The Nigeria Sovereign Investment Authority (NSIA) has announced the flagging off of the second edition of the NSIA Prize for Innovation (NPI 2.0), with a prize value of US$220,000 and an all-expense paid, five-week training at Draper University, Silicon Valley, USA. The maiden edition of the NPI Programme commenced with over 2,000 applications and a rigorous […]
The Governor of Ogun State, Prince Dapo Abiodun, has approved the release of another N1 billion gratuity in fulfilment of his promise to cater to the welfare of pensioners. The Permanent Secretary, Bureau of State Pensions, Mr. Adesoji Adewuyi, gave this hinton Monday in his office at Oke-Mosan, Abeokuta Adewuyi explained that the money was […]
The Nigerian National Petroleum Company Limited (NNPCL), is currently exploring collaborative options with the United States Department of State and leading global consultancy firm, Deloitte, on greenhouse gas emissions from OML 34 with a view to abating the rate. The company’s Chief Corporate Communications Officer, Mr. Olufemi Soneye, stated on Monday that the project, which […]
The Federal Government has mulled a new plan to reform the National Youth Service Corps (NYSC) and make it one of the revenue generation agencies for the country. The Minister of Youth Development, Dr. Jamila Bio Ibrahim, who gave this hint when he featured as a guest on Channels Television’s Sunday Politics programme, said, while […]
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has disclosed that about 81% of employed Nigerians are not in any productive sector of the economy. Oyedele, who gave this figure on Thursday at an Africa Trade and Investment Summit, said that while the unemployment rate in Nigeria remained […]
Ogun State Governor, Prince Dapo Abiodun, has inaugurated a 12-man committee of Ogun Invest Ambassador Network to create a robust and seamless working relationship between government and investors, for businesses to thrive. Abiodun, during the inauguration and orientation course for the ambassadors, at Ogun Invest Office, Isheri, in Ifo Local Government Area of the state, […]
The Global Coalition for Social Justice, a voluntary platform open to governments, employers’ and workers’ organizations, international entities, financial institutions, businesses, NGOs, and academia, has recorded a groundbreaking cooperative initiative to tackle social justice deficits with new 100 partners joining its rank. The Coalition aims to improve worldwide collaboration in addressing social justice gaps and […]
The Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Charles Odii, on Tuesday disclosed that the agency provided starter packs to 55 small and medium entrepreneurs in Akwa Ibom State in furtherance of its sustained efforts towards enhancing their businesses. Odii made this disclosure during a training session organized by […]
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, will on Wednesday declare open a two-day strategic management meeting of the Federal Inland Revenue Service (FIRS). The retreat, scheduled to hold in Abuja, will focus on the theme ‘Reimagining Tax Administration for Equity and Economic Growth’. A statement on the forum […]
The Board of Directors of the African Development Bank (AfDB) has approved a capital investment of $10.5 million in a venture capital fund to support innovative African businesses with strong growth potential. Out of the capital investment, AfDB is to contribute $7 million from its ordinary resources and $3.5 million from the European Union Boost […]