THE United States of America's economy added a modest 175,000 jobs in May, the Labour Department announced on Friday, dispelling some worries that job creation had slumped in the spring.

The unemployment rate ticked up 0.1 percentage points to...

THE Federal Government may have concluded plans to finalise the ongoing privatization of the power sector this month, when the Power Holding Company of Nigeria (PHCN) distribution firms are expected to be handed over to their respective...

THE Lagos State Government has unveiled plans to launch its new clean energy programme, tagged ‘Eko Gas’ aimed at encouraging utilisation of Liquefied Petroleum Gas (LPG) in the state.

Lagos State Commissioner for Energy and Mineral...

NIGERIA’S Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala has defended the controversial ‘envelope system’ budgeting process adopted by the country’s Ministry of Finance.

Okonjo-Iweala, who appeared...

AN Abuja High Court has struck out the suit instituted by a member of the Board of Directors of Keystone Bank, Dr Maude Aminun-Kano, praying it for an order restraining Union Bank from selling his property in settlement of a loan of N459 million...

THE Economic Community of West African States (ECOWAS) is set to develop a roadmap to harmonise land policies among member states to ensure a food-sufficient in the region.

The ECOWAS Commissioner, Agriculture, Environment and Water Resources...

THE High Level Panel on Illicit Financial Flows (IFF) has concluded a three-day consultation with a wide range of stakeholders in Nigeria, aimed at understanding of the damaging effects of illicit financial flows on the Nigerian...

WITH over 15 million subscriber base and over six years of operations in Nigeria, Emerging Markets Telecommunications Service Company trading as Etisalat in the country has said it hoped to breakeven on its investment in Nigeria by...

STAKEHOLDERS in the nation’s financial sector have formed a body to help government and telecommunications operators develop industry standards and modalities for the advancement of mobile financial services in the country.

The move was sequel...

PETROLEUM Product Pricing and Regulatory Agency (PPPRA) has hinged the competitiveness of the downstream sector in Nigeria to the implementation of the proposed reforms as contained in the Petroleum Industry Bill (PIB).

The Executive Secretary of...