News - Business and Economy

Government to create 10 million jobs in 2014

4 years ago /

The Federal Government has announced that ten million jobs will be created before the end of 2014, the coordinating minister of the economy and minister of finance Ngozi – Okonjo Iweala made this known today at the housing stakeholders meeting in Abuja.

Ogun state partners with Chinese firms

4 years ago /

Ogun state Governor Ibikunle Amosun has called on genuine investors to take advantage of the very friendly and enabling environment existing in the state to invest.

Renewable energy: Stakeholders share their views

4 years ago /

Nigeria’s Ministry of Power says the quest to achieve a proper mix of renewable energy as an alternative source of energy would be adequately harnessed if the private sector supports the efforts of government.

Agriculture: Experts calls on the federal government to implement the 'Maputo Declaration'

4 years ago /

Nigeria has continuously failed to meet her commitment since 2003, when she joined other countries to sign an agreement in Maputo, Mozambique, to allocate 10% of her annual budget for agriculture.

Shoprite opens in Kano as it records massive turnout of customers in its first day

4 years ago /

Shoprite a household name in shopping mall business has formally opened its Kano branch on Thursday amidst tight security.

'Do Agric, it pays' campaign: Experts encourage youths to return to farming

4 years ago /

Popular Nigerian singer and song writer, Dapo Oyebanjo, popularly known as D’banj has urged Nigerian youths to embrace agriculture so as to create wealth for themselves.

NCC pays a courtesy visit to Governor Mimiko

4 years ago /

The Nigerian Communications Commission (NCC) has described provision of telecommunication services across the length and breadth of the country as a tremendous life changing achievement.

Department of Weight and Measure of the Federal Ministry of Trade and Investment seals up eight ATM machines in Abuja

4 years ago /

Eight Automated Teller Machines have been sealed up in Abuja, the Nigerian capital for being operated illegally by four commercial banks.

Nigeria Economic Summit: More investment to be made in education sector

4 years ago /

The 20th annual Nigeria economic summit opened Tuesday in Abuja with education taking the centre stage.

Information: Experts say proper management is key to sustainable growth

4 years ago /

Proper information management has been identified as key to sustainable democracy, national and economic development in the twenty first century.

Boost for railway sector as new rail cars are commissioned

4 years ago /

The federal government has received six new air-conditioned coaches and six rail cars other wise known as Diesel Multiple Unit (DMU) at the Apapa port complex Lagos.

Increase in excess crude oil account

4 years ago /

Nigeria coordinating minister for the economy and finance Ngozi Okonjo Iweala has announced an increase in the excess crude oil account.  

Shocking statistics show rise in Consumer Price Index, CPI

4 years ago /

The Consumer Price Index (CPI), which measures inflation, rose by 7.7 % year-on-year in February 2014. 

Medview airlines deny flights were grounded

4 years ago /

The management of Medview airlines is blaming fifth columnists for putting out information that the authorities have grounded their operations.

2014 Global Money Week: CBN urges students to be enterprising

4 years ago /

The Central Bank of Nigeria has stressed the need for parents and guardians to ensure that young people around them develop a proper habit of saving as the world marks Global Money Week.

FAAC meeting: Committee distributes N531.332 billion

4 years ago /

The Federation Account allocation committee has distributed 551.332 billion naira as statutory revenue for the month of February. 

Missing money: NNPC insists no money is missing

4 years ago /

The senate probe into alleged unremitted $49.8 billion continued on Thursday with the group-managing director of Nigerian National Petroleum Corporation, NNPC Andrew Yakubu saying no money is missing.  

Sansui’s case stalled

4 years ago /

The federal high court in Abuja has reserved hearing for March 19 in a case instituted by the suspended Central Bank of Nigeria governor, Sanusi Lamido Sanusi.

World stocks

4 years ago /

Nigerian equities market closed yesterday on a negative not as the all share index depreciated by 0.30%.

Sterling Bank Plc introduces the first biometrics enabled POS

4 years ago /

Sterling bank Plc has deployed Biometrics Enable Point of Sale (POS) terminals to its entire agent banking outlets in the country.