Economy

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  Canadian company Horn Petroleum finds more Oil in Somalia

  Horn Petroleum Corp confirmed the presence of oil at its Shabeel well in the...

  • Posted May 17, 2012
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  Fashola Launches Mega Rice Processing Plant in Lagos

  Lagos State Government Tuesday inaugurated a rice processing factory, which it said had the...

  • Posted May 17, 2012
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  FDI to Nigerian Construction Industry to reach $ 9.4 billion by 2021 – Business Monitor Int’l

  INVESTMENT inflow into Nigeria’s construction industry is expected to reach $9.4 billion (N1.5 trillion)...

  • Posted May 16, 2012
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  Inflation Rises to 12.9% in April

  Inflation rose to 12.9% YoY in April driven largely by non-food prices, according to...

  • Posted May 16, 2012
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  FG Seals N 31 billion Power deal with French Investors

  Two French companies, Electricite de France (EDF) and Enterprise de Transporte et Distribution D’electricity ...

  • Posted May 16, 2012
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  IMF: 2012 Growth In Sub-Saharan Africa Seen At Least 5.5%

  ADDIS ABABA, Ethiopia -(Dow Jones)- Countries in sub-Saharan Africa are expected to register economic...

  • Posted May 15, 2012
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  FG Secures US$ 467 million World Bank, AfdB Debt Financing for Roads

  The Minister of Works, Mike Onolememen, has disclosed that the World Bank and African...

  • Posted May 15, 2012
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  Lagos, Aba and Kano to get Uninterrupted Power in 2013

  The Minister of Power, Barth Nnaji, has said that major industrial cities in Nigeria...

  • Posted May 15, 2012
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  Experts Justify Electricity Tariff Hike • MAN, NACCIMA Want New Tarrif Suspended

  EXPERTS in the electricity industry have raised their voices in the support of the...

  • Posted May 14, 2012
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  CBN Boss Undertakes N 55 Million Personal Social Responsibility Initiative for Red Cross

  Central Bank Deputy Governor, Tunde Lemo, has donated a N 55 million clinic to...

  • Posted May 14, 2012
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