The Federal Government on Monday said that it planned to reduce the recurrent expenditure by 65 per cent in 2015 to boost economic growth. Dr Ngozi...
By Omoh Gabriel The new insurance policy that premium payment must be up-to-date before claims could be paid applies to government Ministries Departments and Agencies, MDAs,...
Nigeria is a country of paradoxes and contradictions. These contradictions are being inflicted on the nation by politicians in uniform and those in flowing gowns through...
The Transmission Company of Nigeria (TCN) says that power generation improved to almost 4, 500 mega watts from 4, 286 mega watts at the weekend. Mr...
Weekly transactions on the Nigerian Stock Exchange opened on a positive note on Monday as some major blue chips recorded price gains. The All-Share Index, which...
Investors on the Nigerian Stock Exchange (NSE) recorded a turnover of 3.56 billion shares worth N24.69 billion in 39,321 deals last week. These were against the...
For the first time in the history of Nigeria, a cable car company, Ropeways Transport Limited, is set to launch a cable car mass urban transit...
On a rough estimate, Nigerian subscribers may have spent well over N31.02bn on dropped and unconnected calls since January last year, owing to poor quality of...
By Omoh Gabriel Nigeria is fast becoming a laughing stock. No thanks to the Peoples Democratic Party members who have held top political positions in the...
The National Economic Council (NEC) on Tuesday approved the release of one billion dollars from the excess crude account for distribution to the federal and the...
African Development Bank (AfDB) has signed an agreement to provide two sovereign-guaranteed multi-tranche lines of credit (LoCs) of $700 million to support export-oriented small and medium...
Nigerian Stock Market Statistics (Tuesday,29th January, 2013) Market Cap (N’bn) 10,101.18 Market Cap (US$’bn) 64.20 NSE All-Share Index 31,571.45 Daily Performance % 0.31 1 Week Performance...
A total of 515.93 million shares worth N3.2 billion were traded in 6,680 deals on the Nigerian Stock Exchange on Tuesday. This was against the 970.02...
The Lagos Chamber of Commerce and Industry (LCCI) on Tuesday said that the double-digit Gross Domestic Product (GDP) growth rate predicted by the CBN for 2013...
The China Machinery Engineering Corporation, managers of Phase 2 of Omotosho Power Plant in Ondo State, says it will complete the 500 mega watts plant by...