Home Topics Industry


Lagos State Governor Babajide Sanwo-Olu

Lagos to assist companies to prevent job loss

In light of the disruptions and hardship caused by the coronavirus pandemic in the business environment, Lagos State Governor, Mr Babajide Sanwo-Olu, hinted that the state would help big companies operating in the state to prevent job loss.
Guest Speaker-Governor of Ekiti State, Dr Kayode Fayemi; delivering a lecture- “Twenty Years of Democratisation; Successes and Challenges “ at the United States Institute of Peace (USIP) in Washington D.C., USA on Wednesday

Ekiti signs MoU to lay 606 km broadband infrastructure

As part of the plan to develop the digital economy in Ekiti State, the State Governor, Dr Kayode Fayemi on Thursday, signed a memorandum of Understanding (MoU) with the O’odua Infraco Resources Limited to lay broadband infrastructure along 606 kilometers across the State.
Governor Ifeanyi Okowa making a State broadcast on Delta’s preparations against the COVID-19 pandemic.

Delta graduates 90 indigenes trained in production of native attire

The poverty alleviation programme of Delta Government on Thursday received a boost with the graduation of 90 indigenes trained in the production of native attire popularly known as “Akwa-Ocha’’.
The number of active oil rigs in the country fell by 23.8 per cent to 16 in April amid the coronavirus-induced collapse in prices and demand for crude.

Nigeria’s active oil rigs fall by 24 percent

The number of active oil rigs in the country fell by 23.8 per cent to 16 in April amid the coronavirus-induced collapse in prices and demand for crude.
Lanre Gbajabiamila, Director General, National Lottery Regulatory Commission, has asked all erring lottery operators to defray all debts owed to the Federal Government or face stiff sanctions.

NLRC assures sports betting operators of government support

Against the backdrop of the challenges posed by the COVID-19 pandemic, the National Lottery Regulatory Commission, NLRC, has said the Federal Government would do all it takes to ensure the Sports Betting sub-sector of the Nigerian Gaming industry does not suffer any undue setbacks during this pandemic period.
The Poultry Association of Nigeria has warned that the country may face starvation in 2021 due to the lockdown across the nation caused by the COVID-19 pandemic.

Nigeria may face famine in 2021 – farmers

The Poultry Association of Nigeria has warned that the country may face starvation in 2021 due to the lockdown across the nation caused by the COVID-19 pandemic.

Finland’s industrial output grows by 2.8% in March

Finnish industrial output rose 2.8 per cent in March from a year earlier in of spite the coronavirus outbreak with chemicals surging, data from Statistics Finland showed on Friday.
Mrs Toki Mabogunje, President LCCI said this at the Chamber’s second quarterly briefing on the state of the economy on Tuesday in Lagos.

Lagos chamber educates private sector on post coronavirus economy

The Lagos Chamber of Commerce and Industry (LCCI) has advised organised private sector to leverage creativity and innovation to rebuild a competitive economy post-COVID-19.
A man walks past a closed Toyota car dealership during the coronavirus disease (COVID-19) nationwide lockdown in Cape Town, South Africa, April 28, 2020. REUTERS-Mike Hutchings

South Africa’s auto industry ambitions threatened by coronavirus

The expansion of South Africa’s auto industry is central to the government’s economic development strategy but the coronavirus crisis has forced carmakers into survival mode and could push ambitious growth plans out of reach.
Okey Bakassi

Okey Bakassi: How coronavirus has rendered me jobless

Popular Nigerian comedian, Okechukwu Anthony Onyegbule, aka Okey Bakassi, has said covid- 19 has rendered him and his colleagues in the entertainment industry jobless.

NCDMB chief bemoans impact of coronavirus on oil, gas industry trainings

The Nigerian Content Development and Monitoring Board (NCDMB) has advised companies handling trainings in the Nigerian oil and gas industry to reposition themselves.
A Mr D Food delivery worker delivers grocery items from a local food market to a customer, during a nationwide lockdown aimed at limiting the spread of the coronavirus disease (COVID-19), in Midrand, South Africa April 26,2020 .REUTERS-Nqobile Dludla

South Africa takes painful first steps towards reopening battered economy

South Africa took its first shaky steps towards rolling back one of the world’s strictest COVID-19 lockdowns on Friday as it sought to strike a delicate balance between containing the disease and reviving its battered economy.
Minister of Aviation, Hadi Sirika, disclosed this on Monday via Twitter.

