Category Archives: Business News

MTN, Airtel, ntel, 13 Other Firms Scramble To Buy 9mobile

The scramble to acquire 9mobile, Nigeria’s fourth largest network operator, promises to be very competitive, as 16 firms have submitted expressions of interest (EoIs) to Barclays to bid for 9mobile, THISDAY has learnt. Companies that have expressed interest in 9mobile,

Nigeria Losing Billions Of Naira To Medical Tourism – Osinbajo

Vice President Yemi Osinbajo yesterday lamented that Nigeria loses billions of naira to overseas medical trips annually. He spoke in Ado Ekiti, the Ekiti State capital, while commissioning the 400-bed Afe Babalola University Teaching Hospital (ABUADTH), Ado Ekiti. Osinbajo, who

FIIRO woos Unilever on R&D Commercialisation

Consumer products giant, Unilever Plc and the Federal Institute for Industrial Research Oshodi (FIIRO) are poised to seal a bilateral agreement on commercialisation of some of the research products of the institute. This was disclosed when a technical team from

Issuance of Mining Licences in Nigeria ‘will Soon take 30 Days’ — not three months

The ministry of mines and steel development says issuance of mining titles will soon be reduced to between 30 and 45 days as stipulated in the Nigerian Mining and Minerals Act, 2007. Kayode Fayemi, the minister, disclosed this at the

Startimes Adds Pay Per Day, Week and Month Subscription Plans, See The Full Gist Below

Startimes has done great again has just added new subscription options – pay per day, pay per week and pay per month that allows customers watch channels with as low as N60 per day . Remember, the new competitor known

While TStv Stock in Delay, Another Launches in Nigeria

It’s been nearly four weeks since the launch of TSTV, Nigeria’s first indigenous Satellite TV and Nigerians are already getting tired of the delay. Meanwhile a new TV service, Kwese TV launched in Nigeria yesterday which is positioning to cash

NAFDAC Intercepts N50m Fake Insecticides Imported Into Nigeria

The National Agency for Food and Drug Administration and Control said it had arrested Mr . Obumneme Okpala , a man suspected to be behind a syndicate specialising in the importation, distribution , warehousing and sale of counterfeit insecticides .

Dangote Launches Rice Farming Project For Unemployed Nigerian Graduates

The Dangote Rice Limited has launched a multi million naira initiative- Dangote Youth Rice Farm project, to meet the country’s demand for rice as well as provide employment for the nation’s teeming youths. The project, mainly an out-grower scheme for

Lagos State to Create 200,000 Jobs through Rice Production

The Lagos State Government on Monday disclosed that it had acquired 32 metric tonnes per hour rice mill, which would help create no fewer than 200,000 jobs and ensure sustainable supply of wholesome rice to the state at affordable price.

SON Reduces Product Registration Time to 60 days

The Director-General, Standards Organisation of Nigeria (SON), Mr. Osita Aboloma, has said 60 days will, henceforth, be the deadline for product registration, adding that it aligns with the government policy on ease of doing business. Speaking during a sensitisation forum

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