Olamilekan Adegbite, the minister of Mines and Steel Development, says Ajaokuta Steel Company Limited will function to capacity before the end of President Muhammadu Buhari’s administration. Mr Adegbite made this known during the Newsextra24 He said the federal government had made effort to ensure that the Russian company that built …
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Patricia Relocates Headquarters From Lagos To Estonia After Cryptocurrency Ban
Nigerian Fintech company, Patricia has announced that it has relocated its operations to the Republic of Estonia and its headquarters will now be domiciled in the Northeastern European country. According to the startup, the move is in response to the ban on crypto trading by the Nigeria Government as well as part …
Read More »How FG Plans To Boost Export With ₦50 Billion ESP Funding
Following the official launch of the Economic Community of West African States (ECOWAS) Trade Promotion Organizations (TPO) Network last Friday towards increasing the volume of trade within the region, Nigeria is poised to boost its non-oil exports leveraging the platform. The Executive Director /CEO of the Nigerian Export Promotion Council, …
Read More »Lagos To Support 3,000 Agricpreneurs In Business
The Lagos State Government, under the leadership of Mr. Babajide Sanwo-Olu will be supporting over 3,000 agripreneurs in business come July 29, 2021, 70% of them being the youth and women.* Put into great consideration were the value chains most affected by zoonotic diseases and the pandemic, resulting in …
Read More »FG Removes 7% Waiver On Aircraft, Spares
The Federal Government has granted a seven per cent tax waiver on imported aircraft and spares into Nigeria. The Airlines Operators of Nigeria, which disclosed this in a statement made available to our correspondent on Wednesday, said the government had been prompt in responding to the request made by the …
Read More »Petrol Price Will Rise To N1,000 Per Litre When Petrol Subsidy Ends — DPR
The Department of Petroleum Resources says the pump price of petrol in Nigeria may rise up to as much as N1000 per litre when the petrol subsidy regime comes to an end without an alternative energy source. DPR Director, Sarki Auwalu, stated this while responding to questions and comments generated …
Read More »Disable Windows Print Spooler Or You Could Be Hacked, Says Microsoft
Facepalm: Microsoft is once again advising its customers to disable Windows print spooler, after a new vulnerability that allows hackers to execute malicious code on machines has emerged. While a patch fixing the flaw will be released in due course, the most effective workaround currently on the table is to stop …
Read More »Meet The Female Banks CEOs In Nigeria
The banking sector is presently witnessing an increase in the number of female managing directors/chief executive officers. Over the years, these remarkable women climbed the career ladder to get to the top after starting at the bottom. With dint of hard work, consistency, dedication and ambition, they successfully changed the …
Read More »FG To Take Possession Of Looted Benin Bronze When Returned From Germany
Obaseki Vs Oba Of Benin: FG Reveals Who Will Take Possession Of Looted Benin Bronze The Federal Government has said that in line with operative conventions and laws, it will take ownership of the 1,130 looted Benin bronzes expected from Germany. Lai Mohammed, the Minister of Information and Culture, disclosed …
Read More »Dangote Refinery: Bailing Out The Unbailable – Investment Or Bailout?
It was hailed as the best thing to happen in the oil and gas sector especially in Nigeria – a serial importer of crude products. The year was 2013 and in September of that year, Aliko Dangote, Africa’s richest man, announced yet another of his gargantuan projects – the construction …
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