The free fall in the value of the naira has started to take its toll on the price of Premium Motor Spirit (PMS), also known as...
The Fashion Designers’ Association of Nigeria (FADAN), Lagos Chapter, on Thursday said that they needed about N150 million to build a production hub in Lagos. Mr...
The World Bank says it will partner the Federal and State Governments to improve Public Finance Management and ensure effective delivery of government’s policies and projects....
The manufacturing sector is now the major driver of economic growth in Nigeria, the latest economic report by Renaissance Capital, has revealed. According to the report,...
Good morning ladies and gentlemen and welcome to my maiden press briefing. Having assumed office only two days ago, as the 11th Governor of the...
The Nigerian Extractive Industries Transparency Initiative (NEITI) on Thursday threatened to make public names of oil block owners and extractive companies which had been evading the...
The World Economic Forum, in Abuja yesterday released a new report on regional infrastructure development in Africa. The report titled Managing Transnational Infrastructure Programmes in Africa...
The International Monetary Fund has said that member countries must embark on government spending reforms stating that in many countries, public finances remain on edge as...
Following last week’s meeting of the Federation Allocation Accounts Committee (FAAC), the Excess Crude Account (ECA) has increased by $1.34 billion This brings the total savings...
Trading activities on the Nigerian Stock Exchange (NSE) closed upbeat with the All-Share Index improving by 0.67 per cent. The index grew by 249.65 basis points...
Sub-Saharan Africa’s economic growth is expected to increase to six per cent in 2014, from five per cent this year. The growth is to be supported...
ConocoPhillips said it expects proceeds of nearly $9 billion from the sale of its interests in Kazakhstan, Algeria and Nigeria. Conoco’s plan to focus on North...
The Vice President Namadi Sambo will on behalf of the federal government officially hand over the physical assets of the 14 PHCN Successor Companies to the...
…Signs agreement with Lagos State Govt. For the first time in the history of Nigeria, a cable car company, Ropeways Transport Limited, is set to launch...
Zenith Bank Plc has announced a profit before tax of N75. 22 billion for the nine months ending September 2012 indicating an impressive 50 per cent...