Food Crisis: Cost of healthy diet rises further — NBS Report
By Elizabeth Adegbesan Despite the moderation in inflation rate reported by the National Bureau of Statistics, NBS, the financial burden of feeding on Nigerian households may have intensified as the national average Cost of a Healthy Diet (CoHD) climbed to N1,541 per adult per in March 2026, about 4.4 per cent up from N1,477 in March […]
Jonathan urges CIBN to implement Transformation Agenda’s policies
President GoodLuck Jonathan has urged the Chartered Institute of Bankers of Nigeria (CIBN) to ensure effective implementation of policies that will complement Federal Government’s transformation agenda.
FG approves N213bn for power intervention fund
The Federal Government has announced a N213-billion facility to help offset the legacy gas debts and address the revenue shortfall in the power sector.
Oil sector loses N32bn foreign investment
The non-passage of the Petroleum Industry Bill, PIB, has started to take its toll, as foreign investments into the oil and gas sector dropped by $197.31 million, about N31.6 billion in three months, between April and June 2014.
DPR says migration to electronic operations yields dividends
It is no gainsaying that technology has changed practically every facet of the human life from lifestyle to living, and most importantly the way humans do their works.
Consortium pools $400m for 260MW plant in Ogun
A Consortium of foreign financial institutions has generated a total of $400 million to construct a 260-megawatt, MW, power plant to be located in Ewekoro, Ogun State.
Lafarge Nigeria Limited, the cement manufacturing company is the lead arranger of the deal, which also includes the International Finance Corporation, IFC, a subsidiary of the World Bank; Wartsila-Development; and Financial Services Company based in Finland.
