The Federal Government and the developers of the 540-megawatts Qua Iboe Power Plant signed a Power Purchase Agreement for the development of the $1.1bn electricity generation station on Thursday. The Dangote Group, Nigerian National Petroleum Corporation and Black Rhino Group,...

The management of Transmission Company of Nigeria (TCN) has attributed the inadequate power supply in some communities in Lagos to upgrading of its transformers at Ejigbo and Alimosho transmission sub-stations. Mrs Celestina Osin, the Principal Manager (Public Affairs), TCN, Lagos...

The Central Bank of Nigeria (CBN), has injected another $195 million into the interbank foreign exchange market. The central bank offered the sum of $100 million to the wholesale window and intervened in the small and medium enterprises (SMEs) segment...

Nigeria has saved $2 billion from local production of cement in the past one year Chairman, BUA Group, Abdulsamad Rabiu, has said. Rabiu spoke to State House reporters yesterday in Abuja, at the end of the Presidential Industrial Policy and...

Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah has revealed that World Bank estimates that Africa’s total infrastructure investment requirements at $120-150 billion per annum. He further explained that the World Bank estimates the gap between infrastructure investment requirements...

Challenged by the federal government’s clamour for support on entrepreneurship in the country, a Nigerian, Sunkanmi Vaughan, has taken first place on Google’s global list of top business books. Vaughan, whose book was atop the business book on Google Play...