The Federal Governmenthas officially confirmed that it has attained self-sufficiency in theproduction of cement and is now an exporter of the commodity, ascribing thefeat to Dangote Cement which spare headed the backward integration policyintroduced by the government. Minister for Solid Minerals Development, Dr.Kayode Fayemi who leads a team of the federal government to the Dangote Cementplants in Ibese, Ogun State at …

Senegalese lawmakers, who are divided between a 150-seat NationalAssembly and a 100-seat senate, voted to do away with the Senate, passing alaw, which dissolves the institution in order to save an estimated $15 million. Minister of Justice Aminata Toure explained that the suppressionon Tuesday of the Senate is intended to curb government spending, and wouldprovide the cash needed to help …

Finance ministers fromworld’s biggest economies have dropped an anti-protectionist commitment afteropposition from the US. G20 ministers left thetwo-day meeting without renewing their long-standing pledge to bolster freetrade. Last year, the groupof the world’s 20 largest economies vowed to “resist all forms ofprotectionism”. But since then,President Donald Trump has taken office, and is aggressively pursuing an“America First” policy. His policies includepenalties …

Former Military Head of State, General Abdulsalami Alhaji Abubakar as part of his social responsibility and giving back to the society , under the auspices of Maizube farm Nig. Limited Minna, Niger state in collaboration with Cleft Foundation a team of Consultant Oral & Maxillofacial Surgeons based in Abuja the Federal Capital Territory put smiles on the faces of some …

Olabode Adaramola The Governing Council of the Federal University of Technology, Minna has approved the appointment of Professor Yahaya Ahmed Iyaka of the Department of Chemistry, School of Physical Sciences as the  Deputy Vice Chancellor, (Administration) designate. The Registrar of the Institution , Mrs. Victoria Kolo, in a letter conveying the appointment disclosed that the Council, approved the appointment  in …

Chairman House Committee on Rural Development, Honourable Oladipupo Olatunde Adebutu has called for resolution of the current impasse in the National Rural Telephony Programme (NRTP), while acknowledging that current technologies, especially the Global System for Mobile Communications (GSM), had overtaken events in the sector. He said because of the huge sums of money the government had already spent on the …

The Bank of Industry has said itsloan exposure to enterprises owned and promoted by women has hit N13bn, notingthat plans are underway to improve access of related businesses todevelopmental financing. It said this in astatement, adding that this was in furtherance of efforts to support thediversification programme of the Federal Government and create employmentthrough empowerment of women entrepreneurs The statement …

Garmin in collaborationwith MTN Nigeria partner to introduce a range of world class health and fitnessdevices to help boost fitness standards while maintaining a healthy lifestyle. There is an increased focus around the world to behealthy and more active, and through innovation and technology Garmin created arange of wellness devices that enrich the lives of our customers throughwearable location and …

Fidelity Bank hasexposure of around N17.5 billion naira ($56 million) to Etisalat Nigeria, theNigerian lender’s investor relations team said on Thursday. The Nigerian arm of Abu Dhabi-listed telecomscompany Etisalat is in talks with local banks to renegotiate the terms of a$1.2 billion loan it took out four years ago  after missing a payment. It would be recalled that it was …

The Central Bank of Nigeria onThursday said it would on Friday release the sum of $100m to authorised dealersto meet the requests of genuine customers in the interbank segment of theforeign exchange market. The release ofthe forex, according to the apex bank, followed bids from authorised dealersfor the amount. The CBN Director, CorporateCommunications Department, Mr Isaac Okoroafor, while confirming the …