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Dr. Ogbonnaya Onu, Minister of Science and Technology, has said that it is only knowledge-based economy that would add value and create a new lease of life for all Nigerians.

Minister calls for greater investment in local technology

The Minister of Science and Technology, Dr Ogbonnaya Onu, has called on the Organised Private Sector (OPS) to invest in the production and commercialisation of local technology in order to boost Nigeria’s GDP.
The National Space Research and Development Agency (NARSDA) has unveiled its newly developed Disinfection Tunnel to curtail the spread of COVID-19 pandemic.

NARSDA develops disinfection tunnel

The National Space Research and Development Agency (NARSDA) has unveiled its newly developed Disinfection Tunnel to curtail the spread of COVID-19 pandemic.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police commission promotes four new DIGs, AIGs, CPs, others

The Police Service Commission (PSC), has announced the promotion of four Assistant Inspectors General of Police (AIG), to the rank of Deputy Inspectors General of Police and thirteen Commissioners to Assistant Inspectors General of Police (AIG).
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police recover two corpses during search for abducted Indians nationals

The police in Oyo State have recovered the corpses of two persons, including a soldier, during their search for two Indians abducted in the state last week.
Newly appointed U.S. Defence Secretary Mark Esper has pressured Japan to participate in a U.S.-led maritime security mission in the Strait of Hormuz.

India, United States set to sign key defence pact on satellite data

United States Secretary of State Mike Pompeo and Defence secretary Mark Esper are holding a dialogue on Tuesday with their Indian counterparts Subrahmanyam Jaishankar and Rajnath Singh aimed at enhancing defence and strategic ties.
The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, has said the Federal Government will welcome long-term agribusiness activities coming from Russia to Nigeria.

Nigerian government to unveil N65 billion stimulus package for private sector

Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, disclosed this at a virtual meeting held with members of the OPS, made up of Manufacturers Association of Nigeria (MAN), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Nigeria Employers’ Consultative Association (NECA), Nigerian Association of Small and Medium Enterprises (NASME), and Nigerian Association of Small Scale Industrialists (NASSI).
NECA’s Director-General, Mr Timothy Olawale, who made the call on Tuesday in Lagos, called for more specific and direct business sustainability schemes, to save the private sector.

2020 budget: OPS backs proposed $20 oil price benchmark

Members of the organised private sector (OPS) and some analysts have hailed the plan by the federal government to further review downward the oil price benchmark in the 2020 budget to $20 per barrel.
NECA’s Director-General, Mr Timothy Olawale, who made the call on Tuesday in Lagos, called for more specific and direct business sustainability schemes, to save the private sector.

Private sector, labour call for guided relaxation of lockdown to save economy

Organised Private Sector, OPS; Nigeria Labour Congress, NLC, and its United Labour Congress of Nigeria, ULC, counterpart, have agreed that there is need for guided relaxation of the COVID-19 lockdown.

LCCI asks NNPC to back up reformed petroleum downstream sector with law

The Lagos Chamber of Commerce and Industry (LCCI) has charged the Nigerian National Petroleum Corporation (NNPC) to consummate its process of reforming the petroleum downstream sector with an appropriate legislative framework, stating that with the legal framework, the reform would not be like the previous dead initiatives.

Groups provide relief material for vulnerable Nigerians

More groups have donated food, relief materials to vulnerable Nigerians in recent times to help curb the spread of the coronavirus disease.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Aliko Dangote tests negative for coronavirus

The richest man in Africa and Founder & Chairman of Dangote Group, Aliko Dangote, stated on Sunday he has tested negative to the novel coronavirus (COVID-19) disease.

Coronavirus: Stakeholders differ on impact of Nigeria’s central bank stimulus

Stakeholders in the organised private sector (OPS) have expressed divergent views on the use monetary intervention to mitigate the impact of the global Coronavirus (Covid-19) pandemic on businesses in Nigeria.
A new Chinese coronavirus, a cousin of the SARS virus, has infected hundreds since the outbreak began in Wuhan, China, in December.

Coronavirus: Manufacturers, importers, others lament impact of disease on Nigerian economy

With the Coronavirus (Covid-19) outbreak in China, there are indications that the country’s agro-allied, manufacturing sectors and dealers on various products have put on hold the importation of several production raw materials, consumable items coming from China.
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

Stakeholder, experts identify challenges to implementation of AFCFTA

Ahead of the implementation of the African Continental Free Trade Agreement (AfCFTA) in July, the Nigeria’s industrial sector has identified the need for the country to address current market challenges to ensure its gets benefits of the agreement.
President Muhammadu Buhari

President Buhari commends Abuja Chamber for scaling up economic diplomacy

President Muhammadu Buhari has lauded the Abuja Chamber of Commerce and Industry (ACCI) for scaling up economic diplomacy and establishing bilateral relations with other countries.

Border closure: OPS harps on importance of policy implementation

Members of the Organised Private Sector (OPS) have described the ongoing border closure as a temporary solution to a long term problem, noting that policy measures and proper implementation is necessary and more effective.
President of the Senate, Ahmad Ibrahim Lawan (left) with the Senate Minority Whip, Senator Philip Tanimu Aduda, during the plenary on Tuesday, November 19, 2019. 5

Labour, OPS slam senate, federal government over finance bill

Nigeria’s Senate decision to approve 56 amendments in Finance Bill, an executive bill submitted by President Muhammadu Buhari, seeking an approval to raise tax rates payable by consumers and business entities to augment Federal Government’s declining cashflow, last week opened another pandora box of debate as to the fate of ordinary citizens when it eventually gets signed into law by the president in the days and weeks ahead.
Recently, Lagos State governor, Mr. Babajide Olusola Sanwo-Olu, signed the $629 million financing facility aimed at completion of the Lekki Deep Seaport project.

