Nigeria’ll not be Africa’s warehouse, but Africa’s workshop — Tinubu
By Yinka Kolawole President Bola Tinubu has declared that Nigeria will no longer be content with exporting raw materials and importing finished products, saying the country is determined to become Africa’s industrial workshop. Tinubu, who was represented by the Minister of State for Industry, Sen.John Enoh, spoke at the 6th Adeola Odutola lecture and Presidential […]
‘How to grow non-oil economy’
The sudden decline in the price of crude oil at the international marketer from over $100 to about $78 per barrel is unsettling for Nigeria’s economy, which depends largely on revenue from crude oil to run the economy. This is happening at the same time Ghana is planning to cut the volume of gas import from Nigeria.
‘Of what use is a government that cannot provide basic services for the citizens?’
Most densely inhabited country in Africa with a population of 162 million people and growing rapidly.
Seplat to pay US$0.06 per share as gas revenue rises by 24%
Seplat Petroleum Development Company Plc, Nigeria’s leading Nigerian indigenous oil and gas company, listed on both the Nigerian Stock Exchange and London Stock Exchange, announced its Q3 results on October 30, 2014.
Nigeria must diversify its economy – Aganga
The minister of Industry, Trade and Investment, Dr. Olusegun Aganga, has called for the diversification of economy saying it is the only way the country could achieve economic development.
Housing finance: AMCON boss faults NMRC’s capital outlay
By YINKA KOLAWOLE Chief Executive Officer of the Asset Management Company of Nigeria (AMCON), Mr. Mustapha Chike-Obi, has faulted the guideline establishing Nigerian Mortgage Refinancing Company (NMRC), arguing that the agency lacked adequate capital, and called for increase in the minimum capital base of NMRC to about N10 trillion. Speaking at the Legal Business Summit […]
