Nigeria FG set to privatise railways, inland waterways, 6 others in 2015
The Federal Government has concluded plans to privatise eight new entities in some sectors of the economy by 2015. (more…)
Oil Shock: Excess Crude Funds Not Well Managed, Says Obadan
A former Director General of the National Centre for Economic Management and Administration (NCEMA), Prof. Mike Obadan, has accused government across the three tiers of misuse and poor management of...
‘Nigerian Economy Resilient Despite Oil, FX Volatilities in November’
Despite the oil price shock which became worsened in the month of November, data released by Standard Chartered Bank has once again confirmed the resilience of the Nigerian economy as...
Rencap: Assessing Impact of Lower Oil Price on Banks’ Asset Quality
Two weeks after a new monetary policy regime was unveiled by the Central Bank of Nigeria in response to the volatility in the prices of crude oil in the international...
CBN’s Stabilisation Facility Boosts Power Sector Programme
Driven by the realisation of the role of infrastructure in economic transformation and the prevailing funding gaps in the nation’s power sector, the Central Bank of Nigeria, in partnership with...
Nigeria Dangote: 9m tonnes supply to crash cement prices by 300%
Lagos—Dangote Cement Plc, yesterday, predicted sharp drop in local cement prices by 300 percent from next month. (more…)
Nedbank to Own 20% of Ecobank after Debt Conversion
Pan-African lender, Ecobank expects South Africa's Nedbank to convert a $285 million loan to shares in the Lome-based bank before the end of the year. (more…)
Mimiko Inaugurates N1.651bn Shoprite Mall
Ondo State Governor, Dr. Olusegun Mimiko, yesterday inaugurated the construction of a N1.651 billion shopping mall and car park being funded by Top Services Nigeria Limited under the Public Private...
Chevron, Proof of Delta’s Investment Safety, Says Uduaghan
The productive relationship between the Delta a State Government and American oil giant, Chevron, bears eloquent testimony to the fact Delta State was peaceful and remained the haven of investors...
Mark Essien: I Was the Night Watchman Taking Care of a Paralysed Guy in Germany
Mark Essien is an engineer at heart and a passionate entrepreneur. As a young boy he watched his Nigerian father in amazement build various mechanical devices from scratch like a...