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The Federal Government needs to be decisive in dealing with the insecurity problem currently portraying the nation in bad light in order to attract foreign investors into the country and promote economic and industrial development, writes FLORENC...
The Governor of the Central Bank of Nigeria(CBN), Mr. Sanusi Lamido Sanusi, has decried the huge infrastructure need of the country stressing that it was still a major challenge to the financial sector.
According to a statement from the apex bank yeste...
The Petroleum Industry Bill (PIB) has been said to be central to deepwater offshore exploration and production activity in Nigeria.
This was stated by the Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Chike Onyejekwe, ...
Performance indicators of equities at the Nigerian Stock Exchange(NSE) inched up yesterday by 0.14 per cent as investors were still trading with caution to minimise loss and maximise returns.
The market capitalisation added N9.23 billion, while the All...
The House yesterday summoned the immediate past executive secretary of the Petroleum Product Pricing and Regulatory Agency, Engr. Goody Egbuji, to appear today to answer to massive allegation of fraud in the agency while he was in charge.
The Reps Ad-h...
The food and beverage sub- sector of the Nigerian economy is thriving with about 14 compan...
The All Progressives Grand Alliance (APGA) on Tuesday expressed support for the March 2 date slated for the burial of Chief Chukwuemeka Odumegwu-Ojukwu.
Chief Ifeanacho Oguejiofor, the party’s National Director of Publicity, said in Abuja on Tues...
The Etche Co-operative Farmers Union in Rivers State, has urged the government to reactivate the Agricultural Development Programme (ADP), to assist farmers at the grassroots.
Mr. Godwin Akandu, the President of the union, made the call on ...
A UK-based Nigerian telecom provider, Afrimobile Limited, said on Tuesday that it was targeting nearly 45 million subscribers from members of the ethnic communities including Nigerians resident in the UK.
Afrimobile is a new virtual network operator wh...
Two men, who allegedly stole petroleum product worth N 2.1 million, were on Tuesday charged before an Igbosere Magistrates’ Court, Lagos.
Facing a two-count charge of conspiracy and stealing, the duo -- Christopher Nnanna, 42; and Timber Chuba, 5...
Nigeria Engineering Works (NEW), makers of Newclime products, says it has commenced the process of setting up an assembly plant to assemble and manufacture its products in the state.Briefing journalists on Tuesday in Enugu after a closed-door meeting w...
A Federal High Court in Lagos on Tuesday struck out an application filed by the EFCC to transfer the case against former governor of Enugu State, Chimaroke Nnamani, to another judge.
The EFCC had in a letter dated June 27, 2011, said that the commissio...
The Inspector General of the Nigerian Police Force Hafiz Ringim, on Tuesday morning, handed his resignation letter to President Goodluck Jonathan.
An inside source told LEADERSHIP that Ringim had made several attempts to hand in his resignation on Mond...
Mr Abdullahi Yayaha, Chairman of the FCT chapter of the Nigeria Labour Congress (NLC) has commended the FCT Police Command for the it handled the just suspended protest against subsidy removal.
Yahaya gave the commendation on Tuesday when he led a dele...
Alhaji Umar Jibril, the Chairman, House Committee on Information and National Orientation, has advised the National Broadcasting Commission (NBC) to ensure harmony in the allocation of frequencies to avoid conflict.
Jibril gave the advice on Tuesday in...