Business

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...

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For failing to meet the July 31, 2014 recapitaisation deadline, operating licences of 766 Bureaux De Change have been revoked by the Central Bank...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