Business

318 Houses In Lagos To Pave Way For N320bn 8-Kilometre 4th Mainland Bridge

318 Houses In Lagos To Pave Way For N320bn 8-Kilometre 4th Mainland Bridge

Business January 29, 2014 at 9:27 am 0 comments

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

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South African Investors Plan Ethanol Refinery In Edo

South African Investors Plan Ethanol Refinery In Edo

Business January 28, 2014 at 7:08 pm 0 comments

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

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Naira Appreciates Against Dollar At Official Market, BDCs

Business January 25, 2014 at 10:31 am 0 comments

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)

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African Must Accord Priority To Inclusive Economic Growth – Jonathan

African Must Accord Priority To Inclusive Economic Growth – Jonathan

Business January 23, 2014 at 12:33 pm 0 comments

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

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Lagos Records 125 Percent Budget Performance In 2013 –Fashola

Lagos Records 125 Percent Budget Performance In 2013 –Fashola

Business January 18, 2014 at 9:15 am 0 comments

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

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Oby Ezekwesili

Okonjo-Iweala Should Account For ‘Missing’ U.S.$10.8 Billion Oil Money – Oby Ezekwesili

Business January 17, 2014 at 8:29 pm 0 comments

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,

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