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Nigeria’s GDP on steady rise in spite of insurgency – Perm Sec

Abuja – Amb. Martin Uhomoibhi, outgoing Permanent Secretary in the Ministry of Foreign Affairs, said on Thursday that Nigeria’s economic growth rate had been steady despite the insurgency in some parts of the country. Uhomoibhi said this in an interview on the sideline of an event organised in his honour by the African Diplomatic Corps … Continue reading

2015 Presidential Election: Jonathan Picks Form, Pledges to Redouble Efforts

Commends PDP Governors’ Forum, TAN, students, market women for donating towards purchase of presidential form PDP offers performing governors seeking second term right of first refusal   The National Organsing Secretary of the ruling Peoples Democratic Party (PDP), Alhaji Abubakar Mustapha, at exactly 2.20pm handed over the Presidential Nomination and Expression of Interest Forms to … Continue reading

Nigeria’s Gas Flaring Slumps As Investment In Domestic Gas Hits $18 Billion

The benefits of the over $18 billion investment in Nigeria’s gas sector in the last six years are beginning to manifest in the significant reduction of gas flaring, while improvement in power supply is expected to follow shortly stakeholders say. The bulk of this investment went into infrastructural development which will add value to the … Continue reading

Nigeria Up In Global Doing Business Ranking

Africa’s largest economy, Nigeria, made further improvement in the World Bank ease of doing business global ranking which has seen the country move up five places in the last one year. The World Bank analysis showed it is getting better to do business in emerging markets, as Nigeria jumped to 170 out of a total … Continue reading

2015: Jonathan gets N98m donations for nomination form

President Goodluck Jonathan has received a total donations and pledges of N98.165 million from some Nigerians and communities towards assisting him purchase the Peoples Democratic Party (PDP) Presidential nomination form which costs N22 million. This was disclosed by the Special Adviser on Media and Publicity to the President, Dr. Reuben Abati, while briefing State House … Continue reading

First Kia Rio Made-in-Nigeria for only 1.98M

KIA motors Nigeria unveiled its Made-in-Nigeria vehicles at the ongoing Abuja International Auto Fair at the Eagle Square in Abuja in a grand style, delivering to its brand slogan of “The Power to Surprise”. Fulfilling the promise made to the Nigerian enthusiasts and patrons that Made-in-Nigeria KIA will be available before the end of the … Continue reading

NSE Admitted As A Full Member In The World Federation Of Exchanges (WFE)

The Nigerian Stock Exchange (NSE) announced today that it received a unanimous vote for admission as a full member in the World Federation of Exchanges (WFE), the global trade association for the operators of regulated securities exchanges. Elected as a federation member during the 54th general assembly and annual meeting of the WFE Seoul South … Continue reading

Nigeria’s Auto Policy Gaining Traction

Nigeria’s auto policy which is aimed at the domestic provision of vehicles and increased private sector participation in establishing the auto industry is making some headway. Based on industry reports, in H1 2014 the importation of new vehicles declined by 20%, this was mainly due to the hike in import duties on new vehicles to … Continue reading

FG completes 37 dams, 149 others undergoing construction

The Minister of Water Resources, Mrs. Sarah Ochekpe, on Tuesday said that 37 dams being constructed by the Federal Government for irrigation and other needs had been completed, while 10 others had been rehabilitated 149 are currently undergoing construction in different parts of the country. The Minister disclosed this during the 2014 Ministerial Platform on … Continue reading

DISCRIMINATORY ACTIONS AGAINST NIGERIANS OVER EBOLA MUST STOP – PRESIDENT JONATHAN

President Goodluck Ebele Jonathan said Monday in Abuja that he expects and hopes that Nigerians will no longer suffer discriminatory checks and stigmatization abroad now that the World Health Organisation has certified that the country is Ebola-free. Speaking at an audience with the Foreign Ministers of Germany and France who called on him at the … Continue reading

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