W/Bank mobilises $5.79bn private capital for Nigeria
By Emma Ujah, Abuja Bureau Chief The World Bank Group has said it is helping to mobilise $5.79 billion in private capital for investment in Nigeria’s agriculture, telecommunications and micro, small and medium enterprises (MSMEs), in a major push to expand private-sector participation in the economy. The financing drive is being supported by policy reforms, […]
Tension in Onitsha as Navy, sand dealers clash
Palpable tension arose in the commercial city of Onitsha, Anambra state, as members of Sand Dealers Association, Anambra state chapter, staged a peaceful protest against officers and men of the Nigerian Navy, Onitsha Naval base, for what they termed a transferred aggression against their members at the River Niger Creek, Onitsha, Anambra state
Economy sustains recovery, grows by 0.8% in 2017
The National Bureau of Statistics, NBS, has disclosed that the economy grew by 0.83 percent in 2017, indicating an increase of 2.42 percentage point from 1.56 percent contraction recorded in 2016.
NSE: Investors dump Africa Prudential shares despite 68% profit growth
Investors in the Nigerian Stock Exchange, NSE, today dumped the shares of Africa Prudential, Plc despite an impressive full year financial result for period ended December 31, 2017.
Kogi, NNPC sign MoU on fuel ethanol plant
The Kogi State Government, Tuesday, signed a Memorandum of Understanding, MoU, with the Nigerian National Petroleum Corporation, NNPC, for the setting up of an ethanol biofuel plant and refinery in Kogi state.
Fuel price: Nigerians buying petrol at N199 per litre — NOIPolls
Foremost polling, research and survey firm, NOIPolls, Tuesday, stated that 86 per cent of petrol purchasing Nigerians across the purchased the commodity at an average of N199 per litre, far above the N145 per litre price stipulated by the Federal Government.
