President Goodluck Jonathan wrote the House of Representatives on Tuesday seeking to present the estimates of the 2014 budget to a Joint Session of the National Assembly. In the letter read by the Deputy Speaker, Mr. Emeka Ihedioha, the President...

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Engr. Andrew Yakubu, has admitted that the persistent attacks on major crude oil arteries are having a negative impact on the nation’s revenue. Continuous crude oil theft, pipeline vandalism...

Federal Government of Nigeria and the Hungarian Government are to sign a Memorandum of Understanding on areas of joint co-operation of the multitudes of opportunities presented for the mutual benefits of both countries. This position was made known during a...

Revenue accruable to the Federal Government from crude oil exports dipped by N188.5 billion to N457.2 billion in August 2013, compared to N645.7 billion recorded in July. According to data obtained from the Central Bank of Nigeria, CBN, in its...

As Nigerians prepare for a national dialogue, the Manufacturers Association of Nigeria, MAN, Apapa Branch, has called for an all embracing discourse that will take the plights of manufacturers in the nation into account. Making the call at the association’s...

Trade volume between Nigeria and Russia stands at $250 million, the Russian Ambassador to Nigeria, Nikolay Udovichenko, has said. He said though the figure is not so big in terms of statistics, the performance coud be lifted significantly. The Ambassador, who spoke...