The Minister of Finance, Mrs. Kemi Adeosun has told the visiting Director, African Department of the International Monetary Fund (IMF), Mr. Abebe Aemro Selassie that the Federal Government is leaving no stone unturned in its bid to make infrastructure...

Against the background of the current paucity of forex, the Dangote Group has said it is currently driving six major projects, which will generate foreign exchange earnings of about $15n annually for the nation. The group, according to its President,...

The Federal Government will soon float a Diaspora bond to tap into the resources of Nigerians living abroad as one of the measures to overcome recession, the Senior Special Assistant to the President on Diaspora and Foreign Affairs, Mrs....

The International Monetary Fund (IMF) has expressed worry over what it described as the slow policy response of Nigeria and other oil exporting countries in sub-Saharan Africa to the economic crisis assailing the African region. The Fund stated this in...

After about three months of quiet, the Niger Delta Avengers resumed destruction of oil and gas infrastructure yesterday, when it bombed a Chevron-operated export pipeline at Escravos in Warri South Local Government Area of Delta State. The attack on the...

The House of Representatives has opposed moves by the Federal Executive Council to concede the Lagos-Kano and the Port Harcourt-Maiduguri rail lines to General Electric. The Lagos-Kano line is popularly known as the Western line, while the Port Harcourt-Maiduguri line...