Wednesday 17th July 2019
Wednesday, 17th of July 2019
Home / News / Business (page 4)

Business

Realnews launches Mobile App

Maureen Chigbo

The Realnews Magazine and Publications Limited, a Nigerian-based news publication outfit, has created an Android and Windows 10 Mobile Apps for Realnews magazine, its online publication. The Apps can be downloaded via links below for national, regional and international news and breaking stories. The Android link is: https://play.google.com/store/apps/details?id=com.realnews.magazine&hl=en The Windows link is: https://www.microsoft.com/en-us/store/p/realnews-magazine/9p9sgk05vx35 Through the Apps, Realnews will be disseminating well investigated stories on national and international issues ...

Read More »

Three $2.4m projects to spur SME development in Africa

Olivier Eweck

Donors to the Fund for African Private Sector Assistance (FAPA) – consisting of the African Development Bank (AfDB), the Government of Japan and the Government of Austria – have approved three catalytic projects totalling some $2,480,000 to stimulate the growth of Africa’s small and medium enterprises (SMEs). These grants will help strengthen the participation of Africa’s SMEs in financial markets and the ...

Read More »

Africa must build digital infrastructure to compete in 4th Industrial Revolution, says Adesina

Akinwumi Adesina, President of the African Development Bank

To compete at the accelerated pace of technological innovations and the 4th Industrial Revolution, Africa has to put in more money into training its people and equipping them with the skills they need for the jobs of the future, Akinwumi Adesina, the President of the African Development Bank (AfDB), has said. He also called on African countries to rethink the ...

Read More »

AfDB’s Economic Outlook shows decline in regional economies

Célestin-Monga

The African Development Bank (AfDB) has expanded its flagship publication, the African Economic Outlook, with five regional reports. The regional economic studies were released in Tunis (North Africa), Abidjan (West and Central Africa), Nairobi (Eastern Africa) and Pretoria (Southern Africa). “By offering regional approaches for the first time, we want to leverage the Bank’s expertise and give more depth of analysis ...

Read More »

NEITI hails National Assembly over petroleum bill

Waziri Adio

The Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed steps by both chambers of the National Assembly to pass the Petroleum Industry Governance Bill (PIGB). The decision of the Senate and the House of Representatives to consider the bill as priority resulting in its eventual passage is bold, courageous and progressive, says NEITI, given the challenges the bill has passed ...

Read More »

NEITI’s interventions saved extractive sector from collapse, says senator

Waziri Adio

The Chairman, Senate Committee on Federal Character and Inter-Governmental Affairs, Senator Tijjani Yahaya Kaura, says intervention of the Nigeria Extractive Industries Transparency Initiative (NEITI) in the management of the nation’s extractive sector has saved the sector from imminent collapse. Senator Kaura stated this recently in Abuja when NEITI appeared before the Committee to defend its 2018 budget proposal. Senator Kaura ...

Read More »

Nigeria’s oil revenues plunged by 55% to $24.8b in 2015 – NEITI

Waziri Adio

Nigeria’s oil and gas revenues plunged from $54.5 billion in 2014 to $24.8 billion in 2015, while the country’s oil production fell from 798 million barrels in 2014 to 776 million barrels in 2015, the Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed. According to the NEITI 2015 Oil and Gas Industry Audit Report, the total outstanding revenue from the ...

Read More »

The twists and turns around 34-year-old Ajaokuta Steel Company

Ajaokuta Steel

The steel industry is said to be the backbone of any nation. The industry will continue to serve as stimulus to national development and economic boaster to industrial growth of a country. The Ajaokuta Steel Company in Kogi State of Nigeria was envisaged to serve as the bedrock of the nation’s industrialisation. The idea of having a steel industry was ...

Read More »

35 N/Delta youths get N14m Shell business start-up grant

Igo Weli Shell

The Shell Petroleum Development Company (SPDC) on Thursday, December 21, 2017 gave cheques for N14 million to 35 graduates in its 2017 Regional LiveWIRE Entrepreneurial Programme. The News Agency of Nigeria (NAN) reports that the event took place in Effurun, Delta State. Each of the beneficiaries got N400,000 as a business start-up grant. The General Manager, External Relations of SPDC, ...

Read More »

Shell honoured for Nigerian content development

Shell Petroleum Development Company

The Petroleum Technologies Association of Nigeria (PETAN) has honoured Shell companies in Nigeria with the Aret Adams Award for Excellence in recognition of their “outstanding contributions to the development of local content in the Nigerian oil and gas industry.” PETAN, comprising 89 indigenous companies in the upstream sector of the oil and gas industry, announced the recognition at the 2017 ...

Read More »