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...

The first anniversary of the Dana Airline accident, which claimed over 160 lives, including all members of the same family is today. While the full investigation report on the cause of the accident is yet to be released, WOLE SHADARE and...

•Recovers $1.99b debt from IOCs

THE Nigeria Extractive Industries Transparency Initiatives (NEITI) has recovered that about $1.99 billion (N316 billion) from International Oil Companies (IOCs) and paid into the Federation Account since its...

EXCEPT telecommunications service providers take urgent steps to address the persistent sharp decline in service quality, they risk the Nigerian Communications Commission (NCC) sanctions, The Guardian has learnt.

Besides, the National Association...

STAKEHOLDERS in the telecommunications sector have lamented what they described as huge Internet transmission cost in Nigeria.

This is coming on the heels of the presence of about four sub-marine cables put at about N347 billion in the country...