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  • Why SDG implementation is non-negotiable for African countries – Elumelu

    The Chairman of Heirs Holdings Foundation, Mr. Tony Elumelu, who was a panelist at one of the discussions,  was engaged by Nigerian media representatives including Festus Akanbi at the IMF-World Bank meetings What lessons can Africa learn...

    • Posted October 19, 2015
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  • Customs, SON join forces to tackle substandard goods

    The Nigeria Customs Service (NCS) has vowed to strengthen its partnership with the Standards Organisation of Nigeria (SON) to help combat the preponderance of fake and substandard goods in the country. The Comptroller General, NCS, Colonel Hameed...

    • Posted October 18, 2015
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  • Nigeria to hold talks with Ghana over gas supply threat

    A Ghanaian Government delegation is at present in Nigeria to hold emergency talks with the federal government, to avert a drastic gas supply cut threat. The Nigerian National Petroleum Corporation (NNPC) said it would cut gas supply...

    • Posted October 18, 2015
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  • Nigeria must return to strict tax policy – Oshiomhole

    Governor Adams Oshiomhole of Edo State has said that as a way of getting out the present economic crisis caused by the crash in the price of crude oil, Nigeria must return to its strict tax policy...

    • Posted October 18, 2015
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  • NESG calls for improved security, inclusive growth

    The 21st edition of the Nigerian Economic Summit (NES#21) drew to a close yesterday with recommendations to the President Muhammadu Buhari administration to work towards a more inclusive growth as well as address the dilemma of insecurity...

    • Posted October 18, 2015
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  • FG urged to review export policies to boost revenue

    The federal government has been enjoined to review existing export laws that have continued to limit export, thereby denying Nigeria of foreign exchange. South West Professional Forum (SOWPROF), gave the advice in a statement made available to...

    • Posted October 17, 2015
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  • Naira drops to N197/$1 at interbank market

    The Central Bank of Nigeria (CBN) weakened its exchange rate peg slightly to N197 naira to the dollar on the interbank market yesterday, from N196.98 it set on Monday. Traders said the regulator sent a message announcing...

    • Posted October 17, 2015
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  • 101 oil traders submit bids for offshore processing contracts

    The Nigerian National Petroleum Corporation (NNPC) on Thursday received 101 bids from oil traders seeking offshore processing agreements (OPAs) with the state-run oil firm under its crude-for-petroleum products’ exchange programme. Results from the public bid opening, which...

    • Posted October 17, 2015
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  • BA unveils on-business programme for SMEs

    Europe’s mega carrier, British Airways has introduced online business prgramme for Small and Medium Enterprises (SMEs) known as On-Business and aimed at providing extra travel services at affordable fares for such line of enterprises in order to...

    • Posted October 17, 2015
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  • How MDAs short-changed Nigeria by remitting dollar revenue in naira

    The National Economic Council (NEC) was on Thursday told how some federal government agencies short-changed the country by remitting dollar revenue into the Federation Account in naira. The Cross River State Governor Ben Ayade, who briefed State...

    • Posted October 17, 2015
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  • Operators blame NCC for telecoms industry woes

    Telecoms operators have called on the Nigerian Communications Commission (NCC), to exert more of its statutory powers to address the myriad of challenges, which have stunted growth of the Nigerian telecoms sector. The operators who spoke through...

    • Posted October 16, 2015
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  • Nigeria, Turkey trade volume hits $2.5billion

    Turkish Ambassador to Nigeria, Hakan Cakil, has said trade volume between both countries has now reached $2.5 billion. The Turkish envoy stated this at a forum organised by the Abuja Chamber of Commerce and Industry (ABUCCIMA) for...

    • Posted October 16, 2015
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  • World Bank defends $75m loan to Edo

    The World Bank has defended its $75 million loan to Edo State Government, saying it grants significant funding only to governments it trusts would use the funds judiciously to achieve its development results. Speaking on Wednesday at...

    • Posted October 16, 2015
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  • Dangote urges FG, States to adopt concrete roads for durability

    The Executive Director, Stakeholders Relations and Corporation Communications, Dangote Group, Mr. Mansur Ahmed, has said for Nigeria to achieve its long-desired infrastructural development, it must embrace the use of concrete for road construction and other construction works....

    • Posted October 16, 2015
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