Category: Business
Nigeria may risk another $2.3bn fine over Mambilla project
Nigeria may likely face another $2.3bn fine in arbitration in France over an alleged breach of contract on Mambilla Hydroelectric project. This is com [...]
FG installs pencil production machines in Enugu
The Federal Government has commenced the installation of equipment and machines for the proposed pencil factory at the Projects Development Institute [...]
P&ID $9bn judgment: We’re ready to negotiate – FG
The federal government says it is ready to negotiate with Process and Industrial Developments Limited (P&ID) to avoid paying the $9 billion fine a [...]
Partner us in empowering African entrepreneurs – Elumelu to Japan
In an impassioned key note speech, delivered before global leaders, at the 7th Tokyo International Conference on African Development (TICAD) in Yokoha [...]
Smuggling frustrating agric policies – Buhari on Seme border closure
President Muhammadu Buhari says Nigeria’s border with Benin Republic at Seme in Lagos, was partially closed to check smuggling activities. The border [...]
FG reduces visa fee for US citizens following US visa fee increment
The federal government has announced a reduction in visa fee payable by citizens of the United States of America seeking Nigerian visas. This comes 24 [...]
US increases cost of visa, blames FG for increment
The US Consulate has said that it is increasing the cost of visa application for Nigeria, explaining that it was reciprocating the extra visa fee the [...]
Elumelu to deliver keynote address at TICAD Africa Development Conference in Japan
Tony O. Elumelu, Founder of the Tony Elumelu Foundation and the Chairman of the United Bank for Africa (UBA), will speak at the Seventh Tokyo Internat [...]
FG promises to build 4m houses by 2023
The Federal Government has again promised to address housing deficit by delivering one million houses per year to close the 17 million shortfall by th [...]
Electricity consumers in for tough times as NERC approves tariff hike
The Nigerian Electricity Regulatory Commission (NERC) has approved new energy tariff for the electricity distribution companies (DisCos) in the countr [...]