Business

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

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

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...

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...

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

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...

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

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...

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

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...

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,...

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

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

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...

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...

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...

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...

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

Minister of Power, Prof. Chinedu Nebo says the Federal Government has approved $4.7 billion for the expansion of power transmission and increase electricity supply...

Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina, has said that Nigeria is expected to generate $1.5 billion from cocoa ex­ports in 2014. Adesina...