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Agriculture Banking Business Capital Market

Forex restriction: Agriculture sector can provide 50 million jobs – NASME

The Nigerian Association of Small and Medium Enterprises (NASME) has stated that the agriculture value chain can provide over 50 million jobs if the Federal Government stops forex restriction as well as place an outright ban on food import. The Chairman of Agricultural Group of NASME, Lagos Chapter, Adam Adebayo made this suggestion in Lagos […]
Business Power & Energy

Osinbajo faults DisCos performance

…Says Nigeria needs a new strategy Yemi Osinbajo, Nigeria’s vice president, has faulted electricity distribution companies (DisCos), accusing them of performing below expectation. Speaking at the inauguration of some transmission lines at in Abeokuta, Ogun state capital, on Thursday, Osinbajo said the 11 DisCos are only able to distribute 4,000MW or less out of 7,000
Business

New Lagos-Ibadan railway ready in May— NRC boss

The Managing Director, Nigerian Railway Corporation (NRC), Mr Fidet Okhiria, has said that the 156-kilometre new Lagos-Ibadan railway will be ready in May, this year. Okhiria, who disclosed this via the NRC Twitter handle, @Official_NRC, on Monday, also said commercial operation would commence on the 85km Iju-Abeokuta section. The corporation had on February 25, 2019, […]