The Director-General of the Nigerian Civil Aviation Authority (NCAA), Capt. Muhtar Usman has said that Nigeria is preparing the aviation sector to develop the capacity and infrastructure that will enable it accommodate the expected passenger surge in the next 13 years. The International Air Transport...

The Nigerian National Petroleum Corporation has announced an increase of 1.97 per cent in the country’s gas flare rate. According to the national oil firm, in its latest monthly financial and operations report for August 2017, the country’s gas flare rate increased from 10.03 per...

The Minister of Finance, Mrs. Kemi Adeosun stated that the Federal Government would apply the sum of $3bn in refinancing the legacy debts of the immediate past administration. The outlay is part of the $5.5bn foreign loan being sourced from the international financial markets, according...

Nigeria has lost about $90m investment to kenya as Coca-Cola expands operations in East Africa. Despite two recent Executive Orders signed by Vice President Yemi Osinbajo, to improve the Ease of Doing Business in the country, more multinational corporations have continued to move fresh investments...

The Minister of Transportation, Rotimi Amaechi, has said that the $36bn being sought by the Federal Government for rail lines construction across the country would be used to connect virtually all state capitals in Nigeria by rail. Speaking as a guest during a radio programme...

The National Bureau of Statistics (NBS) says the Gross Domestic Product in real terms declined in the third and fourth quarters of 2016. The NBS made this known in its “Nigerian Gross Domestic Product Report on Expenditure and Income Approach for the third and fourth...