The Chairman, Senate Committee on Land Transport, Gbenga Ashafa, has faulted the N4.5bn earmarked for the Nigerian railway in the 2016 budget, describing it as grossly...
The Federal Government is planning to reduce the amount of borrowing needed to fund the 2016 budget from funds mopped up from government agencies through the...
The organised labour on Monday paralysed business activities of the electricity distribution firms as it led a nationwide protest against the over 45 per cent increase...
The People’s Republic of China is planning to invest at least $60bn in Nigeria economy. Chargé d’Affaires of the Chinese Embassy in Nigeria, Mr. Qin Jian,...
Nigeria and five other African countries are to benefit from the collaboration between the African Union Commission and the United Nations’ Food and Agriculture Organisation aimed...
Nigeria’s government is in talks for concessionary loans worth $3.5 billion from the World Bank and African Development Bank to help finance a planned record budget...
Switzerland’s prosecutors are seeking legal assistance from Malaysia after a probe into a government investment fund revealed “serious indications” that about $4 billion may have been...
The Nigeria Customs Service on Tuesday said it was planning to raise the sum of N1tn as revenue for the Federal Government in the 2016 fiscal...
Kerosene Subsidy Removed by FG – Latest Pricing Template The Federal Government has officially ended the payment of subsidy on kerosene. Instead of the regulated...
The Nigerian National Petroleum Corporation recorded a total loss of N255.3bn at the close of last year, statistics from the January 2016 edition of its Energy...
