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The U.S. Secretary of Commerce, Ms Penny Pritzker on Wednesday, gave conditions that would motivate more American companies to invest in Nigeria. Pritzker, is leading 20...
The Nigerian Electricity Regulatory Commission (NERC) has in Abuja inaugurated committees to handle electricity supply complaints in its Benin, Jos and Yola offices. The NERC Chairman,...
The market capitaisation of the Nigerian Stock Exchange (NSE), on Tuesday increased by 0.65 per cent due to the listing of Caverton Offshore Support Group shares....
Lagos State Government said the state would require nothing less than 5,000 megawatts (mw) of electricity to attain power stability. Mr Taofeek Tijani, Commissioner for Energy...
Nigeria has successfully hosted the World Economic Forum for Africa. The event has come and gone and the organisers and the Nigerian authorities are counting their...
An Abuja Federal High Court on Tuesday declined jurisdiction in a suit filed by suspended CBN Governor, Malam Sanusi Lamido Sanusi. The court subsequently transferred the...
The Nigeria Customs Service (NCS) said that it had commenced the implementation of new duties on imported vehicles and accessories introduced by the Federal Government with effect...
The Nigerian Export and Import Bank (NEXIM) has said that it made five billion naira financial intervention available to some key sectors of the economy. The NEXIM...
… As Total reviews Ofon 2 from $2.85bn to $6.63bn There is no better demonstration of how Nigerians suffer unduly on account of the padding of...
Nigeria’s central bank kept its benchmark interest rate unchanged at a record high, stressing the need for stability in the last Monetary Policy Committee meeting before...
President of Nigeria Society of Engineers (NSE), Mr Ademola Olorunfemi, has blamed the limited growth of the manufacturing sector in Nigeria to absence of functional steel...
The Federal Government on Friday said it had concluded plans to launch a National Policy on Renewable Energy and Energy Efficiency to boost power supply in...
Three accused, Ayo Ajala, Tomi Olugbemi and their company, Multichoice Nig. Ltd, were on Friday charged before a Federal High Court in Lagos, over an alleged...
The Nigerian Society of Engineers (NSE) on Friday advocated privatisation of the Nigerian Railway Corporation (NRC) to attract the requisite private sector investment and technology. The...
China’s quality watchdog announced on Friday that Dongfeng Peugeot Citroen Automobile (DPCA), a Sino-French joint venture, will start a recall of 162,913 cars from Saturday. The...