States with active mining of solid minerals in their domains are to receive 13 per cent derivation revenue, just as their counterparts in oil and gas producing areas, the federal government has said. The Minister of Mines and Steel Development,…
Blackberry has left the business of making handsets 14 years after releasing its first product. A statement released by the company confirmed the development. Blackberry’s manufacture of hardware, henceforth, will be outsourced to other companies. The decision stemmed from the…
Mr. Abiodun Afolabi has been appointed to the Board of Directors of Total E&P Nigeria Limited (TEPNG) and Total Upstream Nigeria Limited (TUPNI), with effect from Wednesday, 21 September, 2016. Afolabi’s appointment according to a statement by the company is in pursuant to…
For the economic recession ravaging the country to be a thing of the past, Nigerians have been urged to patronise made-in-Nigeria goods as one of the ways to reflate the economy and save the nation from the present recession. The…
In a recent research conducted by McKinsey & Company – an organisation that is a trusted advisor and counselor to many of the world’s most influential businesses and institutions has shown that companies globally with a greater share of women…
Facebook has released a statement to announce that 4 million businesses actively advertise on the platform with 70 per cent outside the United States. This data shows that the fastest growing region is South East Asia with the following countries:…
The Federal Government plans to raise between N250 billion and N340 billion in local currency-denominated bonds in the fourth quarter, The debt office said it would auction between N90 -1 20 billion worth of bonds maturing in 2021, N70-100 billion…
Equity transactions on the Nigerian Stock Exchange (NSE) on Tuesday reversed to negative trend after appreciating for two consecutive days with market indicators depreciating by 0.05 per cent. The News Agency of Nigeria (NAN) reports that the market capitalisation depreciated…
The Niger Delta Development Commission (NDDC) has earmarked 6,300 jobs for youths in the Niger Delta region. Beneficiaries of the scheme that will include unemployed youths, university undergraduates as well as persons in employment who desire to earn more cash,…
A Non-Government Organisation (NGO), Sought-Out Cities Arts, Skill and Empowerment Initiative, on Sunday, empowered no fewer than 250 youths of Makoko Community in Lagos State through vocational training. The Director of the Initiative, Mrs Eunice Okoh, who expressed satisfaction with…
