International Monetary Fund IMF has commended the federal government on its economic reforms and commitment to building infrastructure. It however warned against unsustainable external borrowing. IMF...
The Nigerian National Petroleum Corporation, NNPC has said it had engaged investors to establish a refinery in Akwa Ibom State. Speaking at the Petroleum and Natural...
Performance of the Nigerian Equities market was dragged by profit taking as the All Share Index (ASI) slid 34 basis points to 36,652.82 points while the...
The Calabar Port Manager, Mrs Olufumilayo Olotu, has given an assurance that the much anticipated dredging of the Calabar Channel will begin in a few weeks....
For the second successive year, Nigeria has won the Ideas for Action initiative, a youth competition on financing for development, which is yearly organised by the...
The World Bank Group has said that Nigeria pulled out of a five-quarter recession and South Africa emerged from two consecutive quarters of negative growth. This...
Being text of address delivered by Vice President Yemi Osinbajo at the Nigerian Economic summit It is a pleasure to be here at this year’s National...
Being text of address delivered by Vice President Yemi Osinbajo at the Nigerian Economic summit It is a pleasure to be here at this year’s National...
Federal Government is seeking to borrow yet another $5.5 billion form external sources to fund the 2017 budget that is about to run its full circle....
Minister of State for Petroleum Resources Mr. Ibe Kachikwu has called for a whittling down of the powers of the Minister of Petroleum Resources, in...
The federal government 2017 budget is being partly financed with money recovered from treasury looters, President Muhammadu Buhari has said. The recovered funds being used, according...
The International Monetary Fund grew slightly more optimistic over the last three months about global growth but clearly remained concerned about risks. The IMF’s new forecast...
Nigerian National Petroleum Corporation has said that the allegations levelled against it by the oil minister that the conduct of its group managing director lacked transparency...
The new EU envoy to Nigeria, Amb. Ketil Karlsen, has expressed the desire of the union to support the Nigerian government in creating employment opportunities for...
The Buhari Presidency is making specific efforts to enable the private sector to thrive specifically by undertaking extensive ‘ease of doing business’ reforms, in addition to on-going investment...