IFRS Board classifies Nigeria as an IFRS country
The Board of the International Financial Reporting Standards (IFRS) has officially classified Nigeria as an IFRS country.
This classification follows the successful implementation of the first two phases of the National Road Map for the Adoption of IFRS in Nigeria.
FG policy on agric to boost fisheries sectors —Dame Jonathan
Nigeria’s first lady, Mrs. Patience Jonathan has disclosed that the Agricultural Transformation Agenda of the government is re- repositioning both the marine and the fisheries sectors to boost the economy
Three killed as assassins invade Anambra community
Three persons were killed, Wednesday night, at Umuawulu in Awka South Local Government Area of Anambra State following the invasion of the home of one Chief Azubuike Ekweozor by suspected assassins.
Bankers Committee to clear N25bn gas debt
The Bankers Committee, yesterday, said it would help the privatised power firms clear N25 billion debts to gas producing companies.
The Committee had also decided to provide funding support to the 18 rice milling companies across the country so as to boost local production, reduce foreign exchange spent on rice importation and boost job creation.
BoI assures funding machinery from FIIRO
The Bank of industry (BoI) has assured industrialists in the country funding supports if they purchase equipment fabricated by the Federal Institute of Industrial Research, Oshodi (FIIRO)
Dangote Cement plans expansion to Middle East, Latin America
Dangote Cement Plc is warming up to expand its cement production plants beyond the continent of Africa to the Middle East and Latin American countries.
The company is optimistic that the planned investment will propel it to be ranked among the top ten global cement manufacturers and also earn Nigeria foreign exchange.
