Dangote Group has raised the scale of standards in Senegal’s construction sector, with the introduction of the higher quality 42.5 grade cement into the African country. The company rolled out products from its $300 million Cement Plant in Senegal amidst excitement by the country’s
Economy
The federal government has announced plans to secure a $2 billion loan from the World Bank and the African Development Bank (AfDB) in a bid to aid the implementation of its policies and programmes for the year. The federal government made its plans known during an interactive session with journalists in Abuja organised by the […]
Stakeholders are calling for the restructuring of the educational sector to accommodate specialized training of innovators to drive economic diversification. Speaking at the 2015 Verdant Zeal Innovention Summit held in Lagos, foremost economist, Professor Pat Utomi, noted that education and culture were critical to developing growth and development through innovation. He
The Federal Ministry of Finance (FMF) has held three days orientation and employability training for interns and participating firms under the Graduate Internship Scheme (GIS) of the Subsidy Reinvestment and Empowerment Programme (SURE-P). According to the ministry, the training was part of efforts to reduce the current alarming rate of graduates’ unemployment in the
The New Minister of State for Industry, Trade and Investment, Chief Kenneth Kobani has assumed duty at the Headquarters of the Ministry in Abuja, pledging to give priority attention in line with the ministry’s mandate to growing the economy through promotion of non-oil and industrial sectors. On arrival the Kobani was received by the Permanent […]
The Nigeria Communication Commission (NCC), has disclosed that Nigeria has achieved a teledensity of 100 per cent as at January 2015, despite a challenging operating environment. The Executive Vice Chairman of NCC, Dr. Eugene Juwah, was represented by the NCC’s Director of Public Relations, MrTony Ojobo, announced this in Enugu on Sunday at a […]
The Federal Government has expressed confidence that the Petroleum Industry Bill, (PIB), before the National Assembly will be passed before the end of the current political dispensation which terminates by May 29. Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke who was represented by Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mr.
The British economy is heading for a spell of deflation as official figures are expected to show that inflation dropped to 0.1% last month. Analysts expect the UK’s consumer price inflation figure for February to fall from 0.3% in January, driven by lower energy and food prices. Some economists think the monthly update from the […]