May Day: Senator Sirika regrets deplorable conditions of workers

Senator Hadi Sirika, the Minister of Aviation, has expressed regret over the unpleasant conditions of workers and the reduction in the wages of staff in the Nigerian aviation industry occasioned by the COVID-19 pandemic, which has taken the world by storm.
The Sifax Group, owners of Port and Cargo Terminal, Tin Can Island Port, Lagos, on Saturday said that some of its staff had been isolated and the terminal fumigated following a COVID-19 case.

May Day: Labour raises alarm over plot to slash ports workers salaries

The Maritime Workers Union of Nigeria, MWUN, on Friday, alleged plots by employers in the maritime industry to slash workers’ salaries and other benefits.
Lionel Messi is reportedly becoming ‘worried’ that problems at Barcelona are beginning to mirror his international career with Argentina.

Barcelona boss vows Lionel Messi will stay at Camp Nou

Barcelona boss Quique Setien has claimed football was out of control before the global crisis - as he remained steadfast that Lionel Messi will extend his Camp Nou stay.

Lagos PSN tasks governments Improve fortunes of local pharma industry

In the wake of the COVID-19 pandemic, the Pharmaceutical Society of Nigeria, PSN, Lagos State branch, has tasked government at the Federal and state levels to build on fortunes of the local pharma industry if Nigeria hopes to make an appreciable impact.
Nigerian National Petroleum Corporation (NNPC)

NNPC, Chevron, Bovas donates medical equipment, consumables to Kano

The Nigerian National Petroleum Corporation (NNPC), Sunday, disclosed that the oil and gas industry coalition against the novel Coronavirus (COVID-19) pandemic, that it is spearheading, has donated medical consumables, equipment and an ambulance to the Kano State Government, to support the state’s fight against the pandemic.

Presidential committee proposes gradual easing of lockdown

The sub-committee of the Economic Sustainability Committee led by the Minister of Works and Housing, Babatunde Fashola, has proposed the easing of the current COVID-19 lockdown in some states and the Federal Capital Territory, FCT, Abuja.

Recent Stories

Ondo guber: Seven PDP aspirants, others kick against importation of 101 fictitious delegates names

seven governorship aspirants, members of the Board of Trustees and other state holders in the People Democratic Party in Ondo state have petitioned the national secretariat of the party over alleged importation of 101 fake names in the delegates list ahead of next week election.
The Gendarmerie patrols with the United Nations Multidimensional Integrated Stabilisation Mission in the Central African Republic (MINUSCA) in PK5, the predominantly Muslim shopping district of Bangui, on January 7, 2020. Florent Vergnes-AFP

UN peacekeeper killed in Central African Republic attack

Militiamen killed a United Nations peacekeeper from Rwanda and injured two others in an ambush on a convoy in northwest Central African Republic on Monday, the UN said.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police deny killing of Ibadan ‘notorious gang leader’

The Oyo State Police Command has denied that men of the command were responsible for the killing of Biola Ebila, the alleged gang leader of the ‘One Million Boys’ in Ibadan, the Oyo State capital.
Images of the Nigerian Army as they reclaim Baga from Boko Haram sect. [PHOTO CREDIT- SANI KUKASHEKA USMAN, Brigadier General, Director Army Public Relations]

Nigerian Army repels terrorist attack on Barracks in Maiduguri

Boko Haram insurgents on Monday night attacked a military barracks in Maiduguri, the Borno State capital.
The Institute for Peace and Conflict Resolution (IPCR) has pledged to collaborate with the Nigerian Army Resource Centre (NARC) to find practical solutions to insecurity confronting the country.

Major shake-up in Nigerian Army as 37 Generals redeployed

The Chief of Army Staff, Lt.-Gen. Tukur Buratai, has approved new postings/deployment and appointments of 37 Generals and five Colonels to different formations and units in his effort to rekindle the spirit of professionalism in Nigerian Army (NA).