Business

The construction of the Fourth Mainland Bridge in Lagos State may be delayed as no fewer than 318 buildings will be demolished for the bridge to take-off.
The state government yesterday made this disclosure at a joint press briefing on the 2014

By Eranga Isaac
South African investors have indicated interest to set up an ethanol refinery in Edo State and turn the state into the China of Africa. Executive Chairman of Industrial Development Holding, South Africa, Mr. Mxolesi Mbetse made the disclosure when he paid Governor Adams Oshiomhole a courtesy visit

The naira appreciated against the dollar at the official and parallel markets on Friday, the News Agency of Nigeria, NAN, reports.
The naira was traded at N155.24 at the official market on Friday from N155.70 that obtained last week and N169 to the dollar at the Bureau De Change (BDCs)

President Goodluck Jonathan said Wednesday in Davos Switzerland that African governments must accord the highest possible priority to promoting inclusive economic growth on the continent to avoid problems associated with poverty and financial equality.
Speaking during a televised debate at the World Economic Forum, President Jonathan said that his administration

Lagos State government achieved a 125 percent performance in the fourth quarter implementation of its 2013 budget.
The state governor, Mr. Babatunde Fashola gave the figure while briefing newsmen shortly after the opening ceremony of the State’s Executive/ Permanent Secretaries Retreat at Golden Tulip, Festac, Lagos yesterday. He said the

Former Vice President of the World Bank, Oby Ezekwesili, has taken the Minister of Finance, Ngozi Okonjo-Iweala, and the Nigerian National Petroleum Corporation (NNPC) to task over the sloppy manner the government has handled the issue of the ‘missing’ $49.8billion oil money.
The Governor of the Central Bank of Nigeria,