World Bank: Nigeria’s economy to grow by 2.5% in 2018

World Bank: Nigeria’s economy to grow by 2.5% in 2018

The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018, as the country benefits from improved commodity prices, investments and trade. According to the World Bank’s January 2018 Global Economic...
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Buhari inaugurates Kaduna Inland Dry Port, locomotives

Buhari inaugurates Kaduna Inland Dry Port, locomotives

President Muhammadu Buhari says his administration is committed to strengthening the nation’s railway system in order to boost economic activities in the country. Buhari made the commitment while inaugurating two locomotives and 10 standard gauge coaches on ...
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Buhari to inaugurate Nigeria’s First Inland Dry Port in Kaduna

Buhari to inaugurate Nigeria’s First Inland Dry Port in Kaduna

President Muhammadu Buhari will on Thursday inaugurate the country’s first Inland Dry Port in Kaduna. A statement by Mr Ignatius Nweke, Director Special Duties, Nigerian Shippers Council (NSC), on Monday in Abuja, disclosed this. Nweke said the dry port was....
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SGF: FG not contemplating hike in petrol pump price

SGF: FG not contemplating hike in petrol pump price

The Secretary to the Government of the Federation (SGF), Boss Mustapha has assured Nigerians that the Federal Government is not contemplating any form of hike in the pump price of petroleum products. Mustapha disclosed this on Saturday at the handing...
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UNIJOS, others acquire subsidiaries of Nigerian Mining Corporation

UNIJOS, others acquire subsidiaries of Nigerian Mining Corporation

The National Council on Privatisation (NCP), at its 4th meeting for 2017,approved the privatisation of the remaining 5 (out of the 23) subsidiaries of the Nigerian Mining Corporation (NMC). The NCP approved the sale of Naraguta Bricks and Clay Company...
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CBN injects $210m into currency market

CBN injects $210m into currency market

The Central Bank of Nigeria (CBN)  said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.  In a statement, the bank said it had released 100...
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NSE Photo News

NSE Photo News

The President, National Council of The Nigerian Stock Exchange (NSE), Mr Abimbola Ogunbanjo during a courtesy visit to His Excellency, Muhammadu Buhari, GCFR, President , Federal Republic of Nigeria in Abuja
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Buhari mourns Alex Ekwueme, condoles with Nigerians

Buhari mourns Alex Ekwueme, condoles with Nigerians

President Muhammadu Buhari has condoled with Nigerians, and the Government and people of Anambra, on the passing away of elder statesman and former Vice President, Dr Alex Ekwueme, who died on November 19. President Buhari, in a statement issued by...
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FG increases take-off grant of Maritime University to N5b

FG increases take-off grant of Maritime University to N5b

The Federal Government has approved the take off grant of Maritime University, Okerenkoko, Delta, from N2 billion earlier announced to  N5 billion.   The Minister of Niger Delta Affairs, Pastor Usani Uguru Usani, made this disclosure in a statement on...
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FG to spend N35b on Housing Programme, N9.8b on Mambilla Hydro Project

FG to spend N35b on Housing Programme, N9.8b on Mambilla Hydro Project

The Federal Government has set aside N35.4 billion to address the housing needs of its workforce under the National Housing Programme in 2018. President Muhammadu Buhari made this known when he presented the 2018 budget proposal at the joint session...
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Elumelu at Presidential Villa, implores investors on Nigeria’s business ranking

Elumelu at Presidential Villa, implores investors on Nigeria’s business ranking

Foremost industrialist and entrepreneur, Tony Elumelu, on Monday urged Nigerian and foreign investors to take advantage of the World Bank’s Ease of Doing Business ranking of Nigeria to invest in the country.  Speaking with Journalists after a visit to the.....
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Presidency explains list of Buhari’s appointments

Presidency explains list of Buhari’s appointments

The Presidency on Saturday released a full list of all the appointments made by President Muhammadu Buhari since he assumed office on May 29, 2015.   The Special Adviser to the President on Media and Publicity, Femi Adesina, who released...
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Buhari to present 2018 budget on Tuesday

Buhari to present 2018 budget on Tuesday

President Muhammadu Buhari has written to the National Assembly, informing them of his readiness to present the 2018 appropriation budget on Tuesday, November 7, 2017.  In a letter addressed to the Senate President Bukola Saraki and Speaker of the House...
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Buhari hosts Saraki, Dogara, others

Buhari hosts Saraki, Dogara, others

President Muhammadu Buhari on Tuesday night hosted the leadership of the National Assembly (NASS) to dinner at the Presidential Villa, Abuja.  Earlier scheduled for last week, the dinner which was rescheduled for Tuesday had in attendance Senate President...
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