ECONOMY

Solar Energy Systems: Power for a Greener World

By Olatunji Adetunji Since the late 90’s the use of solar panel to convert the solar energy (HEAT ENERGY) of the sun into electrical usage, has been believed to be the best alternative for renewable and green energy. The most

Make Lagos A Cooler Place For Your Kids, Plant Trees!

Have you ever stepped of your house into the Lagos heat and wished you could go back in? Do you sit in your car or bus and look at traders hawking handkerchiefs and selling cold pure water, wondering how much

Intelligent Energy and Etisalat Nigeria Announce Fuel Cell Device Collaboration

Intelligent Energy has announced a collaboration with telecommunications company, Etisalat Nigeria, starting immediately. The companies will work together to test personal energy devices powered by Intelligent Energy’s proven fuel cell technology, with an Etisalat user trial to commence in this

Nigeria Introduces “Youth in Agriculture” Initiative to Bolster Agribusiness

The Nigerian Government has introduced the “Youth in Agriculture” initiative to bolster Agribusiness in Nigeria, the Honorable Minister for Agriculture and Rural Development, Akinwunmi Adesina has disclosed. He said it at a Foundation Day lecture at the Federal University of

President Obama To Visit Africa for One Week, Starting In June

The White House has announced President Obama’s second official visit to sub-Saharan Africa. The statement states that, “President Obama and the First Lady look forward to traveling to Senegal, South Africa, and Tanzania from June 26 – July 3. The

Infrastructure Projects in Lagos Surpasses N1 Trillion, Governor Fashola Says

The Lagos State Governor, Babatunde Raji Fashola, has said that infrastructure projects in Lagos, have surpassed the one trillion naira mark. He made this known at the weekend, citing completed, ongoing and expected projects in Lagos State. He said, “All

CBN Extends Cheque Limit Nationwide on June 1st

The Central Bank of Nigeria (CBN) has issued a circular extending the maximum limit of N150, 000 on third party cheque withdrawals nationwide with effect from June 1, 2013. This implies that third party cheques above N150, 000 cannot be

Arik Air Plans Direct Flights Between Nigeria and Brazil

Nineteen years after the Brazilian carrier Varig Air stopped direct flights to the Murtala Muhammed International Airport, Lagos, the only Nigeria carrier designated on the route, Arik Air, is seeking traffic rights and slot allocation from the Brazilian authorities to

Flood Control Underway in Osun State, Authorities Say

The General Manager of the Osun State Emergency Management Agency (OSEMA), Oyetunde Oyesiji has said that the government had intensified its sensitization campaign to avert flood disasters. He said that the government has been on top of the situation as

Aero Offers N10, 000 Fares on All Domestic Routes

Nigeria’s leading regional and domestic carrier, Aero Contractors, yesterday announced its offer of a promotional fare of 10,000 Naira for flights on all domestic routes when booked online from May 14, 2013 to May 31, 2013. This offer is available

In 2014, Nigeria Will Host World Economic Forum on Africa

The Coordinating Minister of Nigeria’s economy, Dr. Ngozi Okonjo-Iweala, has announced that the World Economic Forum (WEF) on Africa, will hold at Abuja in 2014. She made the announcement as the WEF on Africa for 2013 concluded last week in

Nigeria Partners MasterCard for New Identity Cards Scheme

The Nigerian National Identity Management Commission (NIMC) has announced partnership with MasterCard, for the new national identity cards project. The ID would have a two-face design, with citizen information and MasterCard, respectively — on both. It is the first time

Practical Nigerian Content Conference 2013

The Practical Nigerian Content Forum will be taking place once again from 19 – 21 November 2013 in Yenagoa, Bayelsa State. The forum will address the theme; Engaging Communities of Oil Bearing States across the Oil & Gas Industry, creating

AfDB Invests $1 Billion for Portable Water Projects in Nigeria

Water is the most critical resource in any nation. It is the principal measure of the health of a country and how its people live. In Tunisia, as in a number of North African countries, the saying to ‘share someone’s

Nigeria Gets $88.5 Million For Agricultural Transformation Agenda

The International Fund for Agricultural Development (IFAD), has announced a commitment of $88.5 million — to Nigeria — for its Agricultural Transformation Agenda. The president of IFAD, Dr. Kanayo Nwanze who met with the Nigerian Minister of Agriculture and Rural

Nigeria is Now the Best Investment Destination in Africa, Okonjo-Iweala Says

“Nigeria is now the best investment destination in Africa. With a foreign reserve of nearly 50 billion dollars, stable exchange rate, strong banking sector and massive human/natural resources, Nigeria has become one of the most attractive investment destinations in the

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