ECONOMY

Ethiopian to Become the First International Carrier to fly to Enugu

Ethiopian Airlines, the fastest growing airline in Africa, has announced the commencement of new services to Enugu Airport, as of August 24, 2013, becoming the first international carrier to fly to the city. Ethiopian will also increase its five weekly

EU Donates €14.25 Million to Nigeria for Water and Sanitation

The European Union (EU) has donated €14.25 million to Water, Sanitation and Hygiene sector in Nigeria through UNICEF. Mr Kanan Nadar, the UNICEF Water, Sanitation and Hygiene (WASH) Chief made this known in an interview withe the News Agency of

AFC Leads in $170 Million Nigerian Power Privatisation

The Africa Finance Corporation (AFC) has provided a $170 million debt financing facility in conjunction with Guaranty Trust Bank Plc, to the Mainstream Energy Solutions Limited consortium(MESL), for the acquisition of the Kainji Power Plc in the first round of

We are Committed to Expansion in Nigeria, GE Says

In furtherance of its strategic objective to increase the local content of its operations in Nigeria, General Electric (GE) a global technology leader in energy, healthcare and railway transportation, on Tuesday hosted a supplier fair in Calabar, This is the

Blumberg Grain Executes LOI To Expand Its Agricultural Investments To Nigeria With $250 Million

In cooperation with the Government of Nigeria, Blumberg Grain has executed a Letter of Intent (LOI) for a $250 million investment program in the Nigerian agriculture sector. The investment includes a large scale production and distribution facility for Blumberg Grain’s

The Community-led Sanitation Revolution in Nigeria

Women and men, just in from the fields with hoes still in their hands, and barefoot children sit in the shade under a tree. Betty Torkwase Ikyaator asks them to make her a picture of their village in a layer

Enugu Airport gets Remodeled [PICTURES]

Advancing the transformation agenda of the President, the Federal Ministry of Aviation has remodeled Akanu Ibiam International Airport, popularly known as Enugu Airport, upgrading it to match major airports around the world. Here are pictures of the remodeled airport:

Attracting and Retaining Nigerian Youth in Agriculture

We cannot talk about attracting Nigerian youth into agriculture without first commending and appreciating our trailblazers and touch bearers, our old or aged farmers. Without them we will not have any agriculture in Nigeria. They have with them knowledge, experience

EADS to Rename to Airbus Group

European Aeronautic Defence and Space, EADS, a global pan-European aerospace and defense corporation, has announced that it will rename itself Airbus Group. The group includes Airbus which manufactures commercial aircraft, and Airbus Military which manufactures tanker, transport and mission aircraft;

The Role of the Private Sector in Turning Nigeria’s Agricultural Potential into Profit

On Thursday 25 July 2013, Sotonye Anga was a guest presenter at the Agribusiness And Food Secirity Summit, organized by Businessday at Eko Hotel. In his presentation on ‘The Role of Private Sector in Turning Nigeria’s Agricultural Potential into Profit’,

The new ‘Publish What You Pump Campaign’ targets oil industry transparency

A new campaign ‘Publish What You Pump’ launched in Port Harcourt this week by Environmental Rights Action/Friends of the Earth Nigeria, ERA/FoEN, requests that oil companies reveal their exact oil and gas production. According to the group, “The initiative would

New Technology Enables Crops to Take Nitrogen From the Air

A major new technology has been developed by The University of Nottingham, which enables all of the world’s crops to take nitrogen from the air rather than expensive and environmentally damaging fertilisers. Nitrogen fixation, the process by which nitrogen is

Sotonye Anga: Positioning Nigeria as a Global Powerhouse in Agriculture

Sotonye Anga is an agribusiness strategist and enterprise development expert with corporate experience spanning 2 decades in plantation development, export of agricultural commodities and trade consultancy across Africa, Asia and Europe. He is passionate about agriculture as a business, and

UK’s ASET To Take 23 Nigerians on Oil and Gas Technician Training

UK’s oil and gas training academy, ASET has announced that it has finalized a contract worth over £444,000 with Learning Resources Nigeria to train 23 Nigerians for a career in the oil industry. The contract is the outcome of a

China Civil Engineering Construction Corporation Starts Light Rail Project in Nigeria

The China Civil Engineering Construction Corporation (CCECC) on Tuesday laid a foundation stone for the building of Lots 1A and 3 stations in the major light rail project in Nigeria, amid pomp and ceremony. The construction of Lots 1A and

Nigeria Working To Improve Electricity Supply, Power Minister Says

The Minister of Power, Professor Chinedu Ositadinma Nebo, has given a midterm scorecard of President Jonathan’s administration on power, stating plans and achievements. He mentioned ongoing work, and made projections. He said, “The Electric Power Sector Reform (EPSR) Act of

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