Buhari disengages Mbanefo, NTDC Director General
Barely 24 hours after she participated at a tourism exhibition where she revealed that tourism fetched the nation about $1.1 billion last year, the Director General (DG) of the Nigeria…
Oil prices rise by 8% after OPEC members agree to production cut
Oil prices jumped more than 8 percent on Wednesday to a five-week high as some of the world’s largest oil producers agreed to curb oil output for the first time…
NCC suspends directive on data segment price floor
Following the concerns that visited the directive to introduce price floor for data segment of the telecommunications sector beginning from December 1, 2016, the Nigerian Communications Commission (NCC) has suspended…
Senate probes Customs, FIRS, others over missing billions
The Senate on Tuesday, constituted an adhoc committee to investigate Nigerian Customs Service, Federal Inland Revenue Service (FIRS) and other revenue generating agencies of government over alleged non-remittance of billions…
Tourism generated $1.1 billion in 2015 – Mbanefo
The Director-General of the Nigerian Tourism Development Corporation (NTDC), Mrs Sally Mbanefo, on Tuesday said that the tourism sector generated over $1.1 billion in 2015. Mbanefo said at a two-day…
Ambitious Lagos: Ambode presents N813bn Golden Jubilee budget for 2017
Gov. Akinwunmi Ambode of Lagos State on Tuesday presented a hefty budget of N813 billion to the state House of Assembly for 2017 tagged “Golden Jubilee Budget” . The budget…
Doing business in Nigeria has been good, and we’ll do more, says MTN CEO
Mr. Ferdi Moolman, the CEO of MTN Nigeria has expressed confidence in the Nigerian market, saying that his company will invest more in a market he described as resilient. He…
Senate approves virement of 2016 budget for capital projects
The Senate Tuesday approved the request of President Muhammadu Buhari to amend the 2016 budget by re-assigning N180.8 billion to critical recurrent and capital items and increasing the amount to…
Okowa beckons on investors as Asaba City Mall opens
Delta State Governor, Dr. Ifeanyi Okowa, has described the speedy completion of the Asaba City Mall as clear signal that the state was investor-friendly. The governor who disclosed that he…
Bad weather linked to plane crash that killed 76, Brazilian soccer team most hit
Police in Colombia have said 76 people were killed when a plane carrying members of the Brazilian football team Chapecoense crashed in the early hours of Tuesday morning. Only five…