Business

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...

Trade relationship between the United States and Africa, as well as the African Growth and Opportunity Act (AGOA) - which provides exporters duty-free access...

For failing to meet the July 31, 2014 recapitaisation deadline, operating licences of 766 Bureaux De Change have been revoked by the Central Bank...

Director-General, Bureau of Public Enterprises (BPE), Benjamin Dikki, said power privatisation in the country had started yielding results with 18-hour uninterrupted power supply to...

Sandi Sesay’s boss promised him three months of pay when he told the driver to stop coming to work. The goal was to prevent...

On the 20th February, 2014, President Goodluck Jonathan suspended Mallam Sanusi Lamido Sanusi as the Governor of Central Bank of Nigeria. The Presidency premised...

... Says new policy has attracted more investors into Nigeria  The Federal Government has commenced onsite inspection of local automotive assembly plants across the country...

“Huge amount is required to invest in the power sector and the financial institutions are needed to finance some of these projects. The private...

By Chris Kay DangoteGroup, controlled by Africa’s richest man AlikoDangote, is considering the purchase of Nigerian oilfields as international companies plan to sell onshore assets in the continent’s top...

The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, has said that the privatisation of Nigeria’s power sector has unlocked the investment opportunities in...

…engages stakeholders on Backward Integration Policy  The Federal Government has said that it has concluded plans to develop and implement a comprehensive Backward Integration Policy...

Nigeria’s foremost conglomerate, Dangote Industries Limited, will invest $300 million (N50 billion) in local rice production to make the country self-sufficient and stop importation...

 ...new textile policy out soon   Nigeria’s cement industry has attracted additional investment worth $8 billion, driven largely by the implementation of the Federal Government’s Backward...

Olusegun Aganga, the minister for industry, trade and investment, says the Federal Government’s main focus in 2014 was to process the country’s agriculture raw...

The National Automotive Council (NAC) says Nigerians would soon be able to purchase brand new made in Nigeria cars for as low as N1.2...

Researchers at the International Institute of Tropical Agriculture (IITA) have successfully grown seed yams in the air using aeroponics technology, raising hopes and more...