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Saturday, August 24, 2019

Nigerians Amidst Dwindling Economy

Though subtle, Nigeria’s dwindling economic can be likened to American recession of early 21st century which lasted from 1929 until 1933. It was caused by...

Transforming Agriculture to New Oil

Recent economic developments have again, thrown up the debate on the diversification of the economy. It is in the light of this that it...

Oil price crash: Why Nigeria yet to feel the impact

This simple story posits that Nigeria has built up strength and resilience from sustained reforms and structural transformation and because of this, it is...

Nigeria’s Economy’ll Grow By 6% In 2015 —AfDB

Dr. Ousmane Dore, the Country Director, African Development Bank (AfDB) for Nigeria, has predicted that the Nigerian economy will grow by six per cent...

Nigeria’s Seplat gets more time to make an offer for Afren

British oil producer Afren Plc said the UK Takeover Panel extended the deadline for Nigeria's Seplat Petroleum Development Co to make a firm offer...

Nigeria Vehicle Purchase Scheme To Begin In March

A total of N2.5 billion has been set aside for the flag-off of the Nigerian Vehicle Purchase Scheme expected to commence in March 2015. According...

South Africa Emulating Nigeria Power Sector Reforms – Minister

Minister of State for Power, Alhaji Mohammed Wakil says South African was now emulating the Nigerian power sector privatisation model in the transformation of...
Godwin Emefiele CBN Governor

Why more Nigerian micro-finance banks may collapse

Managing Director of Asha Microfinance Bank, in Nigeria’s western city of Lagos, Mr Aminul Bhuiya, has raised fears about the possible collapse of more...

Elections: Economic Boom for Nigerians?

All is almost set for the 2015 elections as virtually all party primaries have been concluded. Candidates are now setting the ball rolling and...

Now Is Time To Remove Fuel Subsidies

The dramatic change in the level of subsidy was due to the increase in national demand to 35million litres/day, sometimes, more, as well as...

Insurance Stakeholders Commit To Create 300k Jobs In 10 Years

Identifying that the insurance industry has not contributed its optimum to the Nigerian economy, stakeholders led by Coordinating Minister in charge of the Economy...

Shippers’ Council As New Port Regulator

Director General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Dikki, has reiterated the Bureau’s commitment to ensuring that the Nigerian Shippers’ Council...

Toyota Recalls 1.75mn Vehicles Globally

World’s leading car maker, Toyota has recalled 1.75 million vehicles globally, over glitches that posed a fire risk or threatened to “degrade” brake performance,...

IMF Insists On Prudent Use of Bond Proceeds

To ease repayment imperatives at maturity, the International Monetary Fund (IMF) has warned African governments against spending monies realised from sovereign bond issuance on...

How MDGs Office Empowers Rural Farmers

Senior Special Assistant to the President on the Millennium Development Goals, Dr. Precious Gbeneol has enjoined farmers who got free fertilizers during the official...

Nigeria’s Trade With China Hits $11.7b

THE bilateral trade volume between Nigeria and China has hit $11.76 billion in the first eight months of this year. This represents a 36...
Goodluck Jonathan

President Jonathan Approves $7bn Mambilla Hydro Dam contract for 3,050MW

President Jonathan Approves $7bn Mambilla Hydro Dam contract for 3,050MW President Goodluck Jonathan will sign the Mambilla Hydro Dam contract next month. The Minister of State...

Obama’s $14bn Infrastructure Initiative To Boost Investment

Nigeria and the United States have commenced plans to leverage on US President Barack Obama’s $14bn investment pledge for Africa, for an effective financing...

UBA Group Appoints Tony Elumelu Chairman

The board of United Bank for Africa Plc (UBA) has appointed Tony O. Elumelu as Chairman, succeeding Ambassador Joe Keshi. Elumelu retired as Group Managing...

NICOM Endorses Airtel Insurance Plan For Subscribers

Airtel Nigeria, MicroEnsure and Cornerstone Insurance Plc have jointly launched a free insurance product which offers Airtel customers life and medical insurance with increasing...