• Internet of Things: Catalyst for Nigeria’s smart cities

    Futurists have long painted a vision of the revolutionary “smart city,” a gleaming metropolis of clean streets and punctual public transport, where issues of crime, congestion and pollution have been engineered into irrelevance. A great deal of people believes that building the smart city will be extremely disruptive, but the ...

  • Africa retains only 1% of $1trn annual maritime trade – AU

    The African Union has said that the value of annual maritime trade within the African continent is in excess of $1 trillion. Ship financing consultant to the AU, Mr. Oumar Seck, who spoke at the Nigeria Ship Financing Conference and Exhibition with the theme: Financing ‘Sustainable Maritime Development in Nigeria’ ...

  • NACCIMA harps on benefits of private sector-driven economy

    The Nigerian Association of Chambers of Commerce, Industry, Mine and Agriculture, NACCIMA, has reiterated its advocacy for policies for a private sector driven economy in Nigeria. Speaking at the workshop on “Sustainable Agriculture under Economic Recession” organized by the Nigerian Association of Agricultural Journalists, NAAJ, the NACCIMA President, Chief Bassey ...

  • Lagos Ideal Destination For Investors – Speaker

    The Speaker of the Lagos State House of Assembly, Hon. Mudashiru Ajayi Obasa, has stated that Lagos State remains the best destination for foreign investors, particularly those from Germany, with its improving infrastructure and secured environment. Obasa spoke in his office in Alausa yesterday, when a delegation of German Parliamentarians ...

  • EFCC Re-arraigns Orji Kalu, Others For Alleged N3.2bn Fraud

    For the fourth time in nine years, the Economic and Financial Crimes Commission (EFCC) yeaterday re-arraigned the former Abia State governor, Orji Uzor Kalu and two others in court over alleged N3.2 billion fraud. But unlike in the past when Kalu, a former Commissioner for Finance in the state, Udeh ...

  • ‘Why NAFDAC, SON, others we must remain at ports,

    Some regulatory agencies at the Ports have given reasons why they should remain at their duty posts. They said as a result of their critical functions in preventing life-threatening imports, it would not be in the best interest of the country to be asked to leave the ports with other ...

  • Kano Assembly okays life imprisonment for kidnappers

    The Kano State House of Assembly on Monday in Kano passed into law, the bill seeking life imprisonment for kidnappers in the state. The Majority leader of the Assembly, Alhaji Yusuf Atta, read the Kidnapping, Abduction and Forced Labour Amendment Bill 2016 before the Assembly. Speaking shortly after the plenary, ...

  • Ex-CBN chief backs FG’s plan to borrow $29.9bn

    Dr Titus Okunronmu, a former Director of the Central Bank of Nigeria, on Monday commended the Federal Government for its plan to borrow $29.9bn to finance infrastructure development in the country. Okunronmu, an ex-staff of the CBN’s Budgetary Department, told the News Agency of Nigeria in Ota, Ogun State, that ...

  • Abuja Uber partners on strike over poor earnings

    Ife Ogunfuwa Over 150 transport service providers working in partnership with Uber in Abuja are on strike over low earnings and poor incentives. Some of them took to Twitter on Monday to express their grievances using the hash tag #UberAbujaStrike. One of them who spoke with our correspondent via the ...

  • Nigeria: Create Special Bank for SMEs, Govt Told

    [Daily Trust] An economist, Dr Ifeanyi Asogwa, has called on the Federal Government to create a special bank for Small and Medium Enterprises (SMEs) in Nigeria to propel efficiency in the sector.

  • Gombe target continental ticket

    Idris Adesina Newly-promoted Premier League side, Gombe United, have said their eyes are set on winning one of the continental tickets in the league next season. Gombe, along with Remo Stars and Katsina United, got promotion to the Nigerian  topflight after winning  their division in the Nigeria National League. Coach ...

  • The judiciary and the DSS raid

    Nigeria is at a cross roads in our march to nationhood. We are faced with critical questions whose resolution will determine our ability to take our place in the comity of civilised nations. These questions focus more on the software of democracy especially about the rule of law and its ...

  • LASG shuts water packaging factories

    Sesan Olufowobi The Lagos State Water Regulatory Commission (LSWRC) has sealed off facilities of some water service providers in the state for alleged non-compliance with the state’s water sector law. The LSWRC stated on Sunday that the action was as a result of the determination of the government to ensure ...

  • NPA Generates N84.7bn From Eastern Ports In 9 Years

    The Nigerian Ports Authority (NPA) has collected a total sum of $481million (N76.9billion at prevailing rate of N160 per dollar ) and N7.81billion respectively from the Eastern Ports in nine years (2006-2015). The revenue collected from 2006-2015 was generated in local and foreign currencies (dollars) in the years under review. ...

  • Biafra clamour illegal, says minister 

    •Igbo leaders: respect Igbo, release Kanu Those clamouring for a Republic of Biafra are doing so without the mandate of Igbo people. Besides, they are carrying out an illegal activity, Minister of Foreign Affairs Geoffrey Onyeama said at the weekend He advised the Movement for the Actualisation of the Sovereign ...

  • Nigeria’s $29billion Fresh External Debts And Her International Image

    The 2016 budget presented by President Muhammadu Buhari may have returned Nigeria into the unenviable profile as Africa’s most indebted country raising concerns about implications for the nation’s foreign policy and diplomacy. In the approved fiscal plan which took effect in April, the Buhari administration planned to borrow N1.8 trillion ...

  • Nigeria services foreign debts with $1.62bn in five years

    Everest Amaefule External debts have cost the nation a total of $1.62bn in interest payment in the last five years, an investigation by our correspondent has shown. Statistics obtained from the Debt Management Office showed on Friday that the country spent a total of $331,059, 850 on servicing its external ...

  • Oyo schools: We’ll deal with wayward pupils, says govt

    Olufemi Atoyebi Oyo State government has vowed to deal with schoolchildren who disrupt the peace of the state for any reason. The government stated this following Thursday’s rampages by some pupils in five schools in Oyo town and Ibadan over the decision of the government to cancel automatic promotion in ...

  • No man can care for my wife like me – Igbokwe

    The Publicity Secretary of the All Progressives Congress in Lagos State, Mr. Joe Igbokwe, shares his fatherhood experience with MOTUNRAYO JOEL What do you enjoy most about being a father? I enjoy doing my duty as a father; providing for my children, paying their school fees, buying clothes for them, ...

  • Overcoming challenges is fun —Bukola Shittu

    Helina Gbadegesin Bukola Shittu, the CEO of Urban Konnect Logistics, talks about her career What are your qualifications? I studied Urban and Regional Planning at the University of Lagos.  Urban Konnect Logistics is a logistics and haulage company. We move items from end to end and provide business support to ...

  • Perfection is a journey that never ends – Akintola

    The Founder, Milk & Honey, Ms. Omolola Akintola, 24, speaks about her food service industry business, in this interview with IFE OGUNFUWA Can you give a bit background of yourself? I was born in Ibadan, Oyo State, and I spent my formative years there before going to further my education ...