Researchers at the International Institute of Tropical Agriculture (IITA) have successfully grown seed yams in the air using aeroponics technology, raising hopes and more options for the propagation of virus- and disease-free planting materials. In preliminary trials, Dr Norbert Maroya,...

The Nigeria Deposit Insurance Corporation (NDIC) is considering an advance payment of insured deposits once the licence of any insured institution is withdrawn by Central Bank of Nigeria (CBN). This initiative was disclosed by the NDIC Managing Director/Chief Executive, Alhaji...

In 2007, Bluestar Oil Services Limited Consortium owned mainly by Alhaji Aliko Dangote and Femi Otedola bought 51 percent of Port Harcourt Refinery Company for $561 million. The sale however met with protests from labour unions and many Nigerians....

For a growing economy, duty waivers are important. Industries need such waivers to be able to compete against import dumping. However, for an economy that is run with so much deceit and corruption, waivers are additional means of dispensing...

Financial experts and civil society activists have condemned the huge allocations to recurrent expenditure in the 2014 budget presented to the National Assembly last week. When she was appointed in 2011, Coordinating Minister for the Economy and Minister of...

A total of N12.2billion was proposed as recurrent and capital expenditure for the State House. Some of the major items of purchase include sewage truck, benches, embalming machine, wildlife animals among others accounting for the bulk of the N3.7bn...