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(BLOOMBERG) Private-equity companies amassed a $4.3 billion war chest for investment opportunities in Africa last year as the global commodity rout and weakening local...

The federal government has successfully enrolled about 320,000 federal workers into its innovative salary processing system after it successfully flushed out over 60,000 ghost...

The naira yesterday, depreciated in value against the dollar across foreign exchange (FX) markets due to shortage of the greenback. Specifically, the naira weakened by...

Nigerian Export Promotion Council (NEPC), a Federal Government agency saddled with the responsibility of promoting the non-oil sector of the economy is appealing to...

(BENIN CITY, NIGERIA)Benin Electricity Distribution Plc. (BEDC) last Thursday in Lagos became the first electricity distribution company to emerge a winner in the maiden...

(Port Harcourt, NIGERIA) Indorama Group, one of the world leader in poly-ethylene Terephthalate (PET) production, says it plans to significantly increase capacity at its...

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

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...

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...

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,...