The Federal Government has restated its commitment to continue to support the private sector by improving public infrastructure as part of effort to achieve the vision 2020 goals.
Integrated Microfinance Bank (IMFB) Limited has announced its decision to shore up its capital base to N15 billion within the next three years via a private placement which it intends to undertake in three phases.
GOVERNOR Theodore Orji of Abia State says his administration waived the sum of N50 million tax to the Geometrics power station in Aba as a way of ensuring constant power supply in the city.
The Federal Government said last week in Lagos that there are noticeable improvements in the quality of services offered by the phone operators and hoped that tariffs for calls will also drop further for the benefit of the Nigerian consumers.
ONE man was killed when over 20 gunmen attacked and bombed the palace of the paramount ruler of Finima, Bonny Local Government, Rivers State, at the weekend.
EDO state Government says indebtedness of Bendel Brewery to its suppliers, distributors, banks, and salaries of workers currently stands at N1.7 billon.
The Central Bank of Nigeria has restated its position on foreign investments in the Nigerian banking sector saying that foreigners could establish their own banks if they met the N25 billion capital requirement.
The House of Representatives committee on Capital Mar-ket has accused the Nigeria Stock Exchange (NSE) of manipulating share prices on the market and said NSE has succeeded in ridiculing the stock exchange and Nigeria in the eyes of international investors.
The report of the House of Representatives Committee on Privatisation and Commercialisation which probed the sale of African Petroleum (AP) to Zenon has given the transaction a clean bill of health.
The Director of FCT Directorate of Road Traffic Services (DRTS), Major Adamu S. Argungu (Rtd) has condemned the attacks of his men by commercial drivers and has warned that such acts must stop.
Telecom giant Globacom's announced intention to capture the West African Telecom market moved closer to fruition yesterday with the acquiring of a licence to operate mobile cellular service in Ghana.
Mr Jean-Michel Dumond, the French Ambassador to Nigeria said the volume of trade between France and Nigeria in 2007 was 2.4 billion euros (N47 billion).
The ancient city of Kano witnessed a mass turnout of over 2,000 teachers from the 44 local government councils in the state as members of the Nigeria Union of Teachers (NUT) held a prayer session to seek God's intervention over
The Federal Government would be withdrawing $5 billion or about N580 billion from the excess crude account in order to fund the power projects, under the much-awaited power emergency, the details of which would be released after the scheduled June
CONFERENCE of the Nigerian Political Parties (CNPP) in Delta State has condemned the reported joint decision of President Umaru Yar'Adua and the 36 state governors to authorise the disbursement of $5 billion of the estimated $18 billion from the Excess
Oceanic Bank International Plc has entered into arrangements with both the Federal Government and some State governments towards infrastructural development in the country.
THE Chairman of the Independent Petroleum Marketers Association of Nigeria, Delta State Chapter, Chief Akpos Edafevwotu, has urged the Federal Government to speed up the repair the Lagos/Benin Highway.
Chief Executive Officer of Vodacom, Mr. Alan Knott-Craig, has expressed regrets over pulling out of an opportunity that would have given Vodacom a piece of Nigeria, Africa's largest telecoms sector.
