Okonjo-Iweala urges value addition to tackle Nigeria unemployment problem

A former Minister of Finance, Dr Ngozi Okonjo-Iweala, has said Nigeria and other African countries can provide good jobs for their youths by adding value to agricultural produce and other…

We owe CBN more than N4tn, says AMCON

The Asset Management Corporation of Nigeria has said it owes the Central Bank of Nigeria more than N4tn. AMCON was established by the Federal Government in 2010 to buy bad…

Abnormal pricing, bane of Nigeria’s electricity industry — NERC Commissioner

The Commissioner, Legal, Licensing and Compliance at the Nigerian Electricity Regulatory Commission, Dafe Akpeneye, says the power sector has not been able to stand due to wrong pricing. He spoke…

Okonjo-Iweala: WTO SHifts meeting for picking new DG

The World Trade Organisation has postponed a meeting where members are expected to pick a new Director-General after the United States blocked the favoured candidate, Ngozi Okonjo-Iweala. The WTO earlier…

Poor infrastructure, A LIMITATION to agricultural trade – PwC

Poor infrastructure has been identified as one of the major barriers to agricultural trade within and outside Nigeria. An Associate Director at PricewaterhouseCoopers Nigeria, Taiwo Oyaniran, while speaking at an…

2021 proposed N6tn loans: PDP, APC clash over FG’s fresh plans, MAN demands caution

• Buhari has insatiable appetite for loans, we’ll soon borrow from Togo – PDP • Opposition party disturbed we’re succeeding where it failed, says APC The Peoples Democratic Party and…

Design new revenue sharing formula, Reps tell RMAFC

The House of Representatives has asked the Revenue Mobilisation, Allocation and Fiscal Commission to come up with a new revenue sharing formula that will put more resources at the disposal…

Discos begin implementation of revised electricity tariff

Power distribution companies have commenced the implementation of the revised electricity tariff that was jointly agreed upon by organised labour and the Federal Government. In an exclusive report, the Nigeria…

FG to spend N269.38bn on six million free meters

The Federal Government is to spend between N269.38bn and N497.13bn on the provision of six million free meters to various unmetered power users across the country. Also, findings from separate…

Rice millers to shut down plants over looting

Rice millers on Thursday declared that they would shut down some of their plants in some parts of the country following the destruction of some of their mills by protesters…