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House of Reps committee sets harmonisation date for 2016 budget

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House of Representatives Appropriations Committee yesterday unveiled plans to hold a special budget defence session with Kemi Adeosun, minister of finance, and Udo Ndoma,...

Lagos light rail project gets $200m World Bank boast

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Nigeria’s minister of information, culture and tourism, Lai Mohammed, said on Thursday that the $200 million World Bank loan recently approved by the Federal...

Ntel debuts VoLTE call in Nigeria

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NatCom Development and Investment Limited (ntel), the company that acquired the core assets of NiTel/MTel (in liquidation), made its first voice-over-LTE (VoLTE) call in...

FCT dangle incentives for investors

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Muhammad Musa Bello, Federal Capital Territory (FCT) minister, says the FCT administration has provided enough incentives that would encourage investment climate. Some of the incentives,...

French agency to invest on Kano’s renewable energy project

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French Development Agency has set aside 500,000 euro for a renewable energy project, using French technology, at Ganduje in Dawakin Tofa Local Government Area...

Senate to issue arrest warrant on Larmorde

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Senate has asked its Committee on Ethics, Privileges and Public Petitions to comply with constitutional provisions regarding the issue of arrest warrant on Ibrahim...

Nigeria Investment Promotion Council to raise special development fund

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Nigeria Investment Promotion Commission has revealed plans to set up a special development fund called the Investment Facilitation Funds (IFF). The proposed fund, when launched,...

Court dismisses Etisalat suit against MTN, Visafone

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Justice Ibarhim Buba of the Federal High Court, Ikoyi, Lagos, has thrown out the lawsuit filed by Etisalat against MTN Nigeria and Visafone over...

Banks gets 5-working days to resolve BVN issues

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Central Bank of Nigeria (CBN) has given deposit money banks five working days from the date the customer submits all the required documents, to...

Naira rebounds as CBN applies new rules

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Central Bank of Nigeria (CBN) yesterday raised hope of the naira rebounding further based on some drastic measures it was taking to strengthen the...