We have spent over N2.7tn in capital on Infrastructure in the last 3 years – Osinbajo
Vice President, Yemi Osinbajo By: Theresa Igata The Vice President, Yemi Osinbajo says the Federal Government has spent over N2.7 trillion to service the country’s infrastructure needs since…
AfCTA Agreement: Impact on Local Industries in Nigeria is a major concern – Osinbajo
Nigeria’s Vice President, Prof Yemi Osinbajo, has raised concern over the issues about how the Africa Continental Free Trade Area, AfCTA, Agreement will impact on local industries…
Trade Relations: Nigerian Businesses were not the only target- Ghana
By: Theresa Igata The question of the closure of Nigerian businesses in Ghana has yet again been brought to the front burner of discussion as the Ghanaian High…
Brexit Might be an Opportunity for Nigeria to Develop Broad and Deep Partnerships in Trade and Commercial Relationships- British Deputy High Commissioner
By: Theresa Igata Notwithstanding the many challenges to the ease of doing business in Nigeria and the recent ranking of the country in the latest World Bank Ease…
DMO begins payment of arrears to oil marketers, staves off fuel scarcity
The Debt Management Office (DMO), says it has commenced the accelerated implementation of settlement of government arrears through promissory notes to oil marketers. This will help stave off any possibility…
FGN TSA: New Tariff Regime Effective November 1
The federal government has indicated that, from November 1 2018, the service charge on all payment to its ministries, departments and agencies [MDAs] would be borne by the payer. In…
Nigerian airline among those banned from flying into Europe
Nigeria is among countries whose airlines were banned from flying into the European Union, latest reports reveal following crash of Lion Air of Indonesia. Nigeria has no national carrier but…
$22.06bn, N481.75bn not remitted to Federation Account under PDP govt, says NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) says that the $22.06 billion and N481.75 billion yet to be remitted by NNPC and others to the Federation Account are legacy issues…
Canadian Governor-General inaugurates 4.5 million dollars, Lagos Biobank
The Governor-General of Canada, Julie Payette, on Tuesday inaugurated a 4.5 million dollars Lagos Biobank for effective management of outbreak of diseases, research and development of vaccines at…
AfDB rolls out ADRiFi to boost climate risk financing and insurance in regional Member Countries
The African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, the institution’s first climate risk management programme to boost resilience and response…