Economy

By John Ikani  The Federal Government has assured of its commitment to the implementation of the Extractive Industries Transparency Initiative (EITI) in the oil, gas, and mining industries of Nigeria. The assurance was given by President...

A British gold mining firm, Aurelia Mining Company Ltd, is set to invest $100 million in the mining and production of gold in Nigeria. The Company's Director, Julian Hammond in his visit to the Minister of...

By Chioma Iruke Nigerian Bulk Electricity Trading (NBET) Plc has debunked reports that it inserted projects outside its area of operations in the 2021 budget of the organisation that was passed in December. Recall, some reports,...

By John Ikani  President Muhammadu Buhari has tasked Nigerians on exercising patience, stressing that his administration is addressing the hardship facing the country. A statement issued by Presidential Spokesman, Garba Shehu, revealed that Buhari made the...

By John Ikani The National Bureau of Statistics (NBS) says the average price per litre paid by consumers for National Household Kerosene increased to N370.29 in June from N363.50 in May. In its “National Household Kerosene...

By Chioma Iruke The Nigerian Government has hired four asset managers to run a $37 billion fund set up to drive investment in roads, railways and power projects in Africa’s largest economy. The government hired Netherlands-based...