ECONOMY

Technology Based Solutions for Fuel Shortage

Last week, the Minister for Petroleum Resources, Mr. Ibe Kachikwu, announced that the government might take up to two months to solve the present crisis of fuel shortage. As is with most cases, Nigerians have reacted to the news by

A Case for High-Speed Rail Development in Nigeria

Nigeria is interconnected by about 108,000 kilometers of surface road and almost 4000 kilometers of rail. The problem is while it has the largest road network in West Africa, large portions of the network are prone to spoilage due to

Concerning Clashes between Herdsmen and Farmers in Nigeria

The degree of carnage that has beset agriculture in Nigeria, occasioned by the unchecked malfeasance of herdsmen cannot be quantified in monetary and economic terms. Why are their numbers increasing and their attendant damages escalating? The reason could be linked

The 3rd Annual mPAD & Nigeria Manufacturing Conference & Trade Expo, 2016

  The recently concluded mPAD (manufacturing Partnerships for African Development) & Nigerian Manufacturing Expo 2016 was a 3-day event that was held from March 15th -17th, 2016 in Landmark Centre, Oniru, Victoria Island, Lagos. This is the official annual meeting

More Gen Sets Please – ‘I Pass My Neighbour’

...we need more of the generators...to enhance our productivity and boost our economy.

3 Effective Ways to Harmonize Biometric Data of Nigerians

Biometric data is important for planning and development. In Nigeria, the country has expended millions of naira to gather the biometric data of Nigerians. As a matter of fact, this information can easily be shared and sourced from other governmental

#BuyNaijaToGrowTheNaira: Buying Locally Made Goods Would Save Our Economy

The hashtag #BuyNaijaToGrowTheNaira has been trending on Twitter and Facebook; a campaign that will be significant in saving our dying economy. For long, Asian and American goods have flooded the Nigerian market, stifling the innovation of Nigerians and enriching the

Can Sports Help Strengthen the Naira?

Nigeria’s economy greatly depends on crude oil production. It is common knowledge that the international market price of crude oil has been dwindling since last year. As a result, people from all walks of life have called on the Nigerian

4 Things Nigeria’s Government Must Do to Save the Economy Now

The past few weeks have been feisty in the international business news media. Panic and all sorts of negative projections have been used to prop us up and put us down as we watch how 2016 begins to unravel. The

Why Oil is Important

Globally considered as black gold, oil is top on the world’s list of natural resources. From fueling autos to providing plastics, the uses of petroleum can go on and on about. With the increasing number of human population, we depend

#PhotoSpeaks: 2015 NPLGA Exhibition and Conference

Photo highlights from the 2015 Nigeria LP Gas Conference which took place on December 2nd, 2015.      

Nigeria, Kenya and South Africa’s Business Incubation Centres recognized by UBI Global

Three business incubation centers in Africa have been recognized as the best performing university business incubators by UBI Global, a leader in performance analysis of business incubators around the world. Last week, UBI Global hosted an online award ceremony for

CBN Reduces Interest Rate Benchmark to Stimulate Economic Growth

For the first time in six years, Central Bank of Nigeria has reduced the benchmark for its interest rate, cutting it from a record high of 13% to 11%, differing from other countries in Africa that have tightened their monetary

Be Part of the Lagos Tourist Hiking Trip to Lake of Ado Awaye in Oyo State

Naija Tourist invites young and old to join in an adventurous hiking trip to a fascinating tourist site on the top of a mountain known as the suspended Lake of Ado Awaye in Oyo State. In addition to enjoying this

Electronic Call-Up System Set to Bring Order to Lagos Roads

In a bid to bring order to the movement of trucks and tankers operating in Lagos ports, FT Logistics Global Services Ltd will soon kick off its electronic call-up system to sanitise their movement on Lagos roads. The Chairman of

NAMA Goes Digital With Air Traffic Management

It looks like the tech-trend is catching on fast in government. The Nigerian Airspace Management Agency (NAMA) has reportedly developed a new high-tech software that promotes the dissemination of aeronautical information to airspace users. The programme is called Notice To

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