Features Economy General

The Shifting Landscape: The Rise of POS Terminal Operators in Nigeria

By Paul Chimodo In the bustling streets of Nigeria, a quiet revolution is taking place. Where once stood the ubiquitous recharge card vendors, now flourish Point of Sale (POS) terminal operators, forming a new breed of small business owners. As the economic climate becomes increasingly challenging, with rising unemployment and stagnating job opportunities, a growing

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Economy General

Product ready entrepreneurs emerge in Delta through training

By Kasarachi Azuka, Asaba Any entrepreneur that has not become product-ready may be viewed as unserious. Now, Delta State seems to understand this and wants to make their entrepreneurs to avert that status. Details: Delta State Government has held a two-day Eco Action Summit/Fair wherein it trained entrepreneurs in the state to have products ready

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Economy General

PH may become human capital centre in Africa as Garden City Premier Business School seals deal with Chinese investors

China and other economic powerhouses in the world admit that Africa is the next frontier and that manpower development is the key to unlock the future human capital centre. For this, China is said to be desirous of creating a specialized training centre in Africa and Port Harcourt, Rivers State capital, seems to be a

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Economy General

3 suspected vandals of power installations arrested in Enugu State- TCN

The Transmission Company of Nigeria (TCN) has announced the arrest of three suspected vandals allegedly responsible for damaging power line installations in Agbogugu, Enugu State.In a statement issued in Abuja on Thursday, Ndidi Mbah, TCN’s General Manager of Public Affairs, said the arrest took place on March 24 through a joint effort between community members

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Economy General

PenCom gives employers until June 1 to adopt new pension remittance process

The National Pension Commission (PenCom) has set June 1, as deadline for employers to fully adopt a  new pension remittance process. The PenCom  announced the launch of the pension contribution remittance system, a platform designed to optimise the process of remitting pension contributions into employees’ Retirement Savings Accounts (RSAs) on Thursday. According to a statement

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Economy General

NALDA pledges support for displaced farmers

The National Agricultural Land Development Authority (NALDA) has pledged to help farmers displaced by farmer-herder conflicts and land encroachment regain their livelihoods and improve food security. The Executive Secretary of NALDA, Cornelius Adebayo, made this commitment during an interactive session with journalists on Tuesday in Abuja. He stated that the initiative would be achieved through

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Economy

NRC ready for cargo train services – Opeifa

 The Nigerian Railway Corporation (NRC) says the Western district is ready for cargo train movement between Lagos and Kano on the narrow gauge. The Managing Director of NRC, Dr Kayode Opeifa, said this on Tuesday, at Dugbe Ibadan Narrow Gauge Train Station, after inspecting Moniya Freight Park. “The essence of this tour is to enable

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Economy

FG inaugurates committee for effective implementation of AfCFTA

 The Federal Government has inaugurated a committee to ensure strong implementation of  the African Continental Free Trade Area (AfCFTA) to strengthen trade and economic growth. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, while inaugurating the AfCFTA Central Coordination Committee, in Abuja on Tuesday, said that the committee would drive Nigeria’s strategic implementation

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Economy

Lagos boosts urban development, infrastructure

The Lagos State Government is accelerating  urban development initiatives, with focus on infrastructure upgrade and economic growth. The Special Adviser to the state governor on Electronic Geographical Information System (eGIS),  Mr Olajide Babatunde, gave the assurance on Monday. Babatunde spoke during an inspection and assessment tour of some renovated and upgraded government facilities, including  urban

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Economy

FG to establish cattle ranch in Niger – Minister

The Federal Government has announced plans to establish a large-scale cattle ranch in Niger State, in partnership with JBJ Brazil, the world’s largest cattle rancher. The Minister of Livestock Development, Malam Idi Mukhtar, made the announcement during a visit to Gov. Umaru Bago of Niger in Minna on Monday, where he was accompanied by a

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