BoI Posts 44% Profit Growth The Bank of Industry (BoI) has said it recorded a Profit Before Tax of N17 billion in 2016, which represented a...
Nigeria Ranked 17th in Attractiveness Index Survey EY’s (formerly Ernst & Young) Africa Attractiveness Index (AAI) for 2016 has ranked Nigeria 17th among 25 countries in...
FG Approves N54bn for Reconstruction of Dilapidated Odukpani-Ikot Ekpene Road The Federal Executive Council (FEC) wednesday approved whooping N54 billion for the reconstruction of popular but...
Nigeria Needs to Invest in Growing Entrepreneurs The Chairman, Board of Directors, First Bank of Nigeria Limited, Mrs. Ibukun Awosika, has stressed the need for investment...
CBN Directs Banks to Diversify Portfolios, Fund MSMEs The Central Bank of Nigeria has advised commercial banks and other financial institutions to diversify their portfolios and...
FG to Withdraw Idle Oil Refinery Licences The Federal Government has said it will withdraw the refinery licences that have remained idle in the hands of...
$6bn Needed to Fix Refineries About $6bn worth of investment is needed to adequately rehabilitate and revamp the country’s refineries, the Nigerian National Petroleum Corporation has...
‘No Attack on Oil Facilities in Three Months’ Nigeria witnessed no pipeline vandalism arising from militant activities in the Niger Delta in the past three months,...
Govt Completes 22MW Ajaokuta Power Plant Towards the rehabilitation of the Ajaokuta Steel Complex, the Federal Government has completed the first phase of the ACSL thermal...
Customs Revenue Fell by N216.5bn in 2016 The revenue target of the Nigeria Customs Service for 2016 fell by N216.5bn, the Comptroller-General of Customs, Col. Hameed...