Economy

Introduction of electric cars into Nigeria’s markets ‘ll boost revenue drive- Investor Dr Oluleye Adigun, a US-based Nigerian, says he will soon introduce electric and solar-powered cars into the Nigeria and Africa markets to boost revenue…

Buhari, Osinbajo urge banks to invest in housing, rural electrification President Muhammadu Buhari and Vice President Yemi Osinbajo have urged the financial sector to invest more in housing and rural electricity projects for the benefit…

FG restates commitment to boost economy through sustainable transport infrastructure The Federal Government has restated its commitment to provide sustainable transportation infrastructure to boost economic development. “Transportation…

CBN appoints Elizabeth Omolara, Amina Habib, Benjamin Nnadi, others as new directors The Central Bank of Nigeria (CBN) has appointed eight new departmental directors, including Osita Nwanisobi as Director, Corporate Communications…

Anambra officially joins league of oil-producing states By Eloyi Matthew Anambra State has officially joined the league of oil-producing states in Nigeria, following an approval granted by the Revenue Mobilisation Allocation and…

GDP growth testament to Nigeria’s economic resilience — Economist Domestic Product (GDP) in quarter two of 2021 (Q2, 2021), as a testament to the nation’s economic resilience and capacity in the face of setbacks. Ohimor said…

Nigeria to partner with China on mineral deposits By Eloyi Matthew The Federal Government of Nigeria has disclosed that it will work together with China Railway Investment Group Limited (CRIG) to harness the refined mineral deposits…

Unremitted Revenue: NEITI seeks help to recover $20 billion By Eloyi Matthew The Nigeria Extractive Industries Transparency Initiative (NEITI) says it has traced over $20 billion in unremitted revenue to companies…

Nigeria makes history as first gold is poured at Segilola By Eloyi Matthew TSX-listed Thor Explorations has poured its first gold at its Segilola Gold Mine located in Osun State, Nigeria. The pour took place on Friday, July 30, 2021.…

Exposed: “Agberos are making N123 billion each year in Lagos – report A report by the International Center for Investigative Reporting (ICIR) has revealed that Motor Park louts and brigands (popularly referred to as Agberos) in…