Business
Rice farmers seek early loans provision for production
The Rice Farmers Association of Nigeria (RIFAN), Kaduna State chapter, has called for early provision of loans to its members to enhance rice production during the 2017 cropping season. The Secretary of the association, Mr Ishaya Audu, made the appeal in an interview with the News Agency of Nigeria (NAN)…
Read More »Lufthansa introduces internet above the clouds
German airline, Lufthansa and Austrian Airline is offering its customers unlimited surfing and streaming in the skies over Europe. The airline said that this will be the reality on many Lufthansa and Austrian Airlines aircraft on many of their short- and medium-haul flights. This means a seamless Internet connectivity from…
Read More »NECA swipes government over May Day rally disruption
Nigeria Employers’ Consultative Association (NECA), has taken a swipe at the government for the turn of event at the 2017 National Workers Day Celebration in Abuja. Aggrieved Nigerian workers had barred government officials which included the leadership of the National Assembly and some Federal Ministers from delivering their prepared addresses…
Read More »Electricity grid loses 429mw
The Nigerian electricity grid has lost 429 megawatts (mw) last Sunday as it dropped to 3,598mw, when the April month ended. Industry statistics obtained yesterday indicated that generation had fluctuated significantly from the 4,518mw attained earlier in the week to a low level of 113mw, with a total system collapse…
Read More »Sterling Bank kicks back at alleged sack of 650 Staff
Sterling Bank Plc has debunked reports that it sacked 650 staff members. The bank said in a statement on Thursday that the affected workers were not workers of the bank but were assigned to the bank. It said that the affected workers were returned to the service providers that had…
Read More »Guinness Nigeria Q3 revenue grows by 29%
Alcoholic beverage manufacturer, Guinness Nigeria Plc, has recorded a Q3 revenue growth of 29%. Guinness, a subsidiary of Diageo Plc, made the announcement in its unaudited results for the nine months ended 31 March, 2017. The results detail revenue growth of 29% and a 6% increase in gross profit when…
Read More »FG deepens ease of doing business in Nigeria
The Federal government is targeting to improve the country’s image on ease of Doing Business. To do this, the government has released a fresh reform to consolidate and deepen the impact of the ease of doing business plan in Nigeria. The Presidential Enabling Business Environment Council (PEBEC) on Wednesday released…
Read More »Mercedes-Benz Sprinter- one vehicle fits all
People, who are looking for a vehicle that will answer all of their transportation need, will find the answer in the new Mercedes-Benz Sprinter. The Mercedes-Benz Sprinter is a spacious, refined van that offers mobility in an economical and sustainable manner. With its low emissions and fuel consumption, the Mercedes-Benz…
Read More »Aviation authority commences investigations into Aero Contractors smoke incident
The Nigerian Civil Aviation Authority, NCAA, has begun investigation into the smoke in an Aero Contractors aircraft enroute Lagos from Port Harcourt. Sam Adurogboye, General Manager, Public Relations, NCAA, confirmed the development to the News Agency of Nigeria in Lagos on Wednesday. The Aero Contractors flight NG316 was engulfed in…
Read More »EEDC sensitises customers on its smart prepaid meters
Enugu Electricity Distribution Company (EEDC) has embarked on a sensitisation program on the Smart Prepaid Meters currently being deployed to its customers across the South east. The move, the company said is aimed at educating its numerous customers about the prepaid meters. EEDC said in a statement that the rational…
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