Shola Shittu

Foreign Investors Release $14bn For Projects in Nigeria

A group of international investors has approved the release of $14bn for key projects expected to speed up the economic revival of Nigeria. The money is part of $200bn pulled together by the group under the aegis of Greenstone Capital...

NCC Rates Telecoms Firms in Data Subscription

The Nigerian Communications Commission has released details of how the four major operators fared in the data market in the month of June. From the figures published on the commission’s website, Globacom finished top of the table with 26,628,065 Internet...

Oil rises to $48 ahead of OPEC meeting

Global oil benchmark, Brent crude, rose on Monday to its highest level in a month on rising speculation that major producers may work out ways to support prices in an oversupplied market. Brent, against which half of the world’s oil...

FG to Engage 100,000 youths as extension workers

youths in Nigeria have reasons to smile as Vice President Yemi Osinbajo announced a plan by the Federal Government to employ 100,000 youths as extension workers, in a bid to provide support services to farmers. Osinbajo, who disclosed this in...

Nigeria Imports Over N7trn Food Items Annually –Ogbeh

Minister of Agriculture and Rural Development, Chief Audu Ogbeh yesterday reeled out worrisome statistics, which showed that the country spends over $22 billion (N7trillion) annually on importation of various food items like wheat, rice, fish, and poultry products among...

How Nigeria Can Earn $16b From Export Yearly, by NPA Chief

The Federal Government can make about $16 billion yearly if the Nigerian Ports Authority (NPA) explores markets in West Africa and embarks on trade facilitation programmes that will boost exports. The NPA needs to synergise with companies such as UAC,...
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