The Ghanaian government plans to spend 13.9 billion dollars (62 billion Ghana cedis) in the 2018 fiscal year, the country’s finance minister said on Wednesday.…
View More Ghana rolls out $13b budget for 2018Category: Business
Osinbajo tasks D-8 countries on peace, justice
Nigerian Vice President Yemi Osinbajo says the D-8 countries must remain a potent force for peace and justice at all times to be able to…
View More Osinbajo tasks D-8 countries on peace, justiceStakeholders recommend trade instruments to improve support for SMEs
Worried by the slow-paced growth of small and medium enterprises in Nigeria and other African countries, stakeholders have argued in favour of adoption of new…
View More Stakeholders recommend trade instruments to improve support for SMEsIndomie buys Dangote plants in Ikorodu, Calabar
Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold two production lines in Ikorodu and Calabar, to rival pasta maker De…
View More Indomie buys Dangote plants in Ikorodu, CalabarNigeria’s debts on the rise N20 trillion, still counting
Data made available by the Debt Management Office (DMO) on Tuesday showed that Nigeria’s debt stock has hit N20 trillion as at September 30, 2017.…
View More Nigeria’s debts on the rise N20 trillion, still countingMambilla power plant: 40 years after, FG signs $5.79bn contract
The federal government has signed the contract for the Mambilla hydro power project. The project was first designed 40 years ago and is expected to…
View More Mambilla power plant: 40 years after, FG signs $5.79bn contractMY PACT ON ECONOMIC RECOVERY IN NIGERIA
Chukwudi-Oracle Nwala Economic recession is a phase in the business cycle defined as the periodic but irregular up-and-down movements in economic activity measured by fluctuations…
View More MY PACT ON ECONOMIC RECOVERY IN NIGERIAPound sinks on fears over May’s future
The British pound sank Monday on uncertainty surrounding Prime Minister Theresa May’s future, but the London stock market was buoyed by the sliding currency, dealers…
View More Pound sinks on fears over May’s futureKatsina Gov presents N211.4bn appropriation for 2018
Gov. Aminu Masari of Katsina State on Monday presented the 2018 appropriation bill of N211.4 billion at the State House of Assembly. Masari, who presented…
View More Katsina Gov presents N211.4bn appropriation for 2018IBB extols Gov Ikpeazu, describe Abia as an important State
Former Military President, General Ibrahim Babangida, has commended the Abia State Governor, Dr Okezie Ikpeazu, for his efforts in repositioning Abia State for greatness. According…
View More IBB extols Gov Ikpeazu, describe Abia as an important StateWhy probe is yet to take off one month after $25B NNPC Contract
Thirty-eight days after the Senate resolved to investigate the alleged abuse of due process in the award of contracts worth $25b by the Nigerian National…
View More Why probe is yet to take off one month after $25B NNPC ContractNNPC promise to promote home-grown technology
The Nigerian National Petroleum Corporation (NNPC) has pledged to promote the development and commercialisation of home-grown technology in collaboration with the Nigerian Content Development and…
View More NNPC promise to promote home-grown technologyFresh recession inherent over Niger Delta militants’ attacks
As tension mounts in the Niger Delta over the move by militants to resume attacks on oil facilities, there is the fear that the country…
View More Fresh recession inherent over Niger Delta militants’ attacksFashola refutes allegation of $350m fraud
The Minster of Power, Works and Housing, Mr Babatunde Fashola has said that there was no fact in the allegation of diversion of 350 million…
View More Fashola refutes allegation of $350m fraudTransition from firewood to gas to generate N10bn revenue by 2019-NLPGA
Over $10billion will be generated for the economy from the switch of 50 per cent kerosene and firewood users by 2019, according to the Nigerian…
View More Transition from firewood to gas to generate N10bn revenue by 2019-NLPGAChina buys $5bn worth soybeans from U.S.
The United States soybean industry has signed two letters of intent with Chinese importers covering the five billion dollar purchases by the latter of an…
View More China buys $5bn worth soybeans from U.S.AFREXIM Bank to develop two industrial parks in Nigeria
African Export Import Bank (AFREXIM), has concluded plans with the Nigerian Government to develop two industrial parks in the country in 2018, for the processing…
View More AFREXIM Bank to develop two industrial parks in NigeriaTwitter move up to 280-character tweets
(Reuters/NAN) Microblogging website Twitter Inc (TWTR.N), known for its iconic 140-character tweets, said it would roll out 280- character tweets to users across the world,…
View More Twitter move up to 280-character tweetsHOSCON wants FG to release N98bn gas flare penalty money
Th Host Communities of Nigeria Producing Oil and Gas (HOSCON), has called on the Federal Government to release the N98 billion gas flare penalty money…
View More HOSCON wants FG to release N98bn gas flare penalty moneyBuhari opens e-Nigeria confab
President Muhammadu Buhari on Tuesday declared open, a three-day e-Nigeria technology Conference, at the International Conference Centre Abuja. Buhari and participants at the e-Nigeria Conferenec…
View More Buhari opens e-Nigeria confabEthiopian Airlines lands B787-9 in Abuja on Tuesday
Ethiopian Airlines, Africa’s largest airline group, has announced that it would bring its newest Boeing 787-9 plane tagged the “Big Brother“ to Abuja on Tuesday.…
View More Ethiopian Airlines lands B787-9 in Abuja on TuesdayWhy closed NERFUND-FG
The Permanent Secretary, Federal Ministry of Finance, Mr Mahmoud Isa-Dutse said the closure of the National Economic Reconstruction Fund (NERFUND) was based on the recommendations…
View More Why closed NERFUND-FGCross River ups for mineral development
At last, the dream of taking Cross River State out of the woods may soon be a reality if the massive solid minerals deposits discovered…
View More Cross River ups for mineral developmentBuhari writes national assembly, present 2018 Budget Tuesday
President Muhammadu Buhari has written a letter to the national assembly, seeking to present the estimates of the 2018 budget. Yakubu Dogara, speaker of the…
View More Buhari writes national assembly, present 2018 Budget Tuesday