Nigeria Emerges From Recession; GDP Grew 0.55% in 2Q The African largest economy, Nigeria, exit economic recession in the second quarter, according to the National Bureau...
FIRS Generates N2.11tn Revenue in Seven Months The Federal Inland Revenue Service, through tax collection, generated the sum of N2.11tn as revenue from January to July...
DMO Sets Borrowing Limit for FG at $22bn The Federal Government can borrow up to but not more than $22bn in the 2017 fiscal year, the...
FG Revokes Lagos Trade Fair Complex Concession The National Council on Privatisation, which is chaired by Vice President Yemi Osinbajo, has approved the immediate revocation of...
Adeosun Confirms N350bn Release for Capital Projects The Minister of Finance, Mrs. Kemi Adeosun, on Monday confirmed the release of the sum of N350bn to Ministries,...
NLC, TUC Want ex-NPA Officials Prosecuted for $20m Bribe The Nigerian Labour Congress and its counterpart, the Trade Union Congress have united in the condemnation of...
Egbin Expansion: Investors Shop for $1.2b Owners of Egbin Power Plc are looking for about $1.2 billion to expand the power plant by additional 1,500 megawatts...
NNPC Crashes Petrol, Cooking Gas Prices Nationwide The Nigerian National Petroleum Corporation (NNPC) has said sustained strategic intervention in the efficient supply and distribution of petroleum...
FG: We Lost over N100bn to Two Illegal Mining Companies in Plateau The federal government has said the two illegal mining companies – Solid Unit Limited...
Weak Transmission Stalls Generation of 700MW at Egbin The feeble transmission infrastructure wheeling generated power to the national grid has stalled the generation of 700 megawatts...