The National Economic Council, NEC, yesterday announced that the sum of N3.5 billion has been released for vaccination programme against communicable diseases, while the nation’s Excess Crude Account stood at $2.3 billion as at October 16. The government also said…
The Minster of Power, Works and Housing, Mr Babatunde Fashola (SAN) has announced that Nigeria’s power generation jerked from 2600MW to 7000MW between 2015 to 2017. Speaking at a book launch in Lagos titled: “Solar electricity generation for off-grid communities…
OPEC secretary general Mohammed Barkindo welcomed the rebalancing of the world oil market, hinting the cartel would likely renew its output-cutting deal next month. Barkindo made the comments at the annual Oil & Money conference in London, before the latest…
Nigeria’s former President, Cheif Olusegun Obasanjo has called for more effective policies that can adequately curb environmental degradation especially through deforestation. Obasanjo made this call while receiving delegates from the Federal Ministry of Environment at his Hilltop residence in Abeokuta.…
The founder of eBay sold the company after 3 years, and became a billionaire. His name is Pierre Omidyar, and for many in the U.S, this is not a household name. But the Omidyar Network, a philanthropic investment firm has become…
The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has been mandated by the Federal Government to make meaningful efforts in stimulating the country’s economic growth and development. This is even as stakeholders in the gas sector charged the Federal…
President Muhammadu Buhari has said Nigeria remains proud of its former Minister of Agriculture, Dr. Akinwumi Adesina, for winning the 2017 World Food Prize Laureate. Adesina, who is the President of the African Development Bank (AfDB),will today be presented the…
Guarantee Trust Bank (GTB) has published its Q3 2017 results which showed that profit before tax (PBT) and profit after tax (PAT) declined y/y, by 7% and 15% respectively. According to the report, gross earning dropped by 5 percent, from…
Orange, one of the world’s leading telecommunications operators, has announced the official launch of its brand in Sierra Leone. As of today, Airtel Sierra Leone becomes Orange Sierra Leone. The acquisition of Airtel Sierra Leone was finalised in July 2016…
Nigeria’s external reserves has risen to a three-year high of $33.112 billion as of October 12, according to figure from the Central Bank of Nigeria’s (CBN) website. The sustained accretion in the reserves is driven majorly by increased foreign currency…
