Category: Economy

The Federal Government Enterprise and Empowerment Programme (GEEP) MarketMoni scheme has successfully reached over 350,000 micro enterprises in all 36 states of Nigeria, and the Federal Capital City. This was revealed on Thursday, at the …

Nigeria’s Ministry of Finance has said the three tier of government, federal, state and local councils shared N701 billion as revenue in April Permanent Secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse told newsmen that the …

…Says N50bn Revenue Target By 2019 Still On Course …Receives N327m From 13% Oil Derivation The Lagos State Government on Monday said that it has so far achieved an average monthly Internally Generated Revenue (IGR) …

Nigeria’s economic growth slowed in the first quarter of 2018 for the first time since the country pulled out of recession last year as the non-oil sector struggled, the National Bureau of Statistics said on …

…Inspects Dangote Industrial Jetty, Other Projects In Ibeju-Lekki, Epe, Ojota …Ongoing Projects In Lekki Free Trade Zone Largest Worldwide, Says Dangote Lagos State Governor, Mr Akinwunmi Ambode on Sunday inspected the ongoing projects in the …

Shipments of Nigeria’s Bonny Light crude, one of the country’s major sources of oil revenue, are experiencing delays in loading, although the reason was not immediately clear, several trading sources said on Thursday. Several traders …

Crude oil price has climbed above 80 dollars per barrel for the first time in three-and-a-half years amid simmering global tensions over Iran. Brent crude has been rising in recent months as supplies tighten and …

Nigeria has ordered the closure of filling stations that are 10 kilometres on the border to monitor actual consumption of petrol following doubts over the quantity of petrol consumed daily. The Sub-Committee of the National …

Unidentified gunmen killed the manager of a plant owned by Nigeria’s Dangote Industries Limited in Ethiopia on Wednesday after he was attacked in the restive Oromiya region while returning to the capital from the factory, …

Nigeria has awarded a $6.68 billion contract to the China Civil Engineering Construction Corporation (CCECC) for work on a major segment of a railway linking Lagos, in the southwest, and Kano in the north, Xinhua …