Dreams of lower construction costs by prospective homeowners might have become a nightmare, going by fresh increase in the price of cement products by manufacturers. The development has already triggered a ripple effect in the open market, with prices going...

Faced with a rash of crit­icisms from Nigerians over its lacklustre per­formance after over a year in office, the ruling All Progres­sives Congress (APC) has ad­mitted that it cannot fix the country’s ailing economy overnight. The party said that it...

‘It’s not true, entire N5.3tr industry’s capitalisation can’t even fund one oil rig’ Nigerian banks have become very stringent in funding oil and gas projects owing to a doubtful balance sheet position and inability of firms to service previous loans...

•To train 400,000 youths The Federal Government, is set to establish technology hubs across the six geo-political zones in the country, including Lagos and Abuja. Vice President Yemi Osinbajo said this at the flag off ceremony of Google Digital Training for...

The nation’s pension fund has hit N5.8 trillion, the National Pension Commission, PenCom, disclosed. Presenting a paper at the forum of Finance Correspondents’ Association of Nigeria, FICAN, in Abuja, Head of Investment Supervision Department, Mr. Ehimeme Ohioma, who represented...

The National Pension Commission said it was engaging the Economic and Financial Crimes Commission to prosecute individuals and companies that had yet to remit the pensions of their employees that were deducted at source. It said the leaderships of both...