archiveOctober 2016

The Federal Government has officially made a case for the lifting of the suspension placed on Nigeria’s export of cocoa to the United States’ market. The Minister of Labour and Employment, Senator Chris Ngige, made the call at the weekend during the Labour and Trade Ministerial Roundtable of the Africa...

The scarcity of foreign exchange has hit   hard on the manufacturing sector in Nigeria, prompting calls   on the government   to intervene. President of the Association of Micro Entrepreneurs of Nigeria, Mr. Saviour Ichie, stated this in an interview with Business247 News Online in Lagos, said production companies had collapsed. He...

The Professor of Ceramics Technology, Patrick Oaikhinan, has regretted that Nigeria imports about $600 million (about N252 billion) worth of ceramic products yearly. He said because Nigeria did not produce up to one per cent of the global market demand for ceramics, the nation would continue to lose out in...

  President, Manufacturers Association of Nigeria (MAN), Dr Frank Jacobs Udemba, has reacted to the recent statement of the Finance Minister, Mrs Kemi Adeosu that Nigeria would be out of economic recession before the end of the year, saying that to come out of the recession, manufacturing must be prioritised....

The Federal Government has been urged to maintain its position on the ban on rice importation in to the country through the land borders and encourage more rice farming and processing across the country. Former Minister of Commerce and Industry and one-time President of Manufactures Association of Nigeria (MAN), Engineer...

On the heels of unstable economy and government unclear policies on economy, investors in equities on the Nigerian Stock Exchange (NSE) recorded a loss N127 billion in the past nine months. According to Business247 News Online Investigation, market capitalisation of the equities market opened this year at N9.86 trillion to...

An insurance broker with over 35 years experience in the insurance industry, Mr. Babajide Olatunde-Agbeja is the Chairman/CEO, Boff & Company Insurance Brokers Limited, a firm based in Ibadan, Oyo State. In this interview with ABDUL OLALEKAN KHALIQ, he said the implementation of “No Premium No Cover” policy forces airlines...

Nigerian medical practitioners in the Americas have appealed to wealthy and more privileged Nigerians to rally to the needs of the poor in the society, especially in these difficult times. Making the call for a concerted intervention yesterday in Enugu, the Women's Hat and Tea Forum of the Association of...

Kogi State Governor, Yahaya Bello, has prepared his blueprint in such a way that it would turn the state around for the overall interest of the people, his Chief of Staff, Edward Onoja has said According to him, the governor has outlined his development plans for the state that would...

The Nigerian economy has been ranked 127th out of 138 economies globally by the World Economic Forum Competitive Index, making the country one of the world’s least competitive. This was contained in the 2016-2017 ranking released at the weekend. In the 2015-2016 edition of the Global Competitive Index, Nigeria ranked...