Economy

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  Okonjo Iweala Said to Be Seriously Considered for World Bank

  Some African nations are planning to nominate Nigeria’s Finance Minister Ngozi Okonjo-Iweala to become...

  • Posted March 22, 2012
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  Foreign Exchange Reserves Appreciate 9% to $35 billion, Exchange Rates Fall

  The country’s foreign exchange (forex) reserves have improved by 9% since the beginning of...

  • Posted March 21, 2012
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  Inflation Drops to 11.9% in February, Food Inflation Rises

  Information recently released by the National Bureau of Statistics (NBS) indicate that inflation fell...

  • Posted March 20, 2012
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  Porsche targets rich Nigerians’ love for luxury

  Nigeria’s super rich are no strangers to conspicuous consumption, and there’s no better way...

  • Posted March 20, 2012
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  KAINJI HYDRO STATION BACK ON NATIONAL GRID

  The Kainji Hydro Power Station is back on stream and delivering power to the...

  • Posted March 19, 2012
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  States, LGs get Authorization to Generate and Distribute Electricity

  The Nigerian Electricity Regulatory Commission (NERC) has authorized local governments and communities the ability...

  • Posted March 19, 2012
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  Government to Invest $150 billion in Oil and Gas Sector

  The President, on Friday, commissioned three wellhead platforms for the Nigeria National Petroleum Corporation...

  • Posted March 19, 2012
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  Africa: 10 cities to watch

  Everyone is talking up Africa’s potential for growth – but in a continent with more...

  • Posted March 18, 2012
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  New Banking Laws Underway – CBN Gov

  Four new laws is on the way that will tighten the financial sector regulations,...

  • Posted March 18, 2012
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  Nigeria Applies for $ 670 Million Interest-free Loan from Islamic Development Bank

  The Minister of State for Finance, Dr. Yerima Ngama, has confirmed Nigeria’s application for...

  • Posted March 16, 2012
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