Power Distribution Firms Owe Gencos N243bn The National Bureau of Statistics on Sunday said that out of the N331.02bn worth of invoices issued by the power...
Operators Raise Pension Fund Investment in Infrastructure to N1.82bn The pressure by the government and other investors on the Pension Fund Administrators to invest the growing...
Aero Passengers Protest Flight Cancellation Passengers of Aero Contractors heading to Port Harcourt from the Federal Capital Territory were left stranded at the Nnamdi Azikiwe International...
FG Budgets N51bn to Revive Textile Industry The Federal Government has set aside the sum of N51bn in this year’s budget to promote the development of...
Arik Needs N10bn to Resume Full Operation The new management of Arik Air has said it inherited nearly an empty shell of a carrier with only...
Senate President Saraki Pocketed Billions Of Naira From Paris Loan Refund In one of the largest financial scandals in recent years, Nigeria’s 36 state governors and...
Forex Weekly Outlook February 13-17 The US dollar rebounded mildly last week after President Trump reaffirmed his commitment to tax cuts and fiscal spending. Although, consumer sentiment...
South Korea Investigators to Again Summon Samsung Heir Seoul, South Korea – South Korean prosecutors investigating the corruption scandal involving impeached President Park Geun-hye plan to...
IBM Invests $30m in Nigeria The International Business Machine says that the lack of skills, employable workers, especially in the Information Technology sector, has prompted it...
Gas Production Rises by 31% in Three Months The national production of gas in Nigeria has witnessed a consistent monthly rise following the gradual decline in...