The Africa Finance Corporation (AFC) and the Rivers State Government have agreed to construct an 88-kilometre ring road in Port Harcourt at the cost of $700 million.
In Nigeria, it is often difficult to understand how government works and reasons. What ordinarily should be treated with dispatch is given the most lackadaisical treatment.
Contractors working for the Niger Delta Development Commission (NDDC) have been told to ensure that they deliver to specification if they have to retain their contracts with the commission.
Investors in the nation's capital market who had been defrauded by stockbrokers and other players in the sub-sector have received restitution worth N 65 billion through judgments of the Investment and Securities Tribunal (IST).
Oceanic Bank International Plc has continued its profitability run, posting superior financial results with the group's gross earnings hitting N66.47 billion, in the first six months of the financial year ended March 31 2008.
The foremost orthopaedic hospital in Nigeria and West Africa - the National Orthopaedic Hospital, Igbobi will soon wear a new look as stakeholders are set to raise N5 billion needed to take the hospital to its full potentials.
Borno State Governor, Ali Modu Sheriff, has called on the Central Bank of Nigeria (CBN) and commercial banks, to work out plans on how to reduce the high lending rate.
The just concluded Nigerian Bar Association Section on Business Law Conference in Abuja witnessed a number of memorable events including the inauguration of the Corporate Counsel Forum. JUDE IGBANOI caught up with the Company Secretary and Head of Legal Division
Welcome , even though belated, some power industry watchers and operators have opined that the nationwide tour of ongoing electricity projects embarked upon by the House of Representatives Committee on Power tantamount to putting the cart before the horse.
Mousa Gibril Balla Gaye, secretary of state for Finance and Economic Affairs, has explained the improper, inconceivable and unimaginable greedy behaviours the commercial banks displayed and conducted foreign currency transactions during the recent months of the dalasis's appreciation which he
The government last week announced price hikes of some essential commodities which many citizens viewed would lead to an increase in social economic hardships.
The former Head of Pediatrics at the John F. Kennedy Medical Center, Dr. Roseda E. Marshall-Ochillo has observed that the constant use of power generators was a serious threat to human lives in the country.
Chief Executive Officer of CON Dangote Group has said in Freetown that the Africa Finance Corporation (AFC) was ready to invest in power generation through transmission and distribution of up to 100 and 150 megawatts.
Workers from the public and private sectors throughout the country launched a two-day strike on 8 April to protest high living costs and demand salary increases.
Residents of Bumajah and Bongema villages in the Sandor chiefdom, Kono district have engaged in a serious confrontation over a piece of land bordering the two villages.
President Ernest Koroma Thursday said he has extended an olive branch to many former opponents including a delegation from the Kailahun Court Barry, which he assisted in promoting its activities.
Government has finally resolved to take garbage collection from the hands of the Freetown City Council (FCC) and called for its privatization, Chief Administrator of the council said on Wednesday.
Councilor of York ward in the Tombo community around the Freetown peninsular road has brought new project of jetty, community center, mini stadium, and cold room to boost development.