OTHER BUSINESSES

Former President, Chief Olusegun Obasanjo, is expected to lead discussions on 'Food Security and Sustainable Agriculture in Nigeria' at this year’s 23rd Annual LAPO Development Forum scheduled to hold in Abuja next week. The Honourable Minister of Agriculture and Rural Development, Chief Audu Ogbeh, is expected to be Special Guest...

Kenya Airways (KQ) has announced the suspension of flights to Abuja in Nigeria and Gaborone in Botswana from November 15 as part of its latest network restructuring. However, Gaborone will continue to be served multiple times a day together with partners via Johannesburg. KQ flies three times a day to...

The Nigerian Customs Service (NCS), Tin-Can Island port command, Apapa, seized a suspected 20 feet container belonging to a Lagos-based company, Nigerite on Thursday. The container was laden with 200 piece of the substance The company, Nigerite engages in the manufacturing, marketing and installation of new technology cement fibre roofing...

A total of 55% of the world’s populations are still missing on the Internet access radar. Ericsson, a Swedish technology firm, which disclosed this, while unveiling another set of solutions to help bridge global digital divide and bring mobile broadband coverage to the remaining three billion people who are underserved...

The Federal Government of Nigeria plans to raise, with the help private investors, a fund worth 1 trillion naira ($3.3 billion) to finance mortgages for low-income earners, the Vice President, Yemi Osinbajo said on Tuesday. Nigeria with population of more than 180 million people, suffers from a housing shortage. Few...

Jumia Travel, a leading online hotel-booking company, has officially launched the web version of the Extranet App, an application that aims to give more flexibility and independence to hotel managers. The company, by this, is seeking to further empower its hotel partners across all markets with top-notch technology by unveiling...

There is a minor shakeup in the National Insurance Commission (NAICOM) has some directors have been redeployed to new portfolios in a minor reorganisation and rotation of heads of directorate in the commission. A statement from the Head, Corporate Affairs, NAICOM, Mr. Rasaaq Salaami, and made available to Business247 News...

  Multi-billion naira resource centre rots away Nigeria's apex maritime regulatory organ, the Nigerian Maritime Administration and Safety Agency (NIMASA), owes the landlord of its operational office overseeing the Lagos Port Complex (LPC), Apapa, Lagos State, a princely sum of N30 million, covering outstanding rents and service charges for 2015...

Great Nigeria Insurance (GNI) Plc has completed the sale of 75 per cent stake to Insurance Resourcery Consultancy Services Limited (IRCSL), which by this transaction becomes a major shareholder in the insurance company. This marks the closure of the acquisition process which began five years ago, precisely, on 28th September,...

Barring last minute disagreement, chunk of pension funds will soon be injected into some power plants projects being conceived by some Nigerian investors. The investors, it was learnt, are already having discussions with Pension Fund Administrators, on how to seal the deals. The President, Pension Fund Operators Association of Nigeria...