Economy

The Federal Government is considering granting tax relief to manufacturers, who are generating their own power for production and other uses. Chief…

Gov. Babatunde Fashola of Lagos State on Friday advised African countries to increase trade among themselves in order to speed up the…

The Federal Government of Nigeria has said that it was targeting 16 billion dollars in foreign direct investment, (FDI) into the country…

Economic Community of West Africa States (ECOWAS) has called on member states and other stakeholders to evolve a comprehensive Action Plan to…

Two International Rating Agencies, Standard & Poor’s upgraded Nigeria’s credit rating on Wednesday because of improved financial stability and optimism over reforms…

Nigeria’s Finance Minister Dr. Ngozi Okonjo-Iweala has asked the National Assembly to expand its 2012-2014 external borrowing plan by $1.3 billion to…

BY OMOH GABRIEL THE International Monetary Fund, IMF, yesterday, cautioned Nigeria against expansionary fiscal policies, given the uncertainty that still pervades the…

Royal Dutch Shell expects to lift a force majeure on two grades of Nigerian crude oil by the end of November, a…

Nigeria is concerned that oil and gas prices could fall as more countries uncover reserves and sees the need to make plans…

Full Text of Nuhu Ribadu’s Oil Subsidy Report INTRODUCTION Report of the Petroleum Revenue Special Task Force We have pleasure in reporting…

The International Monetary Fund (IMF) says the Federal Government needs to curtail spending to avoid putting pressure on the crude oil benchmark.…

Nigeria, on Thursday, recorded a landmark achievement in its Investment Climate Reforms Programme as the Corporate Affairs Commission, a parastatal under the…

Gov. Babatunde Fashola of Lagos State on Wednesday presented a budget of N497.3 billion to the State Assembly for the year 2013.…

Nigeria’s Starcomms has agreed a $210 million investment deal with investor group Capcom Limited for a 90.5 percent stake in the telecom…

The International Monetary Fund has urged African oil and gas producing nations to direct their revenue in infrastructure and education rather than…