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Business and Economy

NCDMB supports local content economic development projects

The Nigerian Content Development and Monitoring Board (NCDMB) has given its support for projects tied towards lifting Nigeria’s economy and enhancing deployment of local contents. The NCDMB Executive Secretary, Engr. Simbi Kesiye Wabote disclosed this when he visited some International Oil companies (IOCs) in Lagos recently. Wabote pledged the Board’s …

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Oshodi -Airport Road: I’m being frustrated – Ambode …Says Buhari’s directive on Presidential Lodge yet to be honoured

Lagos State Governor, Mr. Akinwunmi Ambode on Wednesday said his administration’s plan to carry out a total reconstruction of the International Airport Road from Oshodi was being frustrated by the Federal Ministry of Works. Governor Ambode, who spoke to Government House Correspondents at the Lagos House, shortly after carrying out …

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Ban on imported used cars and need to upgrade to a highly affordable Made in Nigeria New Car; Kia offers 5-year warranty, competitive deal on Kia Rio

Kia Assembly Plant   The automobile industry across the globe has always played a major role in strengthening the global economy by contributing immensely to the growth of the GDP and the creation of employments to teeming youths. Nigeria, as a country, despite being a huge market in Africa with …

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TransCorp harnesses FG’s 2017 economy recovery policy to boost earnings

Transnational Corporation of Nigeria (TransCorp) has lauded the federal government’s economy recovery policies as measures that will not only boost the company’s fortunes, but that of its stakeholders and the general economic recovery. The policy direction, which includes increased gas supply to power companies, N701 billion Nigerian Bulk Energy Traders …

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FG announces measures to ease passengers’ plight during Abuja Airport closure

The Federal Government on Monday announced measures to ease the plight of passengers during the six weeks that the Nnamdi Azikiwe International Airport in Abuja will be closed for the reconstruction of the sole runway. The measures were announced at a joint press conference in Abuja, attended by the Minister of Information and Culture, …

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NCC insists on quality service from telecom operators … Pleads with CBN to make forex available to operators

Worried by the degenerating Quality of Service (QoS) provided by Mobile Network Operators (MNOs) and other service providers, the Nigerian Communications Commission (NCC) has declared a state of emergency on the Quality of Service. As part of measures to cushion the situation and ameliorate the recurrent inaccessibility to foreign exchange …

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Investors staked N13.7bn on 1.387 million shares in one week ..As Industrial goods Index leads on negative returns

Afolabi Adesola  A total turnover of 1.387 billion shares worth N13.726 billion in 15,422 deals were traded on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 765.656 million shares valued at N9.717 billion that exchanged hands previous week in 12,468 deals for the week …

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