Business

Nigeria’s economy is one of the world’s largest, says Jonathan

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11 years ago

President Goodluck Jonathan said on Tuesday that his administration had managed the country’s economy to become the greatest in Africa…

FG pledges stronger trade ties with developing countries

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11 years ago

President Goodluck Jonathan on Tuesday said his administration would continue to support the development of more mutually beneficial trade and…

Solid minerals, future of Nigeria’s economy, says Sada

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11 years ago

Musa Sada, the Minister of Mines and Steel Development, said the need to develop solid minerals in Nigeria had become…

Okonjo-Iweala assures civil servants of December salaries

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11 years ago

The Federal Government on Monday assured workers that payment of December salaries would take effect soon as it had started…

World Bank to support Nigeria’s power sector with N294bn

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11 years ago

The Bureau of Public Enterprises (BPE) on Monday said that the World Bank would support the Nigeria’s power sector with…

2015 Budget: Economic analyst cautions FG on inflation

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11 years ago

Mallam Sani Shehu, Kano-based economic analyst, has urged the Federal Government to take measures to prevent inflation following the diversification…

Eko Disco purchases 40 transformers worth N200m

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11 years ago

The Eko Electricity Distribution Company (EKEDC), says it has acquired 40 new distribution transformers as part of efforts to boost…

Community wants $100m compensation from Mobil

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11 years ago

Ibeno community in Akwa Ibom, wants Mobil Producing Nigeria (MPN) Unlimited, to pay 100 million dollars annually to the community…

CBN Unveils New N100 Note

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11 years ago

The Central Bank of Nigeria said that the commemorative N100 banknote unveiled recently by President Goodluck Jonathan, is going into…

Cargo Flights Suspended To Lagos Airport

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11 years ago

Simon Ateba All ‎cargo flights have been suspended at the Murtala Muhammed International Airport in Lagos, the Federal Airports Authority…

FG approves sale of NITEL/MTEL for $252m

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11 years ago

The National Council on Privatisation (NCP) on Thursday approved the sale of the liquidated Nigeria Telecommunication Plc. and its subsidiary,…

FG awards N12bn contracts for sea port projects in Lagos, Makurdi

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11 years ago

The Federal Government on Wednesday approved a 59-million-dollar (N9 billion) contract for the construction of Berth 21 at the Terminal…

Eko Disco announces 7-hour power outage in Lagos, VI, Ikoyi

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11 years ago

Eko Electricity Distribution Plc (EKED) said that there will be seven hour power supply interruption to some areas within its…

Okonjo-Iweala denies 1bn dollars missing from Excess Crude Acct

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11 years ago

The Minister of Finance, Dr Ngozi Okonjo-Iweala, on Wednesday said that there was no money missing from the Excess Crude…

FG approves N24bn for rehabilitation of Onitsha-Enugu Expressway

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11 years ago

The Federal Executive Council (FEC) on Wednesday in Abuja approved N24.2 billion for the rehabilitation of the outstanding section of…

FG, States, LGs share N628.8bn for November

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11 years ago

The Minister of State for Finance, Mr Bashir Yuguda, on Tuesday said that the Federal, states and local government shared…

Fidson boss urges healthcare companies to embrace listing

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11 years ago

Fidson Healthcare Plc, Dr Fidelis Ayebae has joined other stakeholders in the health sector and capital market in urging Healthcare…

SON destroy sub-standard goods worth N5billion

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11 years ago

The Standards Organization of Nigeria (SON) said on Tuesday that it destroyed substandard goods worth N5 billion in the first…

Jonathan to reduce government spending in 2015 budget

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11 years ago

President Goodluck Jonathan warned Tuesday that Nigeria could be forced to cut further the amount of oil revenue it uses…

We forecasted crude oil price crash – Jonathan

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11 years ago

President Goodluck Jonathan on Tuesday in Abuja said that the falling price of crude oil did not take his administration…

Ministry meets with NUPENG, PENGASSAN over strike

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11 years ago

The Federal Ministry of Labour and Productivity has scheduled a meeting with NUPENG and PENGASSAN against Tuesday in Abuja to…

47 ships laden with petroleum products, containers arrive Lagos

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11 years ago

Forty-seven ships containing petroleum products, foods, containers and other commodities are expected to arrive Lagos from December 15 to January…

Oil prices slide to new five-year low

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11 years ago

Global oil prices slid to new multi-year lows Monday after a top OPEC official suggested that speculation largely was driving…

Netherlands unveils plan to develop Nigeria’s agriculture sector

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11 years ago

The Head of Netherlands Representation in Lagos, Mr Michel Deelen, on Sunday said that his government planned to provide Nigerian…

PENGASSAN, NUPENG to begin strike on Monday

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11 years ago

Nigeria’s two main oil workers’ unions said they would launch an indefinite strike on Monday, threatening to hurt the output…

2015: Capital market registrars seek implementation of austerity measures

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11 years ago

The Institute of Capital Market Registrars (ICMR) on Saturday said there would be hard times in the equities market in…

Chidoka says Jonathan will transform Aviation College

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11 years ago

Minister of Aviation, Chief Osita Chidoka, said transforming Nigerian College of Aviation Technology, Zaria to meet 21st century aviation challenges,…

Customs denies molestation of FAAN manager

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11 years ago

The Nigeria Customs Service, Murtala Muhammed International Airport (MMIA) Command, on Saturday said that its personnel were not involved in…

Yuguda urges NDIC to protect depositors’ funds

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11 years ago

The Minister of State for FCT, Mr Bashir Yuguda, has called on the Nigerian Deposit Insurance Corporation (NDIC) to ensure…

EFCC arraigns contractor, 2 ex-MTN staff over N1b fraud

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11 years ago

Eromosele Ebhomele The Economic and Financial Crimes Commission, EFCC, has arraigned a contractor, Mutairu Babatunde, and two former staff of…

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