Business

Chinese contractor lays final track beam of Lagos blue rail

New rail line may extend to Agbara, Ogun State The laying of the last track beam (T-beam) of a 27-kilometre…

4 years ago

FG moves to stop foreigners from buying food commodities at farm gates

The Minister of Industry Trade and Investment, Mr. Adeniyi Adebayo, on Tuesday inaugurated an Inter-Ministerial Standing Committee to oversee the…

4 years ago

Nigeria, India to collaborate on solar power, artificial intelligence

Indian high commissioner to Nigeria, Gangadharan Balasubramanian, says the two countries are working to boost ties in areas of fintech,…

4 years ago

FG Raises Fresh Fraud Claims against P&ID Ahead $11bn Trial

•Nigeria moves to prove firm secured contract through bribery, lies Nigeria has levelled fresh claims of fraud against a little-known…

4 years ago

Nigeria’s inflation rate hits19.64% on rising bread, other prices

Nigeria’s inflation rate rose to 19.64 per cent in July, the highest since 2005, a report released by the National…

4 years ago

DISCOs: BPE, CBN give banks 6 month deadline to quit

The Bureau of Public Enterprises, BPE, and the Central Bank of Nigeria, CBN, has handed down a 6- month deadline…

4 years ago

APC, PDP couldn’t move power generation beyond 5,000MW in 24 years – Obi

Presidential candidate of the Labour Party, Peter Obi, says it is shameful that both the ruling All Progressives Congress (APC)…

4 years ago

New agreements with IOCs will unlock opportunities in upstream sector, says Kyari

The Nigerian National Petroleum Company Limited has said the signing of the new Production Sharing Contracts (PSC) is a key milestone achievement…

4 years ago

CIG upgrades Lagos auto plant to CKD, plans 5,000 vehicles yearly

A new auto assembly plant being constructed by CIG Motors Company Limited in conjunction with the Lagos State Government has…

4 years ago

Despite Opposition, FG Set to Implement 5 Per Cent Hike on Data, Voice Calls

*Finance Minister faults Pantami on new tax Despite opposition by various stakeholders, including the Minister of Communications and Digital Economy,…

4 years ago