After successfully mobilising funds for his $9 billion investment in refining and petrochemical sub-sector of the petroleum industry, President of Dangote Group, Aliko Dangote, has declared that only an enabling environment provided by all stakeholders in the industry remains a panacea for any meaningful...

The total amount of deposit money banks’ (DMBs’) reserves with the Central Bank of Nigeria (CBN) further increased significantly to N3.176 trillion in September 2013. The latest CBN money and credit statistics for September showed that the amount represented an increase by N392 billion or...

In the fight against the Boko Haram sect, much has been heard about the casualty figures in men and material without commensurate information on expenditure on the war effort and its consequences. The piecex-rays the spendingson insecurity with findings that the Federal Government may...

The Growth Enhancement scheme (GES) – the nerve centre of the on-going agricultural revolution in Nigeria received further accolade today as National Assembly vows to sustain its operation through a law to institutionalize the process. Addressing a large crowd which included the Minister of Agriculture, Dr. Akinwumi Adesina, the...

Nigerian banks would need the support of institutional and foreign investors to fund the huge resources needed to drive various ongoing infrastructure projects, especially the over $8bn required to meet the deficit in the power sector for the next 10 years. The Director and Head,...

The Lagos Chambers of Commerce and Industry (LCCI), has once more warned against the danger of having the oil sector as the country’s economic mainstay. Thus, the Chamber stressed the need for the diversification of the economy. The President, LCCI, Mr. Goodie Ibru, stated this...