Nigeria lost N2.03trn in 2016 on poor infrastructure- ICRC

In 2016 alone, Nigeria lost N2.03 trillion of its N101.59 trillion nominal  Gross Domestic Product (GDP) owing to inadequate infrastructure. This figure representing two per...

Nigeria’s Innoson on the verge of exporting 400 vehicles to Mali

Nigeria may export the first set of automobile following the agreement by Innoson Motors to supply a Malian company, 400 vehicles to boost the...

25 ships discharging fuel, other commodities in Lagos

Twenty five ships are discharging petroleum products and other commodities at the Apapa and Tin-Can Island ports in Lagos State. The Nigerian Ports Authority (NPA)...

UBA, Sterling bank, Fidelity bank kick over $793.2m repayment to FG account

ADEBISI ADEMOLA. United Bank for Africa Plc, Sterling Bank Plc and Fidelity Bank Plc have disagreed with court order by justice Chuka Obiozor of a...
Kemi Adeosun

FG presents draft MTEF to governors

The Federal Government on Thursday presented a draft of the Medium Term Expenditure Framework 2018-2020 to the National Economic Council for inputs from state governors. The Minister...

1 million died of AIDS in 2016-UN

UN says the annual number of people who die from AIDS has nearly halved from 1.9 million to one million between 2005 and 2016. According to...

Africa’s major central banks embarking on policy easing cycle

A Reuters poll found on Thursday that Africa’s major central banks are entering an easing cycle as they try to stimulate growth after months...

EFCC inaugurates committee on  Nigeria’s suspension from Egmont Group

The Economic and Financial Crimes Commission (EFCC) on Wednesday inaugurated a committee to reposition the Nigerian Financial Intelligence Unit (NFIU), following its suspension from...
Senate

Senate plans NFIU autonomy over Egmont suspension.

Fearing dire implications for the suspension of Nigeria from the Egmont Group, the Senate has mooted plans to initiate a bill  for the autonomy...

9mobile unveils new brand logo, website

Emerging Markets Telecommunication Services Limited (EMTS), previously trading as ‘Etisalat Nigeria’ on Wednesday officially unveiled its new brand identity, 9mobile, with a new logo...
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