News

Fashola

Nigeria Partners With 14 Companies On $1.75 Billion Solar Power Project

 The Nigeria Government has signed a Front-Runner Solar Power Purchase Agreements (PPAs) worth 1.75 billion dollars with 14 companies to build 1.125 Megawatts(MW) capacity of renewable power in the country. Mr. Babatunde Fashola, Minister of Power, Works and Housing, who signed the documents on behalf of the government, said the agreement was to demonstrate government’s […]

Kannywood

Nigeria Scraps $10 Million Kannywood Film Village Project Following Opposition From Clerics

 The Nigerian government has cancelled its plan to build a massive film village in the northern state of Kano, following social media outcry and opposition from Muslim clerics. More than three billion naira ($10m; £7.6m) was budgeted for the project as part of the government’s efforts to improve the Hausa language film industry known as Kannywood. The government […]

Commentary

JJ. Omojuwa

Recession: Will Nigeria Get Serious? – Japheth J. Omojuwa

 It is all but official: Nigeria is in a recession. The economy is expected to return a negative GDP growth rate for the second quarter of 2016 to make it two successive quarters of economic contraction. Data released by the National Bureau of Statistics shows the Consumer Price Index, used to measure inflation, rose by […]

Damian

Ugbabe Adagboyi Damian: The Non-Perpetuity Of Business Enterprises – Lessons From Benue State

 One of the aims of entrepreneurship development is the creation of efficiency through increased competitiveness, as well as increasing access of businesses to continually widening markets. This is an achievement that is however, becoming increasingly difficult to accomplish as state and the federal government facilitated entrepreneurial ventures continue to face constraints that present themselves in […]