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Industrial Training Fund to begin mass production of mobile phones
The Director-General of the Industrial Training Fund (ITF) in Nigeria, Sir Joseph Ari says plans are at an advanced stage to begin mass production of its smart phone, recently unveiled by the Nigerian President.
Mass production he says,…
NGX Equities continue on bullish run
The bullish run in the local bourse continued on Friday as the All-Share Index advanced by 0.1% to 39,210.10 points.
Analysis according to Cardross Capital stated that trading during the day was mixed, however, investors’ late demand for…
“Tourism in Nigeria still largely unexploited,” says Trade Minister
The Nigerian Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, says the tourism sector in the country still remains largely unexploited.
“If properly developed, tourism can significantly contribute to the nation’s…
Unemployment Rate in Turkey reaches 13.9% (April, 2021)
Turkey's unemployment rate reached 13.9% in April, up 0.9 percentage points from the previous month, according to data released by the Turkish Statistical Institute (TurkStat) on Thursday.
“The number of unemployed age 15 and…
“Technology, key to ensuring Nigeria’s cost competitiveness”- CEO, Seplat Plc
Technology will play a key role in ensuring that Nigeria stays cost competitive in today’s oil market.
Mr. Roger Brown, Chief Executive Officer of Seplat Plc, a Nigerian independent oil and gas company, said this in his keynote…
NGX Equities Investors gain N151bn
The Nigerian Exchange Limited (NGX) on Wednesday expanded on its previous day's gains to end the day's trading activities of equities with the market capitalization advancing by 151 billion Naira from N20,266 trillion to N20,417 trillion.…
East African countries to borrow $16 billion to revive economies
East Africa’s largest economies plan to borrow at least $16 billion to fund an economic revival, while striving to ease their debt burdens after the coronavirus pandemic battered governments’ revenue.
Finance ministers in…
Nigerian Cabinet approves N895 billion Draft Supplementary Budget
The Federal Executive Council has approved a draft supplementary budget of N895 billion for the year 2021.
The Minister of Finance, Zainab Ahmed disclosed this while briefing State House Correspondents on the outcome of Wednesday’s…
President Buhari receives first made in Nigeria Cell Phone
President Muhammadu Buhari has received the first made in Nigeria cell phone, known as ITF Mobile.
Minister of Industry, Trade and Investment, Adeniyi Adebayo presented the phone to the President, before the commencement of Wednesday’s…
World stock prices hold near record highs
World stock prices held near record highs on Wednesday, the MSCI's all-country world index (.MIWD00000PUS) has shown.
MSCI's all-country world index (.MIWD00000PUS) last stood at 716.64, after scaling an intraday high of 718.19 on…