DESPITE the downturn in telecommunications services in the country, the nation’s connected telephone lines grew by 2, 049, 470 in March 2013.

Indeed, the country’s connected lines as at February 2013 was 159, 879,295 but went up to 161, 928...

THE Chartered Institute of Taxation of Nigeria (CITN) has decried the persistent high unemployment level in the country, which it described as inimical to the nation’s economic growth and development.

The President of the institute, John Femi...

Ottawa to review visa processing time

NIGERIA and Canada have resolved to strengthen trade and investment ties  by leveraging on areas of comparative advantage.

The two countries also agreed on strategies to double the volume of trade...

Stakeholders support sale of 10  plants

APPARENTLY savouring from the expected goodies of the transformation process, the Federal Government Tuesday said there was no going back on the ongoing privatisation of the power sector.

This...

CHEVRON Corporation has unveiled its plans to float about 50 projects costing over $250 million each, across the world, in the next five years.

The Vice Chairman and Executive Vice President for Upstream and Gas, George Kirkland, at the yearly...

INDICATIONS have emerged that the House of Representatives and the Consumer Protection Council (CPC) are set to open an investigation into allegation of wrongful withholding of customers monies through malfunctioning Automated Teller Machines...

JUSTICE Adeniyi Adebajo of the Lagos High Court, Igbosere on Monday ruled that the office of the Lagos State Attorney-General and Commissioner for Justice was liable for the illegal detention of a trader, Isiaka Mohammed, by the police in January...

THE initial drive by underwriting firms in Nigeria to expand and exploit opportunities in the African insurance market may  have been truncated  due to assessed  unfriendly business environment which has been prompting some of the...

RESPITE may still be far for the nation’s economy as the Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, said the current Monetary Policy Rate would be raised further with 2015 election spending on the...

THE Lagos State Government is seeking the assistance of the Scottish Development International to develop and attract investors in its energy and solid mineral sector.
The Commissioner for Energy and Mineral Resources, Taofiq Ajibade Tijani...

BARELY two months into the effective date for the commencement of the stipulated interest rate on savings deposits in banks, majority of the financial institutions have defied the directive.

According to investigations, the directive contained in...

VICE President Mohammed Namadi Sambo has challenged Japan to invest heavily in Nigeria due to the potentials inherent in the country’s progressive economic growth and development.

A statement by his media office at the weekend quoted Sambo, who...

THE World Bank has invested $56 million (N8.9 billion) in the nation’s agricultural research system, to improve food production in the country.

The five-year project, codenamed West Africa Agricultural Productivity Programme (WAAPP-Nigeria) and...

THE  President of the Manufacturers Association of Nigeria (MAN), Alhaji Bashir Borodo, has advocated the introduction of a single-digit interest rate on agricultural loans to enhance growth in the sector.

Borodo made the suggestion in an...