The Federal Government on Monday said that it planned to reduce the recurrent expenditure by 65 per cent in 2015 to boost…
Economy
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For the first time in the history of Nigeria, a cable car company, Ropeways Transport Limited, is set to launch a cable…
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On a rough estimate, Nigerian subscribers may have spent well over N31.02bn on dropped and unconnected calls since January last year, owing…
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The National Economic Council (NEC) on Tuesday approved the release of one billion dollars from the excess crude account for distribution to…
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African Development Bank (AfDB) has signed an agreement to provide two sovereign-guaranteed multi-tranche lines of credit (LoCs) of $700 million to support…
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The Lagos Chamber of Commerce and Industry (LCCI) on Tuesday said that the double-digit Gross Domestic Product (GDP) growth rate predicted by…
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* Outrage greets govts squandering of N80 trn in 9 years THE sum of N8.8 trillion was disbursed to the three tiers…
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By Omoh Gabriel Indications are that the 2013 budget is already facing challenges and may not be fully implemented. The budget may…
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By Omoh Gabriel Director General, Standard Organisation of Nigeria SON, Dr. Joseph Odumodu yesterday said that his organization will soon embark on…
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The Federal Government through the Bureau of Public Enterprise (BPE) has confirmed the approval of the contract of Manitoba Hydro Electric Board…
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The strategic document which will guide the operations for the Sovereign Wealth Fund is ready and operations will begin March 2013. According…
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By Omoh Gabriel Lagos Chamber of Commerce and Industry, a body of organised businessmen based in Lagos has urged the federal Government…
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Nigeria Minister of Finance Ngozi Okonjo-Iweala has linked her mother’s kidnap to fuel subsidy payments and Subsidy Reinvestment and Empowerment Programme (SURE-P).…
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The National Bureau of Statistics says the composite Consumer Price Index (CPI) which measures inflation rose to 12.3 per cent year-on-year in…
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The Federal Ministry of Mines and Steel Development on Tuesday said it was discussing with the Central Bank of Nigeria (CBN) to…