Main Investor in Abuja Disco is Pulling Out Amid mounting Debt KANN Utility Company Limited, the main investor in Abuja Electricity Distribution Company, is selling its...
FEC Approves $200m for West African Power Pool The Federal Executive Council has approved $200 million as part of Nigeria’s contribution to the West African Power...
Africa a Continent of Opportunities, Yet Many Troubles Says IMF The International Monetary Fund has described Africa as a continent of many opportunities yet several issues,...
Senate Passed Finance Bill, Nigerians to Start Paying 7.5% VAT The Senate has finally passed the Finance Bill seeking to increase Value Added Tax by 2.5...
Intervention Funds Will Lower Cost of Production Says CBN The Central Bank of Nigeria has said intervention funds available to farmers will curb the rising cost...
NIMASA Beats Target, Remits N16b to Revenue Fund The Nigerian Maritime Administration and Safety Agency (NIMASA) exceeded target in the first 10 months, according to Peterside...
Nigeria Cuts Oil Output by 37,000bpd in October The Organization of the Petroleum Exporting Countries (OPEC) has said Nigeria’s crude oil production declined by 37,000 barrels...
Rice Farmers Smiling to Bank as Demand for Local Brands Surge Local rice farmers and millers are smiling to the bank as border closure bolstered demand...
NASS Invites Emefiele, Others Over N1.27trn NDDC Debt The Governor of the Central Bank of Nigeria, Godwin Emefiele, the Minister of Finance, Zainab Ahmed and representatives...
Nigeria’s Inflation Rises For Second Month Amid Border Closure The effect of border closure has started weighing on Nigeria’s economy as the cost of goods jumped...
