I am pleased to hear of your progress in Nigeria, Buhari tells MTN

The Federal Government has reiterated its commitment to providing an enabling environment for businesses to succeed, as partnerships between the Public and Private Sectors remain the most viable me...

I will make Kogi Nigeria's most secure commercial hub, says Bello

Kogi Governor, Yahaya Bello was on Monday inaugurated for a second term in Office with a pledge to develop the state into Nigeria’s foremost and most secure emerging commercial hub.

CBN not contemplating devaluation of the Naira, says Emefiele

The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, said the bank is not contemplating devaluation of currency following the drop in the country’s Foreign Reserves.

Emef...

Assent of Finance Bill: It is inappropriate to compel loss - making firms to pay tax, says LCCI Boss

The Lagos Chamber of Commerce and Industry(LCCI), has commended the Federal Government on some of the expected positive impacts of the Finance Bill signed into law by President Muhammadu Buhari.

No increase in electricity tariff without consultations, says NERC Chairman

The Nigerian Electricity Regulatory Commission (NERC), said there will be no increase in electricity tariff without consultations.

James Momoh, the Chairman of NERC said this at a news co...

NERC okays hike in electricity tariff for IKEDC, others from January 1

The Nigerian Electricity Regulatory Commission (NERC), has approved increase in electricity tariff by the 11 Electricity Dstribution Companies (DisCos) in the country.

The directive of th...

Nigeria's economy under Buhari solid, says Minister

The Minister of Information and Culture, Lai Mohammed said President Muhammadu Buhari has taken Nigerians closer to the Next Level target in the outgoing year 2019.

The Minister stated th...

LCCI projects high cost of doing business in 2020

The Lagos Chamber of Commerce and Industry (LCCI), has projected a high cost of doing business in 2020.

Its Director-General, Muda Yusuf, made the projection in the LCCI 2019 Economic Rev...

A merry and mobile season with the new Ecobank Mobile App

Christmas is typically a fun-filled season for everyone; for parents it’s a time to spend time with their children, for friends it’s a time to enjoy the company of one another and for k...

Enjoy pleasurable banking at Ecobank with *326# this holiday

Make your Christmas holiday a pleasure by banking at your fingertips, right on your mobile with *326#. It doesn’t matter what kind of phone you have; you can avoid crowded banking halls and b...

We have completed 234 public transactions - BPE

The Bureau of Public Enterprises (BPE) said it has completed 234 public transactions through privatisation, commercialisation and concessions since its inception.

The Director General of ...

Buhari arrives Saudi Arabia for Future Investment Initiative Summit

President Muhammadu Buhari on Monday arrived Riyadh, Saudi Arabia, ahead of the third edition of the Future Investment Initiative (FII) Summit slated for between October 29 and October 31.

Buhari joins world leaders, others at opening of FII in Saudi Arabia

President Muhammadu Buhari on Tuesday joined other world leaders, business moguls and investors at opening of the third editions of the Future investment initiatives in Riyadh, Saudi Arabia.

Nigeria can no longer sustain over $30 crude oil production cost, says Minister

The Minister of State for Petroleum Resources, Timipre Slyva, said that the over 30 dollar crude production cost  in Nigeria is unsustainable and must be reduced to drive growth and developmen...

Minister signs MoU in Russia to modernise Nigeria Railway system

The Minister of Transportation, Rotimi Amaechi has signed a Memorandum of Understanding (MoU) with two Russian firms for the modernisation and development of railway infrastructure.

The M...

Buhari, Putin agree to fast-track Nigeria-Russia relations

President Muhammadu Buhari and Russian President, Vladimir Putin on Wednesday in Sochi, Russia, agreed to put Nigeria-Russia relations on a fast track, and pursue the completion of all abandoned pr...

Nigeria's oil resources depleting, demand in world market dropping - Minister

The Minister of State for Petroleum Resources, Timipre Sylva, said there is need to continue to plan for the Nation’s economy beyond oil.

Sylva made the assertion on Monday at the I...

Border closure: No pain, no gain, you'll need to suffer more, Minister tells Nigerians

The Minister of Information and Culture, Lai Mohammed said ” there is no gain without pain”, Nigerians must endure the temporary effects of the border closure to reap the attendants ben...

Gowon seeks focus on manufacturing to drive export in Nigeria

Former Head of State, Yakubu Gowon has called for a focus on industrialisation to drive export in Nigeria.

He made this known during the launch of a book titled “Export Promotion in...

Government spendings: Buhari okays more cost saving measures

In a bid to curb leakages and ensure efