INTERVIEW: Why unmonitored borders, fuel subsidy are harmful to Nigerian economy — Matrix Group CEO
“…Subsidy is not good for us. Subsidy is harmful to our economy. Subsidy creates arbitrage. If it is possible, government should avoid fuel subsidy…”
$62bn Controversy: Why Nigeria could not amend contracts with IOCs — NNPC COO
The Chief Operating Officer (Upstream), Bello Rabiu, explains why it has been difficult for the government to renegotiate the fiscal terms and amend the PSC with the IOCs
INTERVIEW: Why I investigated Heineken’s activities in Nigeria, other African countries – Dutch journalist
Olivier van Beemen is also the co-author of an investigative piece on the activities of the former Dutch head of Nigerian Breweries, a subsidiary of Heineken.
INTERVIEW: Why SAP was essential for Nigeria’s economy – Olu Falae
“Shagari created the problem. When Buhari came as military head of state, he slowed down the rate of importation, but continued the issuance of import licenses,” Mr Falae says.
How small-holder farmers can attract funding – Business Heads
The business leads say groups and cooperatives are important structures if small-holder farmers want to be attractive for funding.
Why it’s difficult to enforce local content laws — Board Secretary
Mr Wabote says Nigeria continues to provide leadership and guidance to other African nations that want to understudy its content law implementation.
INTERVIEW: Payment of 33% arrears to over 180 agencies uncompleted — Ex-PTAD Boss
Sharon Ikeazor, who is now a minister, says she transformed the pension agency but work remains to be done.
INTERVIEW: I was rejected by Nasarawa University – Young Nigerian businessman recognised by Forbes
Henrich Akomalafe says he wants to be on Forbes billionaire list.
Why Nigerian indigenous miners are not succeeding – Operator
”The solid minerals sector is facing the challenge of the dearth of capacity. The government must enhance the capacity of those operating in the sector …”
Nigeria’s BOI: What next after N1 trillion asset base
“For the first time in the history of the bank, we surpassed N1 trillion in asset base.”
INTERVIEW: What Nigeria, other African countries must do to fix infrastructure deficit – Ex-AFC President
“We think that if we can have regional infrastructure that cuts across countries we would have helped.”
In major investments, Globacom moves to shape Africa’s digital fortune, future
Globacom says its mandate remains the building of Africa’s biggest and best telecommunications network.
Dubai, Chinese firm battle in Hong Kong for Djibouti Ports
China Merchants Port Holdings controls the controversial 1,150-hectare Port of Hambantota, which Sri Lanka handed over to China on a 99-year lease.
Nigeria Industrial Council and development of road infrastructure scheme
The Executive Order is a Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme.
Six Ministers tell story of decline and recovery of Nigerian economy
The ministers briefed leaders of the Organized Private Sector in a manner that told the story of the economy and addressed contemporary issues.
How technology can boost Nigeria’s untapped cassava wealth
Automated systems can enhance not only the local production of cassava, but the crop’s potential foreign earnings.
NSE: Investors net worth drops by N581bn in November
Diamond emerged worst performing stock in percentage terms, dropping by 53.24 per cent to close at 65k.
INTERVIEW: Intra-African trade: Why we must take our destiny in our own hands — AFREXIMBANK VP
The volume of trade between countries in Africa currently accounts for only 15 per cent of total world trade.
INTERVIEW: How we’re addressing pensions of govt retirees despite challenges – Executive Secretary, PTAD
Sharon Ikeazor also speaks on the allegations levelled against her in the handling of PTAD.
MALABU SCANDAL: Shell, Eni officials’ trial continues as anti-corruption group head appears before court
The trial resumes Wednesday October 24 in Milan.
We expect Malabu corruption trial in Italy to drag for months, Shell tells staff
Emeka Obi, a Nigerian consultant in England, and Gianluca Di Nardo, an Italian, were jailed four years each in September
EXCLUSIVE: I moved to Nigeria from UK for tax reason – Indian Businessman
Although an Indian national, the businessman says he has never worked or done any business in India.
Notore, Eroton partnership enhances productivity at fertilizer plant
Notore is the primary supplier of fertiliser for the ongoing Anchor Borrowers’ Programme (ABP) of the Federal Government.
Why Nigeria’s power privatisation hasn’t achieved full objective — BPE boss
The DG speaks about the (in)efficiencies of the current operators of the electricity distribution companies.