Senate President, Bukola Saraki, has lamented that ineffective implementation of past budgets and abandonment of projects have led to wastage that has negatively affected the nation’s...
The Federal Government on Thursday sealed an agreement of $11m (N2.17bn) with the Japanese Government for an emergency improvement of electricity supply facilities in Abuja. The...
Guinness Nigeria Plc, a subsidiary of Diageo, has disclosed that in support of the Federal Government’s policy on diversification and local content, it is targeting an...
The Managing Director of the International Monetary Fund, Christine Lagarde, has said the organisation remains available for Nigeria whenever the country needs financial assistance from it....
The Federal Government has projected rise in the country’s Gross Domestic Product, GDP, growth to 4.2 percent by 2017. Minister of Finance, Mrs. Kemi Adeosun, made...
Information Communications and Technology (ICT) industry across the country are to enjoy tax holidays and special intervention funds from the federal government. This is to enable...
The Efficiency Unit of the Federal Ministry of Finance on Wednesday said the government’s Ministries, Departments and Agencies spent a total of N825bn on travels, maintenance,...
Turbulence in the international oil market pushes investment in Nigeria’s petroleum further away, as year on year capital inflow dips by 85.7 per cent. Data obtained...
Nigerian Naira declined to 313.5 against the US dollar at the parallel market on Tuesday as forex scarcity persists. The naira closed at 199.40 to the...
The Federal Government aims to hand over the $4.5bn Ajaokuta steel complex to private operators this year as part of a plan to kick-start its industrial...