FDI From UK May Rise To $4.5bn By 2030 - NEPC Boss The Executive Director/CEO of Nigerian Export Promotion Council (NEPC) Mr. Olusegun Awolowo, has said foreign Direct Investment (FDI) from United Kingdom (UK) into Nigeria may rise from the...

Nigeria’s GDP Grew by 2.38% in Q4 The National Bureau of Statistics (NBS) in its latest report said Nigeria’s Gross Domestic Product(GDP) in the fourth quarter of 2018 grew by 2.38 per cent. The Nigerian economy slipped into recession in 2016,...

Abuja chamber Advocates tax reform to grow SMEs Abuja Chamber of Commerce and Industry (ACCI), has called for urgent tax reforms to safe Small and Medium Enterprises (SMEs) from demands for tax even before they begin to make profit. Mr Adetokunbo...

NDIC Board Pledges Commitment to Financial System Stability Members of the newly inaugurated Board of the Nigeria Deposit Insurance Corporation (NDIC) have stated their commitment to the formulation of sound policies to enhance the safety and stability of the nation’s...

Oil Giants Earn $80bn Profits in 2018 ExxonMobil and other supermajor oil companies earned close to $80billion in profits in 2018 The world’s top oil companies, the “supermajors” — US firms Chevron and ExxonMobil, Britain’s BP, Anglo-Dutch Royal Dutch Shell and...

Power Generation, transmission Peaks at 5,375MW – TCN The Transmission Company of Nigeria (TCN) says the National Grid successfully transmitted a new generation peak of 5,375MW on Feb. 7. Mrs Ndidi Mbah, TCN General Manager, Public Affairs in a statement in...