Society

I was just wondering if the lagos state govt had plans to reduce d death rate in the state by passing a bill on time restriction for heavy duty vehicles. This bill is suppossed to help curb deaths and hold ups caused by these vehicles. Is it and will it ever be possible?

Nigerian-born entrepreneur Kase Lawal is the epitome of the American dream. Arriving to the US a young, idealistic student, Lawal has carved a name for himself in one of the most competitive industries in the world: Oil.

Now head of a multi-billion dollar empire, his Houston-based company, CAMAC, is one of the largest black-owned businesses in the U.S., generating over $2 billion dollars a year.

Founded nearly 25 years ago, Lawal built CAMAC (which stands for Cameroon-American) from a small agriculture business into a global oil company. But it's taken a lot of hard work, determination and guts ...

The Turkish Minister for Foreign Trade, Zafer Caglayan has disclosed that the volume of trade between Nigeria and Turkey stands at about 1 billion dollars, just as he said that there were projections for an increase in the coming years.

Speaking in Abuja while addressing a delegation of Turkish and Nigeria business men, Caglayan who called for an increase in trade relations between Nigeria and Turkey, stressed that Nigeria was the fastest growing economy in the Western part of Africa, adding that as a nation, Nigeria must harness its potentials to the fullest because of the important role it...

Dec. 3 (Bloomberg) -- Olam International Ltd., a commodity supplier backed by Singapore’s Temasek Holdings Pte, plans to set up a $200 million sugar-refining venture at a port in Nigeria to tap growing demand in the nation.

Olam will have an 80 percent stake in the operation with the Lababidi Group, an African company with interests ranging from wheat milling to port real estate, holding the rest. Half the investment will be debt-funded, with the remainder contributed by each partner in line with their equity, Olam said today in a Singapore stock exchange statement.

Olam is banking on Nigeria, A...