By Omoh Gabriel Business Editor in Washington D.C The Minister of Finance and Coordinating Minister of Economy Dr. Ngozi Okonzo-Iweala said in Washington that the ability...
By Omoh Gabriel The International Monetary Fund and the World Bank Group yesterday said that Urbanization helps pull people out of poverty and advances progress towards...
The rebasing of Nigeria’s GDP, which is expected to increase the estimated size of Nigeria’s economy by around 40 per cent, is likely to be delayed...
The Nigerian Export-Import (NEXIM) Bank said on Wednesday that it would execute a 60 million dollar Regional Sealink Project for West and Central Africa. The project,...
By Omoh Gabriel Lagos Chamber of Commerce and Industry, a body of organised private sector operators in the Nation’s commercial center, weekend said that though the...
By Omoh Gabriel The International Monetary Fund IMF has asked the Federal Government to reduce poorly-targeted fuel subsidies, adopt a rule to set the reference oil...
Defence Headquarters has said crude oil theft had dropped from 60,000 barrels per day (bpd) to 23,000. The Chief of Training and Operations, Maj.-Gen. Lawrence Ngubane...
By Omoh Gabriel Businessmen in Nigeria, Ghana, Senegal and Ivory Coast are not favouravly disposed to discussing business at coffee shops and do not favour allocating...
The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, has reiterated the Federal Government’s commitment to the growth and development of local industries by placing...
The Durban BRICS Summit DURBAN, South-Africa, March 26, 2013/ — A piece by Donald Kaberuka, President of the African Development Bank, to set the scene for...
The 15 PHCN successor companies have met the deadline for the payment of the mandatory 25 per cent of the offer value of their bids, a...
The National Economic Council (NEC) has approved disbursement of additional one billion dollars from the Excess Crude Account (ECA) to the three tiers of government. Gov....
Trade between Nigeria and France currently stands at $7 billion, Nigeria’s envoy to France, Amb. Akin Fayomi, has said. Fayomi, who spoke in Paris, said that...
The Federal Government says it is committed to a speedy conclusion of the on-going negotiations on the Doha Development Agenda (DDA). Mr Samuel Ortom, the Minister...
President Goodluck Jonathan has forwarded the 2013 Appropriation Act Amendment Proposal to the National Assembly for approval. Jonathan also forwarded the 2013 Subsidy Reinvestment and Empowerment...