NNPC says reports it bribed NANS, funded vote-buying in Ondo false
BEN EGUZOZIE
October 16, 2020
Ben Eguzozie, in Port Harcourt State-owned oil company, Nigerian National Petroleum Corporation (NNPC), says reports that it bribed the National Association of Nigerian Students (NANS) and funded the All Progressives Congress (APC) to buy votes in the September 2020 Ondo State gubernatorial elections are false. It said a section of the media (not including Business […]
Delta contests Financial Derivatives’ ‘fairly miserable state’ assessment
BEN EGUZOZIEOctober 16, 2020
Ben Eguzozie, in Port Harcourt The Delta State government has described as faulty and a misrepresentation of the prevailing economic indices in the state, a publication by the Financial Directives Company (FDC) on the state’s economy, in which it (FDC) described the oil-rich state as fallen under the “fairly miserable states in the country” ranking. […]
Cross River begins performance review of top 50 revenue generating MDAs
BEN EGUZOZIEOctober 16, 2020
Ben Eguzozie, in Port Harcourt With N16.73bn, state was among top ten IGR in 2019 Cross River’s ministry of finance (CRSMoF) and the state’s internal revenue services (CRIRS) have begun a review of the performance of the state’s top 50 revenue generating ministries, departments and agencies (MDAs). The review is combined with a strategy session […]
Pressures from bread, cereals, potatoes, yam, meat, fish, fruits, oils, fats prices push Nigeria’s inflation to 2 year high
Charles AbuedeOctober 16, 2020
Charles Abuede Food, core inflation indexes rise by 16.66 and 10.58 per cents Lowest records in all items inflation found in Lagos, Abuja and Kwara Nigeria’s headline inflation rose by 1.48 per cent in September 2020 to hit 13.71 per cent from 13.22 per cent recorded in August and indicating 49 basis points increase from […]
LEARS employs USSD to provide ease of access, says Visual Earth’s Allo
Saviour AdugbaOctober 14, 2020
Saviour Adugba Nicholas Allo, director of Visual Earth, the organisation that partnered with the University of Texas to deliver the Lagos State Emergency and Accident Reporting Services (LEARS), has told Business A.M. that his organisation decided to make use of Unstructured Supplementary Service Data (USSD) for the technology being deployed by LASAMBUS because it wants […]
By deploying LEARS, we aim to achieve quicker response time, says LASAMBUS director, Kola-Korolo
adugbaesaviourOctober 14, 2020
Saviour Adugba Available on USSD string *568*767# Lagosians can download LEARS app from Apple App Store or Google Play Store. Olusegun Kola-Korolo, the director of the Lagos State Ambulance Service (LASAMBUS) has stated that the emergency services provider is looking to achieve a quicker response time with the deployment of the Lagos State Emergency & […]
Cross River bets on world’s $928bn renewable energy market with W2W pilot project
BEN EGUZOZIEOctober 14, 2020
Ben Eguzozie, in Port Harcourt Cross River is betting on the renewable energy initiative with a global market worth of $928.0 billion as of 2017. It is the way being taken by most serious governments around the world to improve their energy mix. Checks said renewable energy market size is expected to reach $1.512 trillion […]
Belgian maritime company, Antwerp Port, eyes Cross River’s $2bn Bakassi deep seaport project
BEN EGUZOZIEOctober 14, 2020
Ben Eguzozie, in Port Harcourt Cross River governor, Ben Ayade’s dream of actualizing a deep seaport at Bakassi, which cost has been put at $2 billion may be gradually attaining reality, with the expression of interest made on the project by Antwerp Ports International of Belgium. Stefan Cassimon, the port director of Antwerp Ports International, […]
Nigeria manufacturers’ export group demands payment of N200bn outstanding EEG debt
Onome AmugeOctober 12, 2020
Onome Amuge The Manufacturers Association of Nigeria Export Promotion Group (MANEG) has charged the federal government to pay the outstanding Export Expansion Grant (EEG) debt amounting to N200 billion to revitalise the non-oil export sector. Ede Dafinone, chairman, MANEG, who spoke on behalf of the exporters said companies that exported different kinds of products or […]
N5bn UNN fundraiser targets infrastructure as Peter Obi, businessman former governor, spearheads drive
Onome AmugeOctober 9, 2020
Onome Amuge A N5 billion fundraiser by Nigeria’s premier indigenous university, University of Nigeria, with two major campuses at Nsukka and Enugu in Enugu State, south eastern Nigeria, is targeting tackling the state of infrastructure at the university. The development fund raising campaign is been spearheaded by Peter Obi, a businessman and the immediate past […]
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