Home Archive by category Business (Page 3)


Business News Top Stories

SMEs: Nigerian govt establishes raw materials centers across 36 States

By Idowu Isamotu, Abuja Less than two months to the end of first tenure of President Muhammadu Buhari-led administration, federal government on Monday disclosed that all arrangements have been concluded to establish Raw Materials Resource and Information Centers in all the 36 states in Nigeria. This, according to the minister of Science and Technology, Ogbonnaya […]
Business News Top Stories

GMOs: Stop testing ‘unsafe’ technology in Nigeria, Environmentalists warn FG

By Idowu Isamotu, Abuja Cross section of environmentalists have again issued a strong warning to Nigerian Government over its move to expand the law seeking to insert extreme forms of biotechnology, including synthetic biotechnology and gene drives into the food systems of the country. The environmentalists, who converged on Abuja during a conference, organised by […]
Business News Top Stories

Buhari’s minister chides Chinese company for delaying Nigeria’s rail project

The minister of transportation, Rotimi Amaechi, has blamed the China Civil Engineering Construction Corporation (CCECC) for the slow pace of work on the ongoing construction of Lagos-Ibadan Standard Gauge rail line. Amaechi expressed disappointment on the progress of work done so far while inspecting the project on Monday. The minister chided the contractor for slowing
Business News Top Stories

World Bank gets new head

The Executive Directors of the World Bank on Friday unanimously selected David Malpass as the new president of the World Bank Group. Malpass’ five-year term will begin on April 9. A statement by the group said the Board expressed its deep gratitude to Interim President, Kristalina Georgieva, for her dedication and leadership in recent months. […]