Economy
Nigeria signs $1.49bn railway deal with China
Federal Government of government said on Wednesday it had signed a $1.49 billion contract with state-owned China Civil Engineering Construction Corp (CCECC)…
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Economy
Economy
Raw Materials Council, researchers produce brake pads from palm kernel shell
The Raw Materials Research and Development Council (RMRDC) and a team of researchers have produced automotive brake pad and linings using palm…
Economy
LCCI decries slow pace of clearing goods at seaports
Lagos Chamber of Commerce and Industry (LCCI) has said that the slow pace of clearing goods at the nation's seaports was militating…
Economy
Forum seeks partnership with AfDB to promote indigenous goods – DG
The Nigeria Steering Committee on Pan Africa Competitiveness Forum (PACF) on Monday sought for partnership with the Africa Development Bank (AfDB) to…
Economy
FG plans cassava bread fund, removes duty on cassava active agent
The Federal Government said it had concluded plans to establish a cassava processing fund to ensure effective processing and production of the…
Economy
Abia seeks RMAFC’s intervention on contentious oil wells
Deputy Governor of Abia State Nigeria; Mr Emeka Ananaba has called on the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to resolve…
Economy
FG spends N1bn yearly on rice importation — Official
Acting Director of the Cross River Basin Development Authority (CRBDA) Mr Mfon Essien said that the Federal Government of Nigeria has been…
Economy
Nigerian Content, Shell, equipment manufacturers to inject $62m into oil and gas sector
The Nigerian Content Development and Monitoring Board (NCDMB) and Shell Petroleum Development Company have signed an agreement with five equipment manufacturers to…
Economy
Cocoa prices rise on demand surge
Cocoa farm gate prices in most of Côte d'Ivoire's growing regions were stable to higher last week as prices at ports rose…
Economy
S/Court confirms Akwa Ibom ownership of 76 offshore oil wells
The Supreme Court in Abuja on Tuesday confirmed Akwa Ibom as the owner of the 76 offshore oil wells claimed by Cross…
Economy
Okonjo-Iweala, Okogu express worry over bloated public sector wage bill
Minister of Finance and Coordinating Minister for the Economy Dr Ngozi Okonjo-Iweala, has cautioned that the rising public sector wage bill could…
Economy
NANTs wants Nigeria to analyse impact assessment of EPA
The National Association of Nigerian Traders on Tuesday advised the Federal Government to study the impact assessment report on the Economic Partnership…
Court strips RUSAL of aluminium firm ALSCON
Nigeria's supreme court has ordered that Russia's RUSAL, the world's largest aluminium producer, be stripped of ownership of former state-owned Aluminium Smelter…
Stop illegal, wasteful expenditure, increase capital provision to 40 % CWP tells FG
By Omoh Gabriel Nigerians being represented by Citizens Wealth Platform will this morning be telling the federal government to increase the capital…
Budget 2013: FG to set up Fund to pay domestic debt
Minister of Finance and Coordinating Minister for the Economy, Dr. (Mrs) Ngozi Okonjo-Iweala has disclosed that the federal government will set up…