The Chairman of Transnational Corporation of Nigeria (Transcorp), Mr. Tony Elumelu has restated the commitment of his pan-African proprietary investment company to invest $2.5 billion to the power sector.
Speaking at the weekend after he was handed over the Ughelli...
A survey has shown that 37 per cent of Nigerians are not aware of mobile money and as such do not use the payment platform.
Philip Consulting disclosed this in a report on mobile money.
According to the report, of the...
Revenue earned by Nigeria this year may be as much as $12 billion short of budget estimates as theft of crude and output disruptions persist in the oil-rich Niger River delta, Finance Minister Ngozi Okonjo-Iweala said. The government will...
The Nigerian Stock Exchange (NSE) closed the week on a positive note, consolidating on its previous week’s gains as the market capitalisation gained N97.09 billion to close at N12.07trillion from N11.97 trillion at which it opened the week.
The All-Share...
The quest of having Nigeria included in the league of BRICS countries will remain a mirage without a virile productive sector.
The out-going chairman, Manufactucturers Association of Nigeria, MAN Apapa branch, Mr. John Aluya, made the remark at the association’s...
The Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi Friday stated that having the right balance in appointing his successor was more important than whether his successor was appointed from outside or within the institution.
Bloomberg quoted...