Federal Executive Council (FEC) has approved the construction of two dams in Karshi area of Abuja. Olajumoke Akinjide, Minister of State for Federal Capital Territory (FCT), gave the hint while addressing Ebele Okeke, Water Sanitation and Hygiene...

Federal Government today, Thursday commissioned the newly Kaduna Refinery Access road, in Kaduna state. Bashir Yuguda, Minister of State for Works, who performed the ceremony reiterated the present administration’s commitment towards provision and upgrading of critical road...

Federal Government today, Thursday, rolled out robust incentives for foreign investors who are willing to invest in the country, according to Vice President Namadi Sambo. Other incentives include 100 percent repatriation of profits, 140 percent capital allowance...

Members of the House of Representatives today, Thursday, expressed displeasure over the failure of Nigerian National Petroleum Corporation ((NNPC) to remit the sum of N142 billion to the Consolidated Revenue Fund (CRF) as provided by the law....

The Federal Airports Authority of Nigeria,FAAN,has embarked on the removal of abandoned aircraft at Nnamdi Azikiwe International Airport, Abuja, DailyPost has gathered. Chris Bature, the General Manager, North Central, FAAN, disclose this in Abuja on Wednesday, affirming...

The Plateau State Governor, Dr. Jonah Jang has called for the re-examination and re-evaluation of the Code of Conduct of the accounting profession in the country, decrying that most corrupt practices in the country are either perpetrated...

President, Dangote Group of Companies, Alhaji Muhammed Aliko Dangote, has pledged that his company will invest over $600m in the production of sugar in Kwara, Kebbi and Sokoto States. Dangote stated this on Tuesday during a courtesy...

Oando Energy Resources has announced the completion and testing of the Ebendo 5 well, which is expected to contribute additional 2,500 barrels of oil per day (bpd) from the field. The development, according to a statement from...

First Bank of Nigeria is currently upgrading its IT infrastructure to enhance service delivery and provide specialized financial solutions to all customer segments, the Bank’s management has said. FirstBank’s spokesperson, Folake Ani-Mumuney, said the Bank’s upgrade to...

…plans to invest over $100m million in power sector Skye bank Plc has achieved gross earnings of N127.7 billion in 2012 operations, against N102.4 billion posted in 2011. Besides, the bank announced plans to inject over $100...

UBA Capital Plc tripled gross earnings to N890.3 million in the first quarter of the year and grew Profit Before Tax to N617 million, translating to 211 percent growth when compared to N198 million achieved in the...

The Federal Airports Authority of Nigeria has introduced more security measures at the Nnamdi Azikiwe International Airport, Abuja, the News Agency of Nigeria has reported. Henrietta Yakubu, the FAAN spokesperson at the airport, told the NAN that...