Business

FG targets N189bn from marginal oil fields sale

THE Federal Government has said it hopes to realise $500 million (N189.5 billion) from the sale of the nation’s 57…

4 years ago

FG eyes N1tn investment from highway concession

…opens procurement portal March 29 The Federal Government has projected a capital investment of N1.13 trillion from the new highway…

4 years ago

Nigeria’s stolen $5bn in frozen foreign accounts – Transparency International

Transparency International (TI) says it has traced an estimated $5 billion stolen from Nigeria to some frozen accounts in foreign…

4 years ago

CBN retains 11.5% lending rate, CRR 27.5%

The Central Bank of Nigeria through its Monetary Policy Committee (MPC) has retained the Monetary Policy Rate, otherwise called lending…

4 years ago

Road expansion in Uyo to accommodate future traffic – A’Ibom commissioner

Akwa Ibom State Commissioner for Works and Fire Service, Prof. Eno Ibanga, has explained that the massive road construction and…

4 years ago

Senate considers bill to recover N16tn AMCON loans

The Senate has commenced work on a bill seeking to empower the Asset Management Corporation of Nigeria (AMCON) for effective…

4 years ago

Toyota insists phasing out fossil fuel cars will pose challenges

Toyota Motor Corporation has warned that phasing out petrol and diesel engine vehicles will come with serious challenges. This is…

4 years ago

Senate okays Tinubu’s bill to reform NIPOST

A bill seeking to reform the Nigerian Postal Service (NIPOST) through a Nigeria Postal Commission on Tuesday scaled second reading…

4 years ago

Senate okays creation of solid minerals agency

The Senate on Tuesday passed for second reading a bill for the establishment of an agency for the development of…

4 years ago

Automakers shut down assembly lines over key parts shortage

Automakers have begun shutting down many assembly lines due to deepening shortages of key auto parts such as microchips (semiconductors)…

4 years ago