Mambilla Power Plant to Gulp $5.72b
Nigeria’s 3, 050 Megawatts Mambilla Power Plant will cost US$5.72 billion, the minister of Power, Works and Housing, Mr. Babatunde Fashola has said.
He said arrangements were at an advanced stage to secure the funds from the Chinese government in...
Vlisco to Invest $200m in Nigeria
…700,000 jobs underway
Vlisco Group, a Dutch clothes firm, has proposed an investment of 200 million dollars by the company in Nigeria, which would, in turn, create 700,000 jobs.
President Muhammadu Buhari has welcomed the proposal and pledged to revive the...
Buhari: N24bn Saved Monthly By FG Through TSA, Others
The Federal Government is saving a total of N24.7bn per month as a result of the implementation of the Treasury Single Account and the elimination of ghost workers from the civil service, President Muhammadu Buhari, has...
No more shady oil deals, brazen theft of billions- Buhari
President Muhammadu Buhari says his administration is making progress in the fight against corruption as shady oil deals and the brazen theft of billions of Naira are no more.
The president stated this in his address...
FG, HSBC Fight Dirty
The Federal Government(FG) of Nigeria appears not to be taking lightly the alarm raised by the British multinational bank (HSBC), which predicted that re-electing President Muhammadu Buhari in 2019 could further worsen Nigeria’s present economic situation.
Barely 48 hours after the presidency...
Nigeria’s Finance Minister Adeosun  resigns
Nigeria’s finance minister, Kemi Adeosun, has allegedly resigned, a yet-to-be confirmed report has said. Though no clear time has been indicated when she submitted her resignation letter, the source said the resignation followed the allegation of not participating in the...
