The Minister for Agriculture and Rural Development, Dr. Akinwumi Adesina, has said that agriculture attracted private sector investment valued at $8 billion in the past two years. Adesina said this at a News Agency of Nigeria Forum on Sunday in Abuja. He said that...

President Goodluck Jonathan on Wednesday in Addis Ababa announced that Nigeria has mobilised 700 million dollars to support the completion of Nigeria-Algeria gas pipeline project. Jonathan made this known in a report on the status of the Trans-Saharan gas pipeline project, presented at...

The Central Bank of Nigeria (CBN) Tuesday revealed plans to increase the Chinese Yuan’s proportion of the country’s external reserves from two percent to seven percent. The move was influenced by the growing strength of the Chinese currency in global...

•Investors allege directors fritter N275m as severance pay Securities and Exchange Commission (SEC) is set to investigate allegations of massive financial and securities fraud at Mass Telecommunication Innovation (MTI) following the petition by investors in the company, alleging that former...

Investors in Africa have continued to choose Nigeria over most countries in the continent as the preferred investment destination because of the country’s strong fundamentals. In a report titled: “Sub-saharan Africa in 2014- Erosion of Buffers Raises Risks,” Renaissance Capital...

What do you do when you find yourself in a slimy hole?  Wisdom dictates that you stop digging. But for Ngozi Okonjo-Iweala, Finance Minister and Coordinating Minister for the Economy, this treasured American dictum makes no sense as far...