Banking Sector, Others Suffer As Investment Inflows Drop By N1tn
About 14 sectors of the economy recorded a decline of about $3.45bn (about N1.05tn) in investment inflow between the first and third quarter of the year, analysis of the capital…
New Gas Fields From Ghana Threatens Nigeria’ Exports
By Lukman Amusa Nigeria’s gas export to West Africa sub-region is facing threat from new gas fields emerging in Ghana, one of major recipients of Nigeria’s gas under the West…
Oil Prices Dip To 18-Month Low
Jennifer Akamanu Oil prices fell more than one per cent on Thursday after rebounding eight per cent in the previous session, as worries over a glut in crude supply and…
Gionee Officially Goes Bankrupt From Debts Excess
Folarin Adegboyega Awal Chinese smartphone maker, Gionee has officially gone bankrupt as it now owes a total of $2.9 billion approximately to 648 creditors. Earlier, Gionee chairman Liu Lirong reportedly…
Active internet subscribers hit 169m in Nov, says NCC
The Nigerian Communications Commission says there are 169,104,830 active subscribers on the telecommunications networks in November, as against 165,239,443 recorded in October 2018. The telecommunications regulator made this known in…
Organised Labour Issues Dec. 31 Deadline
By Lukman Amusa The organised labour has given the Federal Government up to Dec. 31 to send the tripartite committee report on N30,000 minimum wage to the National Assembly. The…
MAAN Targets 25m Metric Tonnes Of Maize Production in 201
Maize Farmers Association of Nigeria (MAAN), has projected an increase with possibility of attaining the target of producing 25 million metric tonnes of maize at the end of the 2019…
N820bn released for capital project implementation, says Udoma
The Federal Government has so far released the sum of N820.5bn for the implementation of capital projects contained in the 2018 budget. The Minister of Budget and National Planning, Senator…
Our involvement in Nigeria Air project, by Qatar Airways
The Chief Executive Officer of Qatar Airways, Akbar Al Baker, has cleared the air over the carrier’s involvement in the project to set up a national carrier by the Nigerian…
How Africa and Europe can collaborate to tap benefits of digital economy, by Osinbajo
Africa and Europe must work together to advance and harvest the economic benefits of digital economy, and at the same time prevent a counter-productive widening of the digital gap, according…
