By Chris Ochayi The Federal Government assured Nigerians that the contractor handling the construction of Lagos-Ibadan standard gauge double rail track would soon commence actions on the projects. Minister of Transport, Senator Idris Umar who disclosed in Abuja while inauguration the Board of Directors of the Nigerian Railway Corporation, NRC, said the government is equally […]

Ernst & Young has attributed the increased private equity investment in Nigeria and Africa in general to government reforms and increase in Direct Foreign Investment (FDI).

The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga , has warned the newly appointed board members of the Industrial Training Fund (ITF) and the Financial Reporting Council of Nigeria (FRC) not to interfere with the day-to-day running of their respective agencies.

The Institute of Chartered Accountants of Nigeria (ICAN) has called on its new members to join in the anti-corruption crusade by the Federal Government, as it inducts about 672 new members.

By Jonah Nwokpoku The United Kingdom and Nigeria are both committed to doubling bilateral trade relations by 2014, said the Acting Deputy High Commissioner, Nigeria British High Commission, Mike Purves. He stated this in Lagos while receiving the United Kingdom Trade and Investment, UKTI North West trade delegation to strengthen Nigerian SMEs, led by the […]

Frank Umeh a lawyer and Managing Director, Tradewinds Duty Free Market, Tinapa Free Trade zone, Calabar, in this interview offers insights into how the Tinapa free trade will be successful. He said he believes that Tinapa is a viable project and everyone should be thinking of how to make it do better than it is doing presently. Here is an excerpt.

 Mr Chris Igwe, Managing Director, Mainland Oil and Gas, on Tuesday said the company planned to invest about N2 billion in mega filling stations across the country.

The 700-megawatt (MW) Zungeru Hydroelectric Power Plant situated in Niger State is expected to fully take off with a scheduled sod turning ceremony to be performed by President Goodluck Jonathan today (Tuesday).

Lagos State Government has raised an alarm following the discovery that many tank farms are operating in Apapa without requisite permit, saying they pose security threats to life and property in the state.

Nigeria is set to make history as plans have been concluded for the foundation laying ceremony of the $1.2 billion world largest gas-to-urea fertilizer plant project.

I want to talk about the takeover of GSK (GlaxoSmithkline), which foreign investors are trying to corner by taking up to about 80 per cent of the shares issued capital, thereby taking over the company.

Some people want to invest in shares for a very long time. You can decide to save and invest periodically, quarterly or every six months. It could be for retirement or for a major project like children’s university education or to build your own house. This means a period of more than ten years. What are the shares you should buy?

The Lagos State Government said it has built a 10.4megawatt power plant Alausa, to replace the 14-MW diesel generator used within the state secretariat, which also houses the seat of government.

By Felix Ayanruoh In the past two decades, plaintiffs’ lawyers have used the Alien Tort Claims Act (ATCA), to file lawsuits against multinational oil and gas corporations among other, alleging serious human rights abuses including environmental degradation. The ATCA Passed as part of the Judiciary Act of 1789, is a jurisdictional statute that creates no […]

By Sebastine Obasi On April 25, 2013 youths and elders of five oil-producing communities in Delta State protested at the National Assembly, alleging that the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, and the Shell Petroleum Development Company (SPDC) Limited, were involved in a N58.9 trillion shady oil deal, not few people were worried. Their […]