Business

36 States generate N682bn IGR Lagos generates more IGR than 32 States combined Rich States: Lagos, Rivers, Delta, Ogun, Edo Poor States: Yobe, Zamfara, Ekiti, Borno, Kebbi An investigation by the Economic Confidential has shown that 15 States of...

By Patrick ODEY, Uyo The Federal Government has said that it has brokered an investment worth at least $7 Billion to be deployed in Akwa Ibom. Minister of State for Petroleum Resources Dr Ibe Kachukwu made this known last...

By Our Reporter The Ebonyi Government said it had paid N87.1million as one year counterpart fund to the International Fund for Agricultural Development (IFAD) to boost rice production. Mr Sunday Ituma, The state Programme Coordinator of IFAD, Mr. Sunday...

Nigeria’s pension funds has hit nearly N6 trillion with approximately seven million contributors. The Director-General, National Pension Commission, (PenCom), Mrs Chinelo Anohu-Amazu who disclosed this revealed that the pension funds has put the nation on a high pedestal in terms...

By Juliana MAIRIGA, Minna Minister of state in the Ministry of Solid Minerals, Alhaji Abubakar Bawa Bwari has said that the Federal Government would soon release the palliatives that would cushion the effect of the recent increase in the pump...

The world’s leading oil exporters could be about to take action following the fall in prices. This has become necessary after months of oil price fluctuations and instability. Mathew OMEJE, with agency report, examines the situation. Members of...

By Shola AKINGBOYE President Muhammadu Buhari has disclosed that his administration has plans to extend oil and gas exploration into new fields in the Lake Chad Basin in the North East and in the coastal states, like Lagos, where oil...

President Muhammadu Buhari has called on investors in the country to emulate the strategic nature of investments made by the African foremost business conglomerate such as the Dangote Group; the Lagos Deep Offshore Logistics base (LADOL), and General Electric...

By Shola AKINGBOYE The National Assembly’s Joint Committee on Appropriation recently descended on President Muhammadu Buhari’s plan to set aside N500bn in the 2016 budget condemning the N5,000 Social Intervention campaign promise from the much awaited 2016 appropriation. This hitherto would probably force the APC led government to ditch its campaign promise to the people for...

...Says Discos Must Publish Meter Sharing Plan By Shola AKINGBOYE The acting Chief Executive Officer of the Nigerian Electricity Regulatory Commission (NERC), Dr. Anthony Akah has lamented incidences of vandalism that led to reduction in peak power supply through the national...