FG Plans To Split Gas From Oil Leases To Boost Output
Nigeria, Africa’s biggest oil producer, plans to issue separate leases for gas assets in order to attract more investors to boost output of the...
Reviving Comatose Mining Industries
Minerals are essential for modern day living and mining is still the primary method of their extraction. Organized mining in Nigeria began as early...
BPE Pays N373bn To PHCN Staff
Director General of the Bureau of Public enterprises (BPE), Mr. Benjamin Ezra Dikki has informed members of the National Union of Electricity Employees of...
Nigerian Chinedu Echeruo Sells Hopstop.com for $1billion
Apple has bought Chinedu Echeruo’s HopStop.com, according to AllThingsDigital. Founded in 2005, HopStop.com makes mobile applications for both iOS and Android that covers over...
Improving Social Amenities To Grow The Economy
In modern times, the citizens demand from their leaders basic social amenities that would not only guarantee their happiness and welfare but also promote...
Oando Energy Resources Raises Oil Reserves
Oando Energy Resources Incorporated, a wholly-owned subsidiary of Oando Plc, which is into oil and gas exploration and production says it has significantly increased...
Starting A Poultry Farm
Poultry farming creates great business opportunity for entrepreneurs, and provides employment for the job seeking citizens.
Poultry farming in Nigeria is probably one of the...
Giant Strides In Agricultural Transformation
Food is as essential as oxygen to the human body, and it is one of the major indicators of poverty index. It is generally...
Privatisation of BoI, BoA, NCX Still At Prelim Stage, Says BPE
The Bureau of Public Enterprises (BPE) has explained that the privatization processes for the Bank of Industry (BoI), Bank of Agriculture (BoA) and Abuja...
Economy Attracted $21.3bn Capital Inflow In 2014
Total capital imported in the year of 2014 summed to $20,750.76 million, lower by $576.61 million or 2.66% from the $21,318.38 million that was...
Nigeria: Driver of Regional Integration in W/Africa, Says AFDB
The African Development Bank, AfDB, has identified Nigeria as the West African’s largest market with great potential to be a main driver of regional...
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...
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...
