Economy

The Presidential Committee on Verification and Reconciliation of Fuel Subsidy Payments submitted its final report to President Goodluck Jonathan on Tuesday in…

The Economic and Financial Crimes Commission (EFCC) will on Wednesday in Lagos arraign some oil marketers and their companies for their alleged…

Nigeria’s external trade balance improved to 10.67 billion dollars (N16.63 trillion) in the first quarter of 2012, from the 8.44 billion dollars…

Minister of Finance and coordinator of the Economy, Dr Ngozi Okonjo-Iweala, says Nigeria loses more than N2 trillion annually to capital flight…

The Federal Inland Revenue Service (FIRS) Nigeria has generated through taxation N2.43 trillion in the first half of 2012. This collection represents…

The nation’s inflation rate inched by 0.2 from the 12.7 per cent in May to 12.9 in June, according to latest figure…

The U.S. Senate Finance Committee voted on Wednesday to renew an expiring trade benefit that has helped create hundreds of thousands of…

Federal Government of government said on Wednesday it had signed a $1.49 billion contract with state-owned China Civil Engineering Construction Corp (CCECC)…

The Raw Materials Research and Development Council (RMRDC) and a team of researchers have produced automotive brake pad and linings using palm…

Lagos Chamber of Commerce and Industry (LCCI) has said that the slow pace of clearing goods at the nation’s seaports was militating…

The Nigeria Steering Committee on Pan Africa Competitiveness Forum (PACF) on Monday sought for partnership with the Africa Development Bank (AfDB) to…

The Federal Government said it had concluded plans to establish a cassava processing fund to ensure effective processing and production of the…

Deputy Governor of Abia State Nigeria; Mr Emeka Ananaba has called on the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to resolve…

Acting Director of the Cross River Basin Development Authority (CRBDA) Mr Mfon Essien said that the Federal Government of Nigeria has been…

The Nigerian Content Development and Monitoring Board (NCDMB) and Shell Petroleum Development Company have signed an agreement with five equipment manufacturers to…