Insurgency: Nestle Predicts Lower Consumer Spending
Nestle Nigeria Plc, which suffered a decline of about four per cent in its first quarter ended March 31, 2013, may record a further decline in fortune as the company...
NIGERIA: FG Seeks National Policy on Weights and Measures
The Permanent Secretary of the Federal Ministry of Industry, Trade and Investment, Mr. Dauda Kigbu, has called on Inspectors of Weights and Measures to come up with a new national...
NIGERIA: Develop Framework to Tackle Poverty, Firm Urges FG
The federal government has been advised to develop a framework for achieving an inclusive economic growth that is capable of reducing unemployment and poverty in the country. The FSDH Merchant...
NIGERIA: FG Moves against Electricity Asset Theft, Vandalism
The Federal Government has initiated measures to curtail theft and vandalism of assets in Nigeria’s electricity industry with the inauguration of a technical committee to develop strategies for same. Minister...
NIGERIA: Oil Companies, Others Shy Away from FG’s Metering Measures
The failure of companies operating in Nigeria’s oil and gas industry to comply with the federal government’s regulation on standard weights and measures has continued to constitute huge sources of...
NIGERIA: FG Approves $1.72 bn Counterpart Funding for Hydro Dams
The Minister of Power, Prof. Chinedu Nebo, has disclosed that the National Economic Council (NEC) has approved a total of $1.72 billion as part of Nigeria’s counterpart funding for the...
Shell Galvanises Support for Proactive Road Traffic Management
The Shell Petroleum Development Company (SPDC) has thrown its weight behind proactive management of vehicular traffics across Nigeria’s road network, which is put at approximately 193,200 kilometres going by a...
Shell Reaffirms Commitment to Nigerian Content
Shell Nigeria has reaffirmed its commitment to the Nigerian content initiative in the oil and gas industry, saying the initiative was good not only for Nigeria but for the multinational...
NIGERIA: Dangote Hits $20bn Mark, Now 25th Richest in the World
In line with his goal to become one of the five wealthiest people in the world in four year's time, Aliko Dangote kept faith with his target last week, when...
World Bank, ADB Commit $2bn to Nigeria’s Agric Sector
Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has revealed that Nigeria’s development partners have committed about $2 billion into the country’s agricultural transformation agenda. Adesina said this in...