The Federal Government has signed two contracts valued at $5.1bn with the China Civil Engineering Construction Corporation for the construction and modernisation of rail lines in...
The persistent increase in the demand for the dollar has pushed the Naira to an all-time low of N420 against the United States dollar at the...
Tankers moving through the Gulf of Guinea in West Africa are paying additional insurance premiums, compared with relatively safe sea lanes, due to escalation of piracy...
President Muhammadu Buhari and Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, are scheduled to speak on the economy at the forthcoming Chartered Institute of Bankers...
Zinox Secures $25m to Roll Out Digital Hubs Zinox Technologies, a foremost Information and Communications Technology (ICT) company has secured a whopping $25 million counterpart funding...
FG Woos Investors on Oil Finds in Frontier Basins The federal government has said that it will provide incentives to investors who are willing to invest...
BoI to Boost Mining Sector Funding The acting Managing Director, Bank of Industry (BoI), Mr. Washed Olagunju wednesday pledged to increase funding support for the mining...
FG Approves Three-year External Borrowing Plan The federal government has approved a three-year rolling external borrowing plan. Briefing State House Correspondents after the Federal Executive Council...
Crude Export Crude oil export from Nigeria is expected to increase by about 380,000 barrels per day in the next few days, following the expected return...
Aero Suspends Operations Aero Contractors Airlines, Nigeria’s second largest commercial carrier, has announced the suspension of its scheduled services beginning from Thursday September 1, 2016. On...