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Agric ministry develops fish value chains

Minister of agriculture and rural development, Dr Adesina Akinwunmi, has assured that the ministry is taking steps at diversifying the fisheries sub sector from a mainly mono-culture of Catfish to include other fish species. He also said that greater potential ...

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Borno: 4,000 engaged in SURE-P

No fewer than 4,000 persons in Borno were engaged into community based development activities under the Subsidy Reinvestment and Empowerment Program (SURE-P), in 2013. The state SURE-P Coordinator, Malam Wakil Kalanga, stated this in an interview with journalists in Maiduguri ...

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‘Nigeria spends N125bn on fish importation’

Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has said that Nigeria spends an estimated N125.38 billion on fish importation annually. Dr. Adesina who made this known yesterday at a stakeholder’s interactive session on repositioning the fishery sector in ...

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AMCON ready to sell rescued banks

The Asset Management Corporation of Nigeria (AMCON) has said that it will commence the sale of the three nationalised banks in June this year. The banks, which are also referred to as ‘Bridge banks’ are Enterprise Bank, Mainstreet Bank and ...

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NIMASA targets N66.96bn in 2014

The Nigerian Maritime Administration and Safety Agency (NIMASA) have said that it is targeting a total of N66.96 billion revenue collection in 2014. The agency also plans to spend N97 billion this year on both recurrent and capital projects. In ...

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US hails Nigeria’s power sector

The United States Agency for International Development (USAID)/Power Africa delegation has hailed the Nigerian privatization programme as part of the inspiration behind creation of Power Africa initiative by the United States. The delegation, led by the Abuja Director for USAID, ...

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Dangote promises price slash at Kaduna fair

The Dangote Cement has slashed its Cement price in an ongoing promo at the 35th Kaduna International Trade Fair. The company’s regional sales manager, Obasola Alo, said by this development, customers would have the opportunity of buying the discounted product ...

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SON denies presence of sub-standard cement

Standard Organization of Nigeria (SON) has absolved cement manufacturers of any complicity in the incessant building collapse in the country, saying there was no sub-standard Cement in Nigeria. Director-General, SON, Dr. Joseph Odumodu, made this known in Abuja at the ...

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‘You see poverty dining with them’

The various agricloans, what is the impact so far? We have various loans meant for agriculture. We have the National Agricultural Investment Plan (NAIP) which has its own funding given to the commercial banks about N200billion. There is another one ...

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Kogi to partner with Israeli investors

Kogi state government is set to partner with Galilee International Institute in Israel in the areas of agriculture, disaster and health management, urban development, transport as well as in the area of tourism. The Governor of Kogi state, Captain Idris ...

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Venture capitalists to boost investment in Nigeria

The African Private Equity and Venture Capitalists Association (AVCA) has expressed its preparedness to promote investment opportunities in Nigeria. Speaking at a media briefing to announce its forthcoming annual conference scheduled for March 31st and April 2nd, the chief executive ...

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Power sector to gulp $23.9bn in 5yrs

The Director-General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Ezra Dikki, has put the capital expenditure (CAPEX) requirement of the Nigeria electric power sector in the next five years at $23.9 billion. He revealed this in a presentation ...

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FG grants SWF more $550m for investment

The federal government has said it had given an additional $550 million to the Sovereign Wealth Fund (SWF) for the development of infrastructure in the power sector. Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala, who ...

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Tales from Zamfara flood victims

A fortnight ago, the nation experienced a certain rainfall around parts of Nigeria that raised concerns whether the rains are actually here. The worries were more for the period in the year (January) when the rainfall took place. Although the ...

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$10m phone plant launched in Ilesa

A multi-million dollar first indigenous phone and computer sets assembling plant was yesterday officially launched in Ilesa, Osun state. The promoter of the phone assembly plant, RLG Communications, is an indigenous information communication telecommunication firm with successful stints in Ghana ...

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Shell’s day of reckoning has come – Group

A non-governmental organisation, Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN), said the decline in Shell’s global profits in 2013 compared with previous years and the imposition of a N1.8 trillion fine on the company by National Oil Spills Detection ...

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$10m first indigenous phone plant launch in Ilesa

A multi- million dollar first indigenous phone and computer sets assembling plant belonging to rlg communication was yesterday officially launched in Ilesa, Osun state. Rlg Communication, an indigenous information communication telecommunication outfit which came to the country two years ago ...

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Forte Oil posts revenue of N128bn

— Proposes total dividend of N4.31bn Forte Oil Plc, (formerly AP Plc), an indigenous integrated energy solutions provider  has recorded a significant  growth for its financial year ended December 31, 2013 as its revenue increased to N128 billion. The figure represents ...

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Customization

Google’s game changing browser Chrome combines sophisticated technology with a simple UI, to create a faster, safer and easier browsing experience. Launched in 2008, Google Chrome quickly dominated the browser market to become the most used browser globally within 4 ...

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