The private sector and development partners have so far committed $1.7billion for the development of agriculture in the country under the New Alliance and Grow Africa Partnerships. The partnership was an initiative of G8 Summit at L’Aquila, Italy, which was...

...Ijaw Youths Council hails cessation of hostilities The ceasefire announced by the militant group, the Niger Delta Avengers, on Saturday night has offered new hope for the resolution of the crisis in the oil-rich region as several stakeholders welcomed the...

The returns on foreign exchange (FX) utilisation published by some of the international banks have revealed that the pressure on capital outflows has gradually subsided. Unlike in the past when FX purchases for repatriation of capital used to feature prominently...

The Nigerian Bulk Electricity Trading Plc (NBET) and Central Bank of Nigeria (CBN) are currently negotiating new financial stimulus worth N180 billion to support electricity operators in Nigeria’s power sector, THISDAY has learnt. The paper gathered from an exclusive interview...

The Federal Government has started compiling the list of legislators in both chambers of the National Assembly over constituency projects earmarked for them in the 2014 and 2015 budgets, which were not executed. The sum of N100bn was earmarked for...

Aero Contractors, one of Nigeria’s largest domestic airlines, is set to lay off some of its workers as its financial crisis becomes worsened. Already, the airline is in talks with aviation unions on how to cut down on the number...