The $3.8 billion Egina Oil platform project has become a matter of litigation as the Lagos Deep Offshore Logistics (LADOL) has instituted…
Category:
Economy
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THE Federal Government through two of agencies Nigerian Maritime Administration and Safety Agency (NIMASA) and the National Oil Spill Response and Emergency…
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The National Planning Commission has said that agriculture contributed N348.7 billion to the nation’s economy in 2012, as against N335.18 billion recorded…
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The Federal Mortgage Bank of Nigeria (FMBN) said on Tuesday that it had collected N66.8 billion from contributors for the National Housing Funds (NHF) in…
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The Federal Government, on Tuesday, recorded a milestone in its effort to transform the Nigerian industrial landscape with the launching of the…
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The Nigerian Ports Authority (NPA) said that the cargo throughput at the ports rose by 2.6 per cent to 19.8 million tonnes…
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A recent World Bank report has said that for African countries to boost economic growth, there is need for them to create…
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— $18.3bn paid out in 12 weeks A total of $18.3 billion left the shores of Nigeria to foreign lands through…
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The Central Bank of Nigeria (CBN) on Friday said that 60 per cent or N132 billion of the N220 billion Micro, Small…
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BusinessEconomyNews
FG to introduce new textile policy soon as cement sector attracts $8bn new investment
Federal government has disclosed that it will soon introduce a new textile policy that will stem the spate of dumping in Nigeria.…
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The International Monetary Fund has raised its forecast for global growth this year as expansions in the U.S. and U.K. accelerate, and…
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The Federal Government is planning to seek approval from the National Assembly (N/A) to increase a planned $100 million diaspora bond. The…
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The Minister of Finance, Dr Ngozi Okonjo- Iweala, said that the 2014 budget envisaged a net collectible revenue of N7.50 trillion. Okonjo-Iweala,…
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The performance of the manufacturing sector of the economy has defied the various fiscal incentives introduced by the Federal Government to boost…
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Federal Government has presented a budget proposal of N4.6 trillion for the 2014 fiscal year to the National Assembly. The proposed budget…