Saudi Arabia and Nigeria government have met to strategise ahead of the Organisation of Petroleum Exporting Countries (OPEC) meeting in Vienna, in December. Dr Ibe Kachikwu, Minister of State for Petroleum Resources, disclosed this while ...
Mr Edet Akpan, the Permanent Secretary, Federal Ministry of Industry, Trade and Investment, says Bank of Industry (BOI) has disbursed N277.89 billion to 219,515 enterprises across the country since the inception of the present administration. ...
Central African Republic(CAR) landed a windfall on Tuesday, at least on paper, when Russian state bank VTB reported it had lent the country 12 billion dollars. However, the bank then said it was a clerical ...
Huge losses posted by some blue chips on the Nigerian Stock Exchange (NSE) on Tuesday took a toll on its overall performance with market capitalisation slipping further by N149 billion. The capitalisation shed N149 billion ...
An expert on energy sources, Mr Yemi Kolawole, on Tuesday, urged the Federal Government to invest more in alternative energy in order to bridge the gaps in the power sector. Kolawole, the Chief Executive Officer ...
The Federal Government has called on state governments to reduce unnecessary overhead costs, increase Internally Generated Revenue and embrace fiscal discipline for proper management of available resources. The Minister of Finance, Mrs Zainab Ahmed, made ...
Shareholders on Monday commended the National Insurance Commission (NAICOM) over the cancellation of the Tier Based Solvency Capital recapitalisation. The shareholders under the aegis of the Independent Shareholders Association of Nigeria (ISAN) said the cancellation ...
The privatisation and commercialisation process has freed up over three billion dollars consumed by Public Enterprises (PEs) annually in terms of subventions, waivers and unpaid taxes, the Bureau of Public Enterprises (BPE) says. Mr Alex Okoh, ...
The Ministry of Mines and Steel Development, says plans are ongoing to unveil Nigeria’s investment opportunities in the mining industry to foreign investors. Mr Ishaku Kigbu, the Special Assistant to the Minister of State, said ...
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