Lagos and the prospect of Lekki Deep Seaport

Recently, Lagos State governor, Mr. Babajide Olusola Sanwo-Olu, signed the $629 million financing facility aimed at completion of the Lekki Deep Seaport project.

Cashless policy: Regulators, business community set for nationwide rollout

Baring any last minute disruptions in the implementation guidelines, Nigeria’s cashless Policy piloted by the Central Bank of Nigeria (CBN) would go live nationwide from March 31, 2020, after about eight years of clinical trials of its pilot phase.
The Bangladesh High Commissioner to Nigeria, Shameen Ahsan, has called for the strengthening of its international relations with Nigeria to harness investment potential that abounds in both countries.

Bangladesh seeks strong investment relations with Nigeria

The Bangladesh High Commissioner to Nigeria, Shameen Ahsan, has called for the strengthening of its international relations with Nigeria to harness investment potential that abounds in both countries.

2013 automotive policy dead as federal government mulls new policy

In October 2013, when the Federal Government under former President Goodluck Jonathan introduced a National Automotive Industry Development Plan (NAIDP) the objective was to stimulate investment in local vehicle production.
Saratu Iya Aliyu

NACCIMA to promote vibrant regional economy with 16 point agenda

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has come up with a 16 point agenda to promote a vibrant regional economy through public and private sector collaboration,

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Olisa Metuh tasks Igbo elders, political leaders on IPOB agitation

Former national publicity secretary of Peoples Democratic Party (PDP) Chief Olisa Metuh has urged elders and elected leaders from the South East to work out ways and means of addressing the IPOB issue.
Security force officers hold shields in Nyaung-U, Myanmar, March 7, 2021, in this picture obtained from social media by Reuters.

Protests erupt across Myanmar; Suu Kyi party official dies in custody

An official from the party of deposed Myanmar leader Aung San Suu Kyi died overnight in police custody, associates said, while protests were held in at least half a dozen cities in some of the most widespread action against the coup last month.
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Sri Lankan Catholics demand justice for Easter bombing victims

The leader of Sri Lanka’s Catholics has demanded the government find the perpetrators of the deadly 2019 Easter Sunday attacks, as worshippers held silent protests outside the capital’s churches on Sunday.
Polling opened on Sunday morning for a presidential election at crisis-hit Barcelona, where the winner will face the challenge of rebuilding the club's finances and squad.

Polls open for presidential election at troubled Barcelona

They are running to replace Josep Maria Bartomeu, who resigned in October and was briefly taken in for questioning following police raids on the club on Monday into the 'Barcagate' scandal which revolves around allegations that Barcelona carried out a defamation campaign against current and former players critical of club leadership.
Kelechi Iheanacho won’t be leaving Leicester City for Aston Villa this summer, according to Foxes correspondent Jordan Blackwell.

Kelechi Iheanacho: Leicester City had hunger to beat Brighton

Kelechi Iheanacho says his side’s desire to win shone through during a second half in which Leicester City scored twice to beat Brighton & Hove Albion 2-1 on Saturday night.

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Women take part in Ivory Coast's parliamentary election campaign rally in the popular district of Yopougon, a suburb in Abidjan [Issouf Sanogo-AFP]

Ivory Coast heads into elections after political turmoil

Ivory Coast is set to vote in a parliamentary ballot on Saturday in a key test of stability after presidential elections last year marked by violence.
FILE PHOTO - Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS-Tingshu Wang

China says hopes U.S. will remove ‘unreasonable’ restrictions on cooperation

Questioned about recent U.S.-China frictions over Taiwan, Xinjiang and the South China Sea during his annual news conference, Wang said that Beijing “will never accept baseless accusations and smears”, and said the United States had used democracy and human rights as a basis for arbitrarily interfering with other countries’ affairs.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

Oil slips on fears over higher OPEC supply, slower China demand

Oil prices slipped, on Tuesday, as expectations that top producers would agree to raise oil supply in a meeting this week weighed on sentiment, already hit by concerns over slowing Chinese demand.
Manchester United captain Harry Maguire insists his X-rated rant with Marcus Rashford was a positive during their 0-0 draw at Crystal Palace.

Manchester United skipper: Marcus Rashford clash proved our passion

The pair became embroiled in a heated argument in their limp 0-0 draw with Crystal Palace after the United skipper ordered Rashford to 'f****** get back onside', which the England striker took exception to by furiously responding: 'What the f*** do you want me to do? You f****** k*******.'
The Peoples Democratic Party, PDP, South-East zone, on Monday urged Sen. Smart Adeyemi to immediately apologize to the governor of Abia State, Dr Okezie Ikpeazu over his unguided verbal attack.

PDP asks Senator Adeyemi to apologise to Abia governor

The Peoples Democratic Party, PDP, South-East zone, on Monday urged Sen, Smart Adeyemi to immediately apologize to the governor of Abia State, Dr Okezie Ikpeazu over his unguided verbal attack.