All posts by BusinessNews Staff

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  FG to create 2m jobs in 2012 through Cluster Concept – Prof. Ita Ewa

  The Minister of Science and Technology, Prof. Ita Ewa yesterday said that about  two million jobs will be delivered to Nigerians through the ministry’s Cluster Concept. This is aimed at fast-tracking development of rural communities in Nigeria. Ewa, who...

  • Posted December 30, 2011
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  Ghana cuts fuel subsidies following increase in crude oil prices

  Ghana has cut fuel subsidies following an increase in crude oil prices and the depreciation of the Ghana cedi currency, the head of Ghana’s National Petroleum Authority (NPA) said in a statement yesterday. Ghana, which joined the club of...

  • Posted December 30, 2011
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  IPMAN Seeks PPPRA Approval to Import Petrol

  The Western Zone of the Independent Petroleum Marketers Association of Nigeria (IPMAN) Western Zone plans to start the importation of petroleum products into the country. Already, it has sought import approval from the Petroleum Products Pricing Regulatory Agency...

  • Posted December 29, 2011
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  Forbes List: 30 Entrepreneurs under 30

  The World’s leading business news publication, Forbes has compiled a list of 30 bright stars in America, under the age of 30, that are making waves across diverse industries such as Finance, Real Estate, Media, Social and...

  • Posted December 28, 2011
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  Chinese FDI Inflows Surpass $6 Billion in 2011

  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...

  • Posted December 28, 2011
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  Brazil’s Economy Overtakes Britain

  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...

  • Posted December 28, 2011
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  Effects of Foreclosure following collapse of real estate bubble in emerging markets

  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...

  • Posted December 28, 2011
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  Violence against contractors hampers electrification goal – Nnaji

  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...

  • Posted December 27, 2011
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  FG and Lagos Govt to Establish 700 Mega Watt Power Barges

  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...

  • Posted December 27, 2011
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  Fed Govt targets N254b from cassava bread – Agriculture Minister

  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...

  • Posted December 27, 2011
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