Economy
Trade ministry kicks against role interference in PIA
The Ministry of Industry, Trade and Investment has frowned at the recently enacted Petroleum Industry Act (PIA) stating that it...
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Nigeria’s foreign trade deficit narrows to N1.9 trillion
Nigeria’s foreign trade deficit narrowed by 110.9 per cent to N1.87 trillion in the second quarter (Q2) compared with the...
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FG procures planes for geophysical survey in 19 states
The Federal Government, yesterday, took delivery of two aircraft to kick-start airborne geophysical activities for aerial survey and data collection...
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FEC Approves N84.6b For Airports’ Projects, Odukpani-Itu-Ikot Ekpene Road
The Federal Executive Council (FEC) has approved over N5 billion for various contracts in Lagos, Abuja, Kano and Katsina airports. The...
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FEC approves $2.5m, N498.2m for 4 power projects
THE Federal Executive Council, yesterday, approved a total sum of $2,541,689 and N498,230,281 for four projects in the Ministry of...
Read moreFEC Approves $11.174bn For Construction of Lagos-Calabar Coastal Rail
The Federal Executive Council (FEC) has approved $11.174 billion for the construction of a standard-gauge coastal railway from Lagos to...
Read moreFG hires JP Morgan, others on $6.2bn fresh borrowing
The Federal Government of Nigeria has appointed transaction advisers to facilitate the issuance of Eurobonds in the international capital market....
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CBN releases guidelines for establishing payment service holding companies
The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the establishment and regulation of Payments Service Holding Companies...
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UN, Borno govt decry devastating effect of Boko Haram insurgency
United Nations, UN and Borno State Government, yesterday decried the devastating effect of insecurity, especially Boko Haram insurgency on Nigeria,...
Read moreNigeria needs $2.3tn to address infrastructure deficit-FG
The Federal Government has said that the country need $2.3tn to address for its national integrated infrastructure masterplan. Secretary to...
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