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Category Archives: Business

DPR suspends filling station construction in border areas

The Department of Petroleum Resources has suspended the processing of applications for approval to construct and license the operation of filling stations within 20km along Nigeria’s border areas. It also warned suppliers of petroleum products to areas within 20km along

58 Patents Registered in Nigeria last year – Minister

Fifty-eight patents were registered in Nigeria in 2018, the Minister of Science and Technology, Dr Ogbonnaya Onu, has said. The minister, who spoke at an event held to mark the World Science Day in Abuja, said Nigeria was making “measurable

We’re selling more Palm Oil over border Closure- Okomu oil MD

Managing Director of Okomu Oil plc, Dr. Graham Heifer, has described the closure of borders as the best policy of the Federal Government as it has helped him to sell more products. Dr. Heifer stated that the unmitigated illegal importation

U.S. CAEF Full-Ride Enterprise Student Fellowship Program in the United States – Apply Now

The U.S.-Central Asia Education Foundation is glad to announce the Enterprise Fellowship Program administered by American Councils for International Education and financed by the U.S. Government. Fellowship Program in the United States The U.S. Department of State is sponsoring the

CAC moves Against Defaulting Firms

The CORPORATE Affairs Commission (CAC), on Monday called on companies operating in the country to file in their annual returns as provided for by the law or risk being de-listed from CAC register. Its Head Public Affairs, Mr. Moses Adaguusu,

Checkout World’s Most Expensive Earrings that Cost $57million

Have you seen this pair of diamond earrings that was recently sold at auction in Geneva for a record-breaking price of $57.4m (£44.4m)? The pear-shaped jewels, nicknamed Apollo and Artemis, are almost 16 carats each.

Flour Mills of Nigeria grows half-year profit to N5.9bn

Flour Mills of Nigeria Plc has said its profit after tax increased by 16 per cent to N5.9bn for the six-month period ended June 30, 2019. The company said in its financial statement that it sustained growth in its profit

Nigeria Army List of Officers Promoted To Major-Generals & Brigadier General

Abuja – The Nigerian Army has announced the promotion of senior officers to the ranks of Major-Generals and Brigadier-Generals in its latest promotion exercise.A statement released by the Acting Director Army Public Relations, Colonel Sagir Musa, said: “The Nigerian Army

Dangote Group Begins Installation Of Rice Production Factory In Kebbi

The Kebbi state Governor Atiku Bagudu on Sunday commended Dangote Group for setting up a rice mill in the state, saying it would create employment and boost the economy. Bagudu who visited the factory site at Saminaka in Shanga Local

How Flying drones pose fresh risk to aircraft operations

Despite the call for liberalisation of drones in the country, flying unmanned aerial vehicles may pose fresh risks to aircraft and the safety of the airspace. The need for caution further heightened recently as new findings showed that pilots fail