The federal government, as a way of growing the nation’s economy, had set aside almost N1 trillion as intervention funds for businesses across all sectors of the economy. However, the Central Bank of Nigeria (CBN), has accused commercial banks of...

…Begin entrepreneurship training for staff Shell and Chevron have begun entrepreneur-ship valedictory training for some of their staff, as the lingering tough time forced the companies and other International Oil Companies (IOCs) operating in Nigeria to slate about 250 fresh...

The Minister of Communications, Barrister Adebayo Shittu, has said Nigeria was expending $550 million on two back-up satellites to put an end to capital flight. He also explained that a dedicated account had been opened for the fine imposed...

The World Bank and International Monetary Fund, IMF, have piled pressure on the Federal Government to come up with an economic blueprint, if its drive for foreign loans was not to be stalled. Vanguard gathered that officials of both...

In its bid to stimulate development and lift the economy out of the murky waters of recession, the federal government has decided on a comprehensive foreign borrowing, but not without reactions from stakeholders in the economy. The federal government’s intention...

Nigeria will consider the sale of the country’s four refineries only after they have been rehabilitated to work efficiently, minister of Petroleum Resources, Ibe Kachikwu, has said. Kachikwu said yesterday at a public presentation of short and medium term priorities...