Business
Weststar returns with FIAT Tipo
Italian auto, Fiat, is back to the Nigerian auto market with the new Fiat Tipo, courtesy of Weststar Associates Limited, Authorised General Distributors of Mercedes-Benz products and FIAT in Nigeria. FIAT, is known for their passion to manufacture cars that represent a progressive automotive future. This, Weststar said the decision…
Read More »35 electricity turbines down in 15 GenCos
About 2,514mw of electricity cannot be utilised due to 35 idle generation turbines across 15 Generation Companies (GenCos), even as the national grid peaked at 4,464 megawatts (mw) last Sunday shortly before the Democracy Day celebration. The causes of the unutilised electricity were traced to non-availability of gas to power,…
Read More »Chi Farms partners Nollywood to train farmers
Chi Farms Ltd. is partnering Nollywood to produce edutainment series that will help in building the capacity of farmers. The company has started to shoot its first mini-series of eight episodes in Epe with a focus on catfish farming. The series will cover the daily struggles of a catfish farmer…
Read More »FG approves committee to fix new minimum wage
Nigeria’s Federal Executive Council chaired by Acting President Yemi Osinbajo has approved a 29-member National Minimum Wage Committee to negotiate with labour unions and work out a new minimum wage. Labour Minister, Dr. Chris Ngige announced this at the end of the meeting in Abuja, and said members will be…
Read More »2 minors arrested for vandalising Enugu Electric Installations
Two minors were among the vandals arrested in Owerri, Imo State by members of a neighbourhood watch. The vandals, who are identified as Nnaemeka Azuna (16 years) and Ugochukwu Malachy (13 years) were cutting aluminium conductor cable belonging to the Enugu Electricity Distribution Company (EEDC) when luck ran out on…
Read More »Why recovered loot can’t fund budget –Adeosun
Minister of Finance, Kemi Adeosun has ruled out the chances of Federal Government relying solely on recovered loot from former political office holders as basis for funding the 2017 budget. Speaking at an Abuja Town Hall meeting in Abuja, Adeosun said the government was working to block wastage, increase GDP…
Read More »Rwanda government fines MTN $8.5m
Rwanda’s telecom industry regulator has fined MTN Rwanda, a division of South Africa’s MTN Group, 7 billion francs (8.5 million dollars) for running its IT services outside the country in breach of its licence. The regulator said in a ruling posted on its website in Kigali that MTN Rwanda was…
Read More »Oil workers threaten to down tool
Workers from Shell, Chevron, Total and Eni said they have joined a 3-day warning strike in solidarity with their members in Exxon Mobil. Chika Onuegbu, a Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) official in Port Harcourt had told Bloomberg the workers had started an initial three-day…
Read More »Lagos Port road needs N4.3b
The funding of the project concerning the Wharf Road, Creek Road, Tin Can Island Access Road, Cocoanut Roads leading to Mile 2 and the Oshodi/Oworonshoki Expressway will gulp the sum of N4.3 billion, the Managing Director of the Nigerian Ports Authority (NPA) Hadiza Bala Usman has said. She said the…
Read More »Aligbe says Med-View, others need FG’s support over intl. flights
Aviation Analyst and Consultant, Mr. Chris Aligbe yesterday hailed move by Med-View Airline to commence Dubai routes, urging the Federal Government to support the carrier and others like it flying the country’s flag abroad. He said government should begin to see the need to integrate the carriers into the economy…
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