Micro entrepreneurs have bemoaned the neglect of the sector, especially in the area of funding and machinery, calling on government to create an enabling environment to boost production.

BHP Billiton said weekend that U.S. authorities have laid out grounds for possible enforcement action against the top global miner for corrupt practices, stepping up a four-year probe linked partly to its 2008 Olympics sponsorship. In another recent settlement, Parker Drilling agreed for a $15.85 million charge to settle allegations by the SEC and Justice Department that it bribed officials in Nigeria and Kazakhsta.

By NKIRUKA NNOROM & WILLIAM JIMOH The Nigerian Stock Exchange, NSE, is on the verge of witnessing a flurry of listing from companies in the telecommunication, oil & gas, manufacturing and agricultural sectors, said the Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala. She made the revelation when she, in the […]

Shareholders of Wema Bank Plc have unanimously approved a bid by the Bank to raise over 40 billion naira private placement fund as part of efforts by its management to keep the bank in operation.

Nigerians have been told to stop using poverty as an excuse for not having any form of insurance cover because the poor are more vulnerable to huge loss in the event of disaster.