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Rice imports gulp $4bn annually from Nigeria’s economy

    Rice imports gulp $4bn annually from Nigeria’s economy

Dr Sarah Alade, acting governor of the Central Bank of Nigeria (CBN), has revealed that Nigeria spends an average of $4bn annually on importing rice. Speaking at a conference on ‘Africa Rising’

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Made-in-Nigeria car for export ‘soon’

    Made-in-Nigeria car for export ‘soon’

President Goodluck Jonathan says the vision of his administration to revamp the capability of Nigeria’s automobile sector to export locally manufactured cars “is near realisation”. Jonathan stated this on Thursday

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Jonathan: ‘It is the private sector that creates jobs’

    Jonathan: ‘It is the private sector that creates jobs’

President Goodluck Jonathan has encouraged youths to consider establishing small-scale businesses instead of seeking white collar jobs, as government alone cannot provide jobs for all of them. Fielding questions in Abuja as

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Car dealers appeal for suspension of new import tariff

    Car dealers appeal for suspension of new import tariff

Chairman of Abuja Car Dealers Association, Mr Auwal Rilwan, has appealed to the federal government to suspend the new vehicle

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FG plans ‘longest gas pipeline’ ─ from Calabar to Kano

    FG plans ‘longest gas pipeline’ ─ from Calabar to Kano

Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, said the Federal Government was planning to construct the longest gas supply pipeline

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Nigeria’s pension assets hit N4tr – and counting

    Nigeria’s pension assets hit N4tr – and counting

The National Pension Commission (PENCOM) said on Tuesday that pension assets are now in excess of N4tr ─ compared to liabilities

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Nigeria’s consumer class growing, says McKinsey

    Nigeria’s consumer class growing, says McKinsey

Nigeria’s consumer market is worth more than $400bn, the McKinsey Global Institute (MGI) announced in its report released on Tuesday

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No jobs? NBS says 700,000 jobs created in three quarters of 2013

    No jobs? NBS says 700,000 jobs created in three quarters of 2013

The Statistician-General of the Federation, Dr Yemi Kale, has disclosed that more than 700,000 jobs were created in three quarters

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Aviation ministry needs special fund ‘to clear debts’

    Aviation ministry needs special fund ‘to clear debts’

The supervising minister of aviation, Dr Samuel Ortom, on Monday, said the ministry planned to appeal to the federal government

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