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The Raw Materials Research and Development Council (RMRDC) has developed a cardiovascular drug from oyster mushrooms. The innovation is through patents created by the agency’s researchers and developed at the Professor Hussaini Ibrahim Technology and Innovation Center. Project officer at the centre, Engr. Florence Madueguna said the drug known as Lovastatin is …

Alibaba Group,founder Jack Ma has been invited to be a visiting professor at Tokyo College, a new organization run by the University of Tokyo, the university said on Monday. The appointment term for China’s best-known entrepreneur finishes at the end of October, but the contract is renewable on an annual …

The Federal Ministry of Industry,Trade and Investment, as the lead agency on WTO matters has been urged to continue to drive the process of trade in Nigeria by ensuring that the public is sensitized to the benefits of the World Trade Organisation (WTO) Agreements. This formed part of the highlights …

The Executive Secretary of the Presidential Enabling Business Environment Council (PEBEC), Jumoke Oduwole has called out Airpeace, an indigenous flight operator over its repeated failure to comply with announced flights schedules as well as its unreliable change of schedules. Oduwole who is also the Special Adviser to the President on …

 President Muhammadu Buhari administration has backtracked on the plan to remove petroleum subsidy. The National Economic Council, on Thursday, in Abuja, said it has agreed that petrol subsidy should “not be removed” as earlier planned for June 2023. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, disclosed …

The nation’s foremost Company Registry,the Corporate Affairs Commission (CAC) has won the Legislative Award for the Companies and Allied Matters Act (CAMA) 2020 at the 5th PEBEC Awards. Held at the State House Conference Hall, the award isin recognition of CAC’s immense contribution and support towards the ease of doing …

Nigeria joined the rest of the world to celebrate World Intellectual Property Day 2023. Dr. Shafiu Adamu Yauri mni, Director Registrar, Trademarks, FMITI Dr.Shafiu Adamu Yauri mni, Director/Registrar, Trademarks, FMITI appeared on FRCN on the occasion of the 2023, World Intellectual Property Day to educate Nigerians on the importance of …

The Federal Government has lauded the efforts of the World Trade Organization for organizing training programs aimed at enhancing participants’ capacity in the application of agreements on Sanitary and Phytosanitary (SPS) Measures and the Technical Barriers to Trade (TBT). Speaking at the opening ceremony of a three-day WTO National workshop …

African Development Bank President Akinwumi Adesina and a bank team are in Japan this week for a 5-day official visit. Most of the trip will focus on leveraging the bank’s strong record of collaboration with the Asian country to attract more investments into Africa. The Bank and Japan’s relationship goes …

The Abuja Electricity Distribution Plc has explained that the onstream of its three new 33KV feeders would improve electricity supply to its customers in Gwarinpa, Life Camp, Kubwa, and other parts of Abuja, the nation’s capital. The utility explained that the completion of construction on the 33KV feeders and the …