeria’s Finance Minister Kemi Adeosun called for sustainable and inclusive growth for Africa at a high level G20 Finance Ministers seminar held in Paris Thursday night. The Finance Ministers met to discuss current challenges to the international financial architecture and ways of combating macroeconomic volatility. The high-level seminar also assessed …

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Enugu governor, Minister of Labour advocate coordinated efforts in diversifying Nigeria’s economy

The Governor of Enugu State, Hon. Ifeanyi Ugwuanyi, and the Minister of Labour and Employment, Dr. Chris Ngige, Thursday advocated coordinated efforts at all levels of government aimed at diversifying the nation’s economy from its present mono-economy status. They spoke in Enugu when the minister, accompanied by the management team …

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Fidelity Bank moves to build capacity for exporters with NEPC, LBS partnership

Fidelity Bank Plc has embarked on a partnership with the Nigerian Export Promotion Council (NEPC) and the Lagos Business School (LBS) to establish the Export Leadership Institute. Speaking at a media briefing in Lagos, Tuesday, the Managing Director/ Chief Executive Officer, Fidelity Bank, Mr. Nnamdi Okonkwo, said the initiative is …

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UBA, Dangote, others gain despite negative capitalization drop at NSE

Post-Easter equity transactions on the trading floor of the Nigerian Stock Exchange, was gloomy for most stocks, Tuesday, after the holiday celebration, as most blue-chip companies suffered price depreciation, causing market capitalisation to plunge significantly by N215 billion. At Tuesday’s trading 27 companies depreciated in value, led by Nigerian German …

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(Interview) President Buhari will assent to the 2016 budget after scrutinizing the details – Garba Shehu

Malam Garba Shehu, Senior Special Assistant to the President on Media and Publicity, says, in this exclusive interview, that the budget passed by the National Assembly was not accompanied by details, hence President Muhammadu Buhari will await the details before giving assent. Shehu also speaks on Nigeria’s membership of the …

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