Business

The NNPC hopes to build independent power plants at various locations in the country.

Another senior official will quit by month's end.

"There is need for deliberate policies to ensure stability and engender growth in the economy.”

The new policy imposes charges of between 1.5 and 7.5 per cent on cash deposits and withdrawals above a certain...

The illegal activity, he said, had denied the country enormous amount of revenue.

"We believe that this index gives a bird eye’s picture of national inflationary trends," the report stated.

South Africa’s exports to Nigeria slightly declined to about N153.7 billion in 2016.

Market turnover closed positive as volume moved up by 20.18 per cent

"We are going into analysis and we would soon roll it out," Ms. Awe said.

The Nigerian currency gained two points to exchange at N455 to a dollar, from N457 it posted on Wednesday.

Increased domiciliation of future FPSO projects through the fabrication of more modules, he said, would create additional jobs.

States with the lowest average price, the report said, were Osun, Oyo and Ondo.

The vice president says the bond is needed to fund 2016 budget deficit.

The two agencies disputed a directive to life insurance companies.

NCC unveils Ali Nuhu and Helen Paul as "Face of the Nigerian Telecom Consumer".

Dangote is currently building Africa’s largest refinery in the Lekki Free Trade Zone of Lagos State.

“Mr. Jide Omokore is not a front, neither is he an ally of the former Minister of Petroleum Resources, Diezani...

“As you can see, all the pent-up demand for invisibles have been met to the extent that banks are urging...

The NNPC also said it did not commit $2 million on vehicles maintenance.

At the interbank window, the Naira closed at N306.25 to a dollar.

The February rate fell slightly lower than January rate.

The agency also cautioned against amending the NLNG law.

CBN has so far injected $1.34 billion into the market.

Autonomy, Mr. Fowler said, is the key to professionalism and generation of more revenue.

A large number of government salary accounts were moved from commercial to microfinance banks, which do not require BVN.