As part of renewed efforts to make Nigeria the preferred investment destination and a manufacturing hub for sub-Saharan Africa, the federal government has established trade investment councils in six countries across the globe. The six countries are Au...
Developing countries, particularly from Africa, are concerned about attempts by industrialised nations to change the negotiating dynamic of the World Trade Organisation(WTO). They are worried that developed countries want to introduce new issues at the...
The Minister of Lands, Housing and Urban Development, Amal Pepple, has stated that housing delivery would be more efficient if required policies that would enhance the sector were initiated. She disclosed this at a symposium organised by the Nigerian I...
Having a planned settlement has so far been seen as a way of curtailing indiscriminate construction of houses in the country and most especially the Federal Capital Territory. It is not farfetched to see an individual with little or no passage way to t...
African culture has always included a system of dispute resolution, which ensures that all parties have a chance to be heard and are fairly dealt with in the process of revenue collection. Tax Administrations/Revenue Collecting AuthoritiesMore than any...
Guinea Insurance Plc has said that the indices available for analysis have shown that the vision and aspiration of the company to post at least, N2 billion premiums in 2012 is achievable just as the company recorded N960.5 million in its 2011 third qua...
The Chartered Insurance Institute of Nigeria (CIIN) has stressed the need for a reawakening on the part of insurance practitioners in ensuring the continued sustenance of the profession and business of insurance. The President/Chairman of Council of th...
Concerned about the possible impact the financial crisis in parts of Europe could have on the economy, the emir of Dutse, Alhaji Nuhu Muhammadu, has warned Nigeria’s political class against the misapplication of the country’s resources. Han...
The Federal Government represented by the ministries of finance and agriculture, has signed a Memorandum of Understanding (MoU) with Nigerian deposit money banks for the financing of the supply of seeds and fertiliser to Nigerian farmers during the 201...
As part of effort to provide transport system in the rural areas to fast track easy mobility of agricultural produce, the World Bank yesterday disclosed that it would inject $190 million in its Rural Access and Mobility Project(RAMP) in the count...
eTranzact International Plc, a leading mobile and switching company has been awarded the final approval to commercially launch the Mobile Money operation by the Central Bank of Nigeria (CBN). The approval to commence Mobile Money in Nigeria essentially...
Nigeria National Petroleum Corporation (NNPC) says gas flare in the country has reduced significantly and stands at 19.54 per cent. The development was attributed to increased utilisation of gas for power generation, export and industrial applications....
China is set return Nigeria into space with the re-launch of a replacement satellite for Nigeria communication satellite on December 20, 2011 after three years absence due to a heat flare which destroyed Nigeria’s first communication satellite. N...
Nigeria’s naira headed for a weekly retreat, after the central bank lowered its target range. The currency of Africa’s biggest oil producer rose less than 0.1 per cent to 159.375 per dollar, as of 2:55 p.m. on the interbank market in Lagos,...
So far this year, the Central Bank of Nigeria (CBN) has supplied over $27.34 billion (N4.24 trillion) at the official window to meet increasing demand for foreign exchange. This figure does not include foreign exchange inflow from autonomous sources su...