...Secures presidential approval to access Natural Resource Fund  ...W’Bank to also support transactions in mining sector The Minister of Solid Minerals Development, Dr. Kayode Fayemi, has disclosed that he is currently negotiating a $500 million investment fund with the Nigerian Sovereign...

The Kwara State Governor, Alhaji Abdulfatah Ahmed, says the state government is set to address about N255bn infrastructure gap and environment needs of the state. He stated that in spite of the current economic recession, his administration was desirous of...

Two of the nation’s power plants were shut down on Sunday, bringing the total number of idle plants to nine. The affected plants were Olorunsogo II in Ogun State and Trans-Amadi in Rivers State, with their installed generation capacity put...

Fifty customers owe commercial banks the sum of N5.23tn, representing 33.4 per cent of the total private sector credit exposure of N15.68tn, the Central Bank of Nigeria’s Financial System Stability report has stated. The FSS report, posted on the CBN...

...World Bank, others set to release $1.3bn funding for Nigeria’s Devt Bank ...Japan Agency to invest in Nigeria’s agro fisheries sector As the curtains were drawn on the 2016 annual meeting of the International Monetary Fund (IMF)/World Bank, in Washington DC,...

The Federal Government has reached an agreement with the World Bank Group and other development partners for the release of $1.3bn for the take-off of the Development Bank of Nigeria. The Minister of Finance, Mrs. Kemi Adeosun, said thisin Washington...