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Editors Pick

FG Adopts Measures to Reduce Food Prices

The Federal Government has adopted some measures to reduce the price of food items in the country. Minister of Agriculture, Chief Audu Ogbeh, disclosed this yesterday while addressing State House correspondents at the end of the Federal Executive Council, FEC meeting. The Council had last...

WTO Tackles Nigeria Over Market Restrictions

The World Trade Organisation (WTO) has asked Nigeria to remove trade prohibitions and market restrictions in line with global free market policy that facilitates free trade across borders. This formed the crux of media interaction held in Abuja with a delegation from the WTO which...

Nigerian Ports Berth 19,833 Vessels in 3 Years – NBS

The National Bureau of Statistics (NBS) says the traffic statistics at Nigerian ports recorded 19,833 vessels berthed at the various ports between 2013 and 2016. The statistics is contained in a report on “Shipping and Port Activities 2013 to 2016’’ released by NBS in Abuja. Similarly,...

Senate Approves $1 billion Eurobond Sale as Investors Fret Over Oil, Forex Risk

Nigeria's Senate has approved the government's request to sell a $1 billion Eurobond to help the country finance its budget deficit, senate spokesman said. Nigeria is suffering its first recession in 25 years and needs to find money to make up for shortfall in its...

Aviation Sector Lost $2 Billion Investment in Two Years

THISDAY investigations have revealed that the aviation industry in 2015 and 2016 lost over $2 billion investment from international financiers who wanted a stake in Nigeria air transport sector due to the prevailing economic downturn. Considering the huge potential market for aircraft maintenance in Nigeria,...

FG Earmarks Over N30bn for Housing Programme for Civil Servants

The Federal Government, said it has already committed over N30 billion for the execution of affordable houses for civil servants under the Federal Integrated Staff Housing, FISH, programme. Head of the Civil service of the Federation, Mrs. Winifred Oyo-Ita, made the disclosure at a one...