OTHER BUSINESSES

Microsoft has partnered with Future Project, a non-governmental organization on economic development and technology incubation. The project, which is aimed at equipping 2,500 youth across the six geopolitical zones in Nigeria through training and deployment of funds is to build “socially inclined, high profit, and highly competitive enterprises capable of...

Organisers of the Top 50 Brands Nigeria said Shoprite and Channels television may be listed on the Top 10 Brands to watch in Nigeria, as plans are concluded for the 2017 edition of the Top 50 Brands Nigeria award. According to the Chief Executive Officer, Top 50 Brands Nigeria, Taiwo...

The National Council on Privatisation (NCP), which is chaired by the Vice President Yemi Osinbajo, SAN, has approved the commencement of the privatisation of Afam Power plants 1-5 to inject additional power into the national grid and improve electricity nationwide. The Council also approved the pursuit of an out-of-court settlement...

The Director General of the Nigerian Tourism Development Corporation (NTDC), Mr. Folarin Coker has said that for international tourism market to grow, Nigeria needs a strong domestic market because domestic tourism is the only form of sustainable tourism. Coker made this remark in his keynote address which had the theme...

The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi Ojaja II has launched Goldberg’s empowerment scheme, Isedowo and commended Nigerian Breweries Plc for the initiative at the flag-off of the campaign on Thursday, 31 August 2017. The event, which held at the palace of the revered monarch in Ile Ife, Osun...

The Nigerian Communications Commission, NCC, on Thursday warned Nigerians against the use of sub-standard phones, saying this was responsible for some cancer ailments. An official of the commission, Kunle Olorundare, gave the warning at a stakeholders’ workshop organised by the Ibadan Zonal office of NCC at the popular Fayose GSM...

*There is a great deal of enthusiasm on our part to help private sector succeed, VP tells visiting UK Ministers. As the Buhari administration continues its drives to promote private sector partnership, it remains ready to provide the necessary assistance to private investors looking to invest in the country, according...

The Federal Executive Council (FEC) meeting on Wednesday approved an engineering contract worth $5.792 billion for the Mambilla Hydro Electric Power Project. The council meeting which was presided over by President Muhammadu Buhari, awarded the contract to a Chinese civil engineering firm. Minister of Power, Works and Housing, Babatunde Fashola,...

The management of United Bank for Africa Plc, has said that it had applied to the Financial Services Authority of the United Kingdom for a banking license in its bid to further connect Africa to the world through global financial centres, complementing its existing presence in New York and Paris....

Lagos State government wants effective enforcement of Compulsory Insurance Scheme (CIS) in its territory to mitigate risks resulting from violation of insurance regulations in various sectors. The authorities have, therefore, constituted an enforcement team to tackle abuses by individuals and corporate bodies engaged in environmental and related activities within the...