Business

File photo The Bank of Industry (BoI) yesterday said the non-oil sector was primarily responsible for the annual Gross Domestic Product (GDP) growth rate of 1.93 per cent last year …

Minister of Labour and Employment, Dr. Chris Ngige The Nigeria Exports Processing Zones Authority has attracted over $20bn fresh foreign direct investments into the nation’s economy, its Acting Managing Director, …

Minister of Power, Works and Housing, Babatunde Fashola The Federal Executive Council has approved road contracts worth N35.944bn in six states of the federation, the Federal Ministry of Power, Works …

Comptroller-General, Nigeria Customs Service, Hameed Ali The Federal Government loses about N53bn per annum to the illegal importation of iron and steel products, the Galvanised Iron and Steel Manufacturers Association …

CBN Governor, Mr. Godwin Emefiele The Central Bank of Nigeria on Sunday night said that contrary to claims in some quarters, there was no money missing or stolen from the …

Citigroup Global Markets Inc., an investment bank for Jumia Technologies, has responded to fraud allegations levelled against the e-commerce company by a research firm, Citron Research. Citi Group in its …

Yemi Osinbajo The Vice-President, Prof Yemi Osinbajo, has said the Federal Government will deal decisively with individuals and organisations that made the list of high-profile obligors of Asset Management Corporation …

Executive Secretary of NEITI, Mr. Waziri Adio The fall in oil prices slightly affected government earnings in the first quarter of 2019 as the Federation Allocation Account Committee disbursed N1.929tn …

Nigerian capital market authorities have created a new platform for listing of newly established companies and small and medium enterprises (SMEs). The new window allows SMEs and new companies, otherwise …

The African Development Bank Group (AfDB) has approved $200million to boost Nigeria’s electrification project, particularly the off-grid expansion being implemented by the Rural Electrification Agency (REA). A source in the …