Nigeria’s Diesel Generator Market Set to Hit $694 Million by 2022
As Nigeria’s energy sector continues to wobble, importers of power generating sets are smiling to the banks and further depleting the country’s scarce foreign exchange, as the importation of generators...
View ArticleWorld Bank Stands With Haiti and Offers Support Following Hurricane Matthew
World Bank Group President Jim Yong Kim made the following statement during the IMF/World Bank Group Annual Meetings as Hurricane Matthew had just hit Haiti and continued its devastating path across...
View ArticleGlobal economy growth is expected to pick up slightly next year- Says IMFWB
The global economic recovery continues slowly and unevenly, and growth is expected to pick up only slightly next year, mostly on account of emerging market economies. These is contained in a Communiqué...
View ArticleEU, IMF Signs €2m Agreement To Support Diagnostic Assessments of Tax...
The European Commission and the International Monetary Fund (IMF) signed a €2 million (about US$2.2 million) agreement to support assessments of tax administrations using the Tax Administration...
View ArticleNBA frowns at arrest of Judges, declares state of emergency in the Judiciary
Abubakar Mohmoud, NBA President The Nigerian Bar Association has frown at the raiding of the homes of some senior judges across the country by the State Security Service. The President of the NBA, Mr...
View ArticleJudges Arrest: DSS gives reasons for arresting Judges
Abdullahi Garba, DSS Spokesman Nigeria’s Department of State Services (DSS) has given reasons for its arrest of some judges. A statement after the foiled arrest on Saturday, a spokesman for the DSS,...
View ArticleMinister hails NAFEST 2016 for strengthening national unity
Lai Mohammed The Minister of Information and Culture, Alhaji Lai Mohammed, has described the 2016 edition of the annual National Festival of Arts and Culture (NAFEST 2016) as a success, saying it has...
View ArticleCourt Orders AMCON To Pay Capital Oil And Gas 26bn
A Federal High Court in Abuja has ordered the Asset Management Corporation Of Nigeria (AMCON) to pay Capital Oil and Gas Limited the sum of 26 billion Naira as contained in the consent judgment...
View ArticleReps To Investigate illegal ATM Charges
ATM The House of Representatives, has mandated its committee on banking and currency to investigate the illegal and indiscriminate automated teller machines charges by commercial banks in the country....
View ArticleJudges Arrest: Wike access Police, DSS Of Trying To Abduct A Judge
Gov. Nyesom Wike Rivers State Governor has accused the Nigerian police and the Department of State Services (DSS) of trying to abduct a serving Federal High Court judge in his residence at number 35,...
View ArticleJudges Arrest: LEDAP Asks Lawyers To Boycott Courts This Week
The Legal Defence and Assistance Project (LEDAP) on Sunday called on Lawyers across the country to boycott court this week following the raid of residences of some judges in Nigeria, and the arrest of...
View ArticleFG, World Bank reach agreement to release $1.3b for Takeoff of DBN
L-R: Honouable Minister for Finance, Kemi Adeosun; Governor Central Bank of Nigeria, Godwin Emefiele and Deputy Governor, Economic Policy of CBN, Sarah Omotunde Alade during a join media briefing held...
View ArticlePhoto News: Faces at IMF/ WBG Annual Meeting 2016
L-R: Honourable Minister of finance, Mrs. Kemi Adeosun, Managing Director, IMF Christine Madeleine Odette Lagarde and CBN Governor, Mr Godwin Emefiele during courtesy visit to the IMF headquarters in...
View ArticleNigeria, W’Bank Set Framework To Improve Low Performance
L-R: Honourable Minister of finance, Mrs. Kemi Adeosun, Managing Director, IMF Christine Madeleine Odette Lagarde and CBN Governor, Mr Godwin Emefiele during courtesy visit to the IMF headquarters in...
View ArticleBPE Hails Omotosho Electric Over Power Generation at Full Capacity
Omotosho Electric Energy Company Limited, Ondo State has been commended for its feat in utilizing its eight turbines to generate electricity at its full 304 megawatts capacity despite daunting...
View ArticleFG To Support Investment In Renewable Energy
Amina Mohammed As part of plans to diversify the nation’s economy, the federal government is developing a Jatropha value chain for renewable energy. Minister of Environment, Amina Mohammed,...
View ArticleNigerian Economic Summit Begins In Abuja
NESG logo The 22nd edition of the Nigerian Economic Summit Group (NESG) meeting has opened in Abuja, with participants looking to come up with strategies that will spur economic growth through...
View ArticleJudges Arrest: Corruption Is Under Attack, Not Judiciary – Presidency
The Presidency has given the assurance that the President reserves his highest respect for the institution of the judiciary as the third arm of government and will not do anything to undermine its...
View ArticleRecession: Lagos To unveil Monthly Payment On Housing Schemes
Lagos State Governor, Mr. Akinwunmi Ambode (2nd left); Director in Ministry of Works & Infrastructure, Engr. Dele Shomide (right); Permanent Secretary, Ministry of Works & Infrastructure, Engr....
View ArticlePhoto News: 30MW Sokoto State Government Independent Power Plant
Hon Minister of Power, Works & Housing, Mr Babatunde Fashola,SAN(2nd right) and Governor of Sokoto State, Rt. Hon. Aminu Tambuwal(2nd left), being briefed by CEO, Elvaton Nigeria, Mr Elivs...
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