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After two years on the market, investors ‘showing keen interest’ in Arik

    After two years on the market, investors ‘showing keen interest’ in Arik

Oluseye Opasanya (SAN), the receiver-manager of Arik Air, says local and foreign investors are showing a keen interest in the airline. Arik Air, which was overtaken by the Asset Management Corporation

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BudgIT, 96 Nigerian companies make LSE ‘Companies to Inspire Africa’ list

    BudgIT, 96 Nigerian companies make LSE ‘Companies to Inspire Africa’ list

BudgIT, a civil society organisation, was among the Companies to Inspire Africa list announced by the London Stock Exchange on Wednesday. The report considered 360 companies from 32 countries with

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Otedola to acquire Forte Oil upstream — after selling downstream arm

    Otedola to acquire Forte Oil upstream — after selling downstream arm

Femi Otedola, chairman of Forte Oil Plc, has expressed interest in buying assets in the company’s upstream and power generating businesses. The decision was made known in a notice sent

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Inflation hits seven-month high at 11.44%

    Inflation hits seven-month high at 11.44%

The consumer price index, (CPI) which measures inflation, increased by 11.44% (year-on-year) in December 2018; a 0.16% increase from the 11.28% recorded in November. According to the December 2018 CPI/Inflation

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FG has made many millionaires from agriculture, says minister

    FG has made many millionaires from agriculture, says minister

Heineken Lokpobiri, minister of state for agriculture, says with the support of International Fund for Agricultural Development (IFAD), the federal

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CBN: 36.6m Nigerians have no access to financial services

    CBN: 36.6m Nigerians have no access to financial services

The Central Bank of Nigeria says it has received information that 36.6 million Nigerians have no access to financial services.

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FG: Why Ajaokuta steel company is not yet functioning

    FG: Why Ajaokuta steel company is not yet functioning

Abubakar Bwari, the minister of state, mines and steel development, says the Ajaokuta Steel Company is not yet functioning because

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Banks ‘will not charge’ interest on oil marketers’ 18-month subsidy debt

    Banks ‘will not charge’ interest on oil marketers’ 18-month subsidy debt

Deposit money banks in the country will not receive interest on loans linked to petrol subsidy taken by oil marketers

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Udoma: Rewane committee will look for additional revenue to pay minimum wage

    Udoma: Rewane committee will look for additional revenue to pay minimum wage

Udoma Udo Udoma, minister for budget and national planning, says the technical committee led by Bismarck Rewane will identify ways

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‘We can’t divert $600m that doesn’t exist’ — Fashola speaks on Mambilla power project

    ‘We can’t divert $600m that doesn’t exist’ — Fashola speaks on Mambilla power project

Babatunde Fashola, minister of power, works and housing, says the reports that the Mambilla power project has been stalled, due

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