Pinnacle Maritime/ Oil and Gas Limited, has entered into a joint Memorandum of Understanding (MoU) with the Lekki Free Trade Zone Company Limited (LFTZC) and the China Petroleum Technology and Development Corporation (CPTDC) to build a $250...

Editor’s note: This guest post is written by Olusegun Dada, he is an upcoming writer, blogger and public affairs commentator.   Many factors usually lead to conflicts all over the world, but in Nigeria, the Niger Delta struggles...

Nigeria’s bourse is to list its first exchange traded fund (ETF) on Monday, a South African gold-backed fund that will broaden the exchange’s range of products beyond equities and bonds, the stock exchange said on Friday. NewGold,...

Whilst attending a World Trade Organization summit in Geneva last week, the Minister of Trade and Investments, Olusegun Aganga, spoke on Russia joining the WTO, and more importantly on Nigeria’s drive to diversify her economy. Responding to...

International Monetary Fund (IMF) Managing Director Christine Lagarde will visit Nigeria and Niger from December 18–22, 2011, on her first trip to Africa since her appointment earlier this year. Ms. Lagarde will hear from policymakers, the African...

In recent times Ghana has shown marked improvement in pushing forward her ambition of leading the West Africa coast. Hearing about its goal of become a net exporter of power in the West African sub-region by 2015...

Bank of America Corp., Goldman Sachs Group, and Citigroup, had their credit grades cut by Fitch Ratings as the impact of financial regulation and market turmoil weighed on the industry. The lenders’ long-term issuer default ratings were cut one...

Spanco, a business process outsourcing firm based in India has announced that the Nigerian Investment Promotion Commission (NIPC) has granted the pioneer status incentive in respect of company`s activity in telecommunications to expand their business. Spanco has a $ 250...

The House of Representatives have sent signals to the general public and the Presidency indicating that they are unimpressed with the 2012 National budget as proposed and submitted to their chambers by President Goodluck Jonathan and his...

Speaking at the Christmas Carol Service held at the Villa yesterday night, President Jonathan defended the absence of any provision for subsidy in the 2012 budget. In a speech delivered to those present at the venue, the...