After successfully mobilising funds for his $9 billion investment in refining and petrochemical sub-sector of the petroleum industry, President of Dangote Group, Aliko Dangote, has declared that only an enabling environment provided by all stakeholders in the industry remains...

The naira firmed against the United States dollar at both the bureaux de change (BDC) and parallel market segments Monday as a result of moderate demand for the greenback. The nation’s currency maintained its worth at the BDC and parallel...

The Governor, Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, took some time off to field questions from journalists on the sidelines of the just-concluded 2013 IMF/World Bank meetings in Washington DC, United States. The THISDAY team comprising...

The total amount of deposit money banks’ (DMBs’) reserves with the Central Bank of Nigeria (CBN) further increased significantly to N3.176 trillion in September 2013. The latest CBN money and credit statistics for September showed that the amount represented an...

Introduction The age-old campaign for convoking a Popular National Conference in Nigeria subject to the sovereign will of the Nigerian people (shorthand name: Sovereign National Conference SNC) has now gained tremendous impetus following President Goodluck Ebele Jonathan’s setting up, in...

Internet subscription through the Global System for Mobile Communication networks leapt by 22.07 million to reach 50.41 million between August 2012 and July 2013, the Nigerian Communications Commission has said. Statistics published by the regulatory agency on its website showed...