The Vice President, Prof. Yemi Osibanjo has said Nigeria will still need revenues from crude oil to rebuild her economy, diversify it and overcome her dependence on oil. Osinbajo also said the country’s chances of deriving maximum benefits from her petroleum industry had increasingly contracted...

Seven Energy International Limited has signed a $112m Partial Risk Guarantee with the Federal Government for the supply of natural gas by its wholly-owned subsidiary Accugas to the 560 megawatts power station built under the National Integrated Power Project scheme in Calabar, Cross River...

• 1.61m struggle to fill 10,500 vacancies • Senate seeks emergency declaration on joblessness • Summons labour, productivity minister As the number of the unemployed in the country continues to rise due to downsizing in the productive and services’ sectors, the Federal Government may find it difficult...

Vice-President Yemi Osinbajo, has explained that the current administration decided to invest heavily in infrastructure because it is convinced the effort would translate into economic growth for the country. Speaking at the African Development Bank Knowledge Sharing Forum in Abuja, the Vice-President, who was represented...

• World Bank report on Nigeria’s reforms excites FG The Senate has approved a bill seeking to end all forms of business monopolies in Nigeria and promote trade competition in the 36 states of the federation. The upper legislative chamber, therefore, approved scrapping of the Consumer...

Nigeria and other member-states of the African Union have signed an African Charter on Maritime Security, Safety and Development in Lome, Togo where Vice President Yemi Osinbajo, says without securing the Seas and Oceans, the continental 'blue economy,' would be jeopardised. After signing for Nigeria,...