Economic Recession Reduces Mobile Phones Patronage By 80 Per Cent In Nigeria
The current economic downturn is taking its toll on the country’s hardware market, as the patronage of mobile phones and other devices has gone down...
World Bank Boost Agricultural Sector in Nigeria with $50m
The World Bank has pledged to support Nigeria’s agricultural sector with 50 million dollars towards the restoration of agricultural livelihood of Fadama beneficiaries in the...
South Africa overtakes Nigeria as Africa biggest economy in dollar value
In dollar terms, South Africa is once again the biggest economy on the African continent, a position it reclaimed from Nigeria. This was attributed to...
NNPC: No Plan to Import Crude Oil into Nigeria
Regulators of the oil and gas sector have denied alleged plans to import crude oil from neighbouring African countries. Officials of the Department of Petroleum...
Investors shut down Diamond Bank over N398 Million In Minna
No fewer than one thousand investors who deposited over N398 million of their hard earned money in the account of Cashflow with the Diamond Bank...
OPEC Predicts:Crude Oil PriceMay Rise Next Month
The Organisation of Petroleum Exporting Countries, OPEC, yesterday said it was confident that the prices of crude oil would rise by next month as against...
14 Airlines Withdraw Service from Nigeria amid Economic Recession
No fewer than 14 airlines have withdrawn their services from the country due to low patronage on account of the economic recession. The airlines, including...
Dangote Industries to Commence Construction of Concrete Roads in States
Dangote Industries Limited has announced the commencement of the construction of concrete roads in various states across the country, particularly in Lagos, Bauchi, Kogi, Kaduna...
FEC Approves Bigger Seaport for Badagry
The Federal Government has approved the construction of a bigger seaport in Badagry, in Lagos State. Minister for Information, Lai Mohammed, who disclosed this at...
FGN Retakes Ajaokuta Steel Company, possession Crisis Ends
The Federal Government on Monday took a major step in its plan to revitalise the steel sector as it signed a renegotiated concession agreement with...