No fewer than 128 Indigenous and International Oil and Gas companies have indicated interest to participate in the Nigerian National Petroleum Corporation’s (NNPC) Direct Sale of Crude Oil and Direct Purchase of Products (DSDP) programme. The DSDP arrangement is a...

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta, has said that the role of digital transformation in our society should be appreciated beyond the realm of statistics churned out in the telecommunications sector. A...

The federal government is currently in a fix over which model to adopt as it moves to float a new national carrier, findings by Daily Trust have shown. Following the submission of the report of the National Carrier Committee last...

The country’s manufacturing activity fell to 48.2 index points in January 2017, down from 52.0 recorded in December, the Central Bank of Nigeria said in its latest Purchasing Managers’ Index. The report showed that while the manufacturing PMI dropped to...

The Federal Government has said that to get the Ajaokuta Steel Complex to produce at full installed capacity requires an investment of $2bn. The Minister of Mines and Steel Development, Dr. Kayode Fayemi, was quoted to have said this in...

The Central Bank of Nigeria’s (CBN) current forex policy is aimed at ensuring strict monetary policy that will help check inflation, reduce unemployment and ensure economic growth, a coalition of civil societies has said. A statement by the president of...