The exponential growth rate of Chinese economic links with Africa has reached a new height as report by Oxford Business Group (OBG) has revealed that China accounts for roughly 25 per cent of Nigeria’s inbound Foreign Direct...

Brazil has overtaken the UK as the world’s sixth largest economy, an economic research group has said. The Centre for Economics and Business Research (CEBR) said its latest World Economic League Table showed Asian countries moving up...

Last week, the web was abuzz with the news that billionaire Russian oligarch Dmitry Ryoblovlev had given his 22-year-old daughter the gift to end all gifts–an $88 million apartment at 15 Central Park West that had previously belonged to ex-Citigroup...

It took some time, but they are finally beginning to get it. Leading financial analysts, money managers and economists have commenced to comprehend that real estate bubbles in many emerging markets could crash. The Nobel Laureate economist...

A few days ago I went with some friends to the Silverbird galleria in Abuja. It had been a hard day and people needed to release the tension and relax. My friend’s little sister suggested that we...

Mainstreet Bank Limited has been appointed an agent for tax collection and other remittances by the Federal Inland Revenue Services (FIRS). With this appointment, individuals and corporate organizations can now pay all their FIRS taxes into any...

Nigerian banks are expected to cut down on operating expenses significantly from next year through a cost trimming process emanating from the deployment of cash-lite and e-payment transactions system. Expert said by eliminating the “cash-and-carry” status of...

The Federal Government has vowed to by pass any community whose interferences have retarded the pace of work in electrification programme throughout the country. It also warned that the realization of the electric power mandate of the...

The Federal and Lagos State governments are collaborating on the establishment of a 700 Mega Watt, mw power barges in various parts of the state to provide emergency power solutions within the next one year. Lagos State...

THE Federal Government can save about N254 billion as its yearly revenue if cassava flour is used for bread making, the Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has said. The Minister said adopting 40 per...