President Umaru Musa Yar'Adua said yesterday that there was no going back on the planned deregulation of the downstream sector of the petroleum industry.

The federal government yesterday said Nigeria has not closed its borders with Niger Republic.

PRESIDENT Umaru Yar'Adua has said that the deregulation of the downstream sub-sector of the petroleum industry is inevitable, but that government is still holding consultations with stakeholders on the necessity of the action.

President Umaru Musa Yar'Adua yesterday sought the endorsement of the National Assembly for a N352.2 billion supplementary appropriation to enable the Federal Government address emerging challenges of the post-amnesty period in the Niger Delta region.

With seven weeks left in the Federal Government's promised 6,000megawatts power generation target by year's end, the country currently generates 2,900mw of power even though all the $5.09 billion [about N762.93 billion] special intervention funds for the sector this year

Ecobank Group is partnering with Western Union and United States Agency for International Development (USAID) to bring in N22 million worth of diaspora business investment in Africa

Organised Labour in the nation's banking industry, yesterday, expressed concerns over the wave of retrenchments in the banks since the Central Bank of Nigeria (CBN) under Alhaji Lamido Sanusi began a fresh reforms in the banking sector, with Union Bank

A regime of sanctions against this country's northern neighbor, Niger Republic, went into effect early this week with men of the Nigeria Customs Service preventing the export of fuel, grain and other essential commodities across the Jibia border in Katsina

Justice M. A. Bello of a Federal High Court in Abuja has fixed November 26, 2009 to hear the suit instituted by a human rights lawyer, Mr. Bamidele Autru, challenging the decision of the Federal Government to deregulate the downstream

THE Central Bank, CBN, yesterday, raised an alarm on rising cases of fraud in the nation's financial institutions even as it granted the request of shareholders of Equatorial Trust Bank Limited to recapitalise the bank, following a proposal by the

As preparation for the Beijing Plus15 Banjul meeting gets to an advanced stage, samaritans from all sectors of society are coming on board to be part of this rare historic event with donations in cash or kind.

An International Monetary Fund (IMF) mission led by David Dunn is currently in The Gambia on a working visit to assess the economic performance as at end-September the sixth and final review of The Gambia's three-year programme under the Poverty

Due to small size of the bus stop just after the newly-open Merchant Bank branch when approaching the Adabraka police station from the Kwame Nkrumah Circle, is causing inconveniences for customers and staff of the bank, as well as commuters

Members of the Takoradi Polytechnic chapter of the Polytechnic Teachers Association of Ghana (POTAG), on Tuesday embarked on a sit-down strike action, leaving all class rooms at the Polytechnic virtually empty.

It is amazing to note that pedestrians using the Avenor road, when heading towards Caprice, have refused to use the newly-built footbridge.

Ongoing debate and pronouncement by the ruling National Democratic Congress (NDC) to re-engage Vodafone Plc in its acquisition of 70% shares in Ghana Telecom (GT) has sparked the reaction of the opposition New Patriotic Party (NPP) .

One of the few people who have openly declared their intentions to contest for the position of National Youth Organizer in the ruling National Democratic Congress (NDC) party and also a staunch supporter of the Mills administration, Mohammed Mubarak (Ras

The banking crisis which gripped Nigeria should not be seen from an isolated perspective. Now more than ever the Central Bank of the Gambia should do a comprehensive study of what happened in Nigeria with a view to developing its

Villagers in the TDA have been wondering about the impact on sand mining on their environment especially in this era of climate change when rising ocean level and floods are becoming common occurrence. This is why interviews were made with

MTN Ghana, the leading telecommunications operator in Ghana, has launched her 3.5G technology in Takoradi and its environs.