Armed men suspected to be members of Boko Haram sect on early Thursday forced their way into the Ashaka cement plant near the town of Bajoga early Thursday. It is unclear whether there are c... Read more
President Goodluck Jonathan on Thursday assured Nigerians and foreign investors that the Nigerian economy will remain stable despite the drop in global oil prices. According to Jonathan, the... Read more
The Federal Government has once again revised its 2015 budget oil benchmark price to $65 a barrel, compelled by more-than-expected deceleration in global oil prices. The government had about... Read more
Namadi Sambo, NCP Chairman With just $252 million bid, a teleommunication consortium has clinched the the Nigerian Telecommunications Limited (NITEL) as the preferred bidder. If it is able t... Read more
Power: Nigeria Gets $200m Credit Line from Germany Nigeria has been granted $200 million facility by Germany to develop her small scale renewable energy sector, a German official disclosed o... Read more
Nigeria improved by nine places in the Transparency International’s ‘Corruption Perception Index 2014,’ with the country perching on position 136 out of 175 countries/territories surveyed. N... Read more
Airtel Launches First 4G Service, Assures Customers of Improved Network Performance Bharti Airtel has launched what it called Africa’s first 4G service in the Seychelles, which is among its.... Read more
Lagos airport cargo terminal reopened The Comptroller General of Customs, Dikko Inde Abdullahi The Federal Government has reopened the cargo shed of the Murtala Muhammed International Airpor... Read more
THE Federal Executive Council (FEC) on Wednesday approved the award of contracts for the construction and rehabilitation of 17 roads and bridges across the country under categories A&B... Read more
The Central Bank of Nigeria (CBN) has increased support for the Nigerian currency naira as it aims to lift naira to near target band. Naira closed higher on Tuesday for only the second time... Read more
