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...
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...
* Outrage greets govts squandering of N80 trn in 9 years THE sum of N8.8 trillion was disbursed to the three tiers of Nigerian government from...
By Omoh Gabriel Indications are that the 2013 budget is already facing challenges and may not be fully implemented. The budget may have to be reviewed...
By Omoh Gabriel Director General, Standard Organisation of Nigeria SON, Dr. Joseph Odumodu yesterday said that his organization will soon embark on electronic product registration in...
The Federal Government through the Bureau of Public Enterprise (BPE) has confirmed the approval of the contract of Manitoba Hydro Electric Board of Canada as the...
The strategic document which will guide the operations for the Sovereign Wealth Fund is ready and operations will begin March 2013. According to a statement issued,...
By Omoh Gabriel Lagos Chamber of Commerce and Industry, a body of organised businessmen based in Lagos has urged the federal Government to fully deregulate the...
Nigeria Minister of Finance Ngozi Okonjo-Iweala has linked her mother’s kidnap to fuel subsidy payments and Subsidy Reinvestment and Empowerment Programme (SURE-P). In her first news...
The National Bureau of Statistics says the composite Consumer Price Index (CPI) which measures inflation rose to 12.3 per cent year-on-year in November against 11.7 per...
The Federal Ministry of Mines and Steel Development on Tuesday said it was discussing with the Central Bank of Nigeria (CBN) to raise funds for investors...
The EFCC has urged the Federal High Court in Abuja not to order the release of the unclaimed $15 million (about N2.4 billion) “Ibori loot” to...
Nigeria Minister of Works, Mr Mike Onolomemen, has said that about N500 billion was required annually over the next four years to fix the country’s deplorable...
The Economic and Financial Crimes Commission (EFCC) said that it seized N15.5 billion from suspects in various airports across the nation between January and December. This...
The Airline Operators of Nigeria (AON) said that Nigeria lost 1,166 lives in 131 aircraft accidents between 1967 and 2012. Officials of the group spoke at...