Minister of Trade and Investment,   Mr. Olusegun Aganga, has said that the ministry is working on modalities that will reduce the cost and procedures of starting a business and make it possible for both Nigerians and foreigners...

Nestoil Group, one of Nigeria’s foremost engineering, procurement and construction (EPC) services firms in the energy and oil and  gas industry has taken up 10 per cent stake in construction giant, Julius Berger Plc. The deal, worth...

President Goodluck Jonathan will on Thursday February 9 commission the multi-billion dollar new Dangote Cement plant, situated in Ibese, Ogun State. The new plant has an installed capacity of six million metric tons of cement per annum....

A little bird (possibly Cupid’s) told us, Eko Hotel and Suites has the most delectable dinners in store for patrons visiting on February 14th.   If you don’t already have plans for Lovers day, consider heading to the...

The Federal Government plans to spend N3.19bn on the pensions and allowances of former Presidents, Heads of State, their deputies, former leaders of the National Assembly and their families in the year 2012. The proposed N3.19bn represents...

According to an investigative report carried out by British Newspaper, The London Evening Standard, Nigerians are emerging some of the biggest spenders on luxury goods in the High End of London. The report entitled, “Hey big spender:...

Union Bank of Nigeria Plc has dragged foremost automobile plant, Peugeot Automobile Nigeria (PAN) Limited, before a Federal High Court in Kaduna for refusing to re-pay the sum of N9 billion credit facilities it availed it to...

Despite recording a decline of 0.7 per cent in the first month of the year, more capital market and financial analysts  remain optimistic that the Nigerian equities market would close 2012 on positive note. Analysts from two...

The Minister of National Planning, Dr. Shamsudeen Usman, has disclosed that the Federal Government is in talks with development partners from Europe concerning the financing of energy and power projects in the country. The total costs of...

South Africa’s Ministry of International Relations and Cooperation will investigate threats against South African companies with investments in Nigeria by the Movement for the Emancipation of the Niger Delta. The movement, known as MEND, has threatened to attack...