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News
Dangote Refinery offer to boost FX earnings — CIS, ASHON
16+ hour, 2+ min ago (380+ words) The Chartered Institute of Stockbrokers and the Association of Securities Dealing Houses of Nigeria have welcomed the initial public offering of Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise, describing it as a landmark development for Nigeria’s capital market. The…...
Coca-Cola says 70,000 Nigerian youths gain skills, jobs
16+ hour, 24+ min ago (416+ words) The Coca-Cola System in Nigeria says more than 70,000 young Nigerians have benefited from its empowerment programmes through training in life skills, entrepreneurship and access to internship opportunities. The company, in statements made available to The PUNCH on Sunday, said its…...
Petrol subsidy return may cost Nigeria N19tn annually – CPPE
17+ hour, 16+ min ago (539+ words) The Centre for the Promotion of Private Enterprise has warned that a return to universal petrol subsidy could cost the government about N19.16tn annually. The think tank said such a huge expenditure would impose an enormous opportunity cost on Nigeria’s already…...
States miss jobs, revenue from $700bn mineral wealth
17+ hour, 6+ min ago (1191+ words) Dele Alake, Minister for Solid Minerals Development Nigeria’s 36 states and the Federal Capital Territory are sitting on vast deposits of solid minerals estimated at more than $700bn, yet most states have done little to turn the resources within their territories into…...
Dangote petrol price rises by N185 in three weeks
17+ hour, 5+ min ago (1215+ words) FILE: President of Dangote Group, Aliko Dangote The Dangote Petroleum Refinery has continued to increase the price of premium motor spirit (petrol) despite the international price of crude oil remaining below the level recorded during the earlier surge in March....
Crisis reveals the quality of your preparation
16+ hour, 14+ min ago (385+ words) A crisis does not create an organisation’s character. It reveals it. The quality of the answers is rarely determined at the height of the emergency. It was shaped long before the first alarm sounded. That danger has intensified. Leaders must…...
Passport: UK mission clarifies £70 fee, refunds £50
15+ hour, 57+ min ago (482+ words) The Nigeria High Commission in London, United Kingdom, has clarified that the £70 administrative fee paid by some Nigerians during the ongoing passport intervention exercise was not approved by the Federal Government, insisting that the standard administrative charge remains £20. The clarification…...
Lagos turns to private sector to tackle 3.4m housing deficit
16+ hour, 55+ min ago (585+ words) The Lagos State Government has said it will increasingly rely on structured public-private partnerships to tackle the state’s 3.4-million-unit housing deficit and infrastructure gap. The Commissioner for Commerce, Cooperatives, Trade and Investment, Folashade Ambrose-Medebem, disclosed this at the Julius Berger…...
Architects' institute inducts 200 members in Abuja
1+ day, 15+ min ago (444+ words) The Architects, Artisans and Construction Managers Institute of Nigeria has inducted more than 200 new members and artisans in Abuja, charging them to uphold professional ethics and ensure strict compliance with approved construction standards. Speaking at the ceremony on Saturday, the…...
NESG raises the alarm over Nigeria’s manufacturing decline
1+ day, 1+ hour ago (420+ words) The Nigerian Economic Summit Group has raised concerns over the decline of Nigeria’s manufacturing sector, blaming high energy costs, import competition, inadequate financing and weak industrial coordination for the country’s poor productive capacity. The NESG, in a statement issued on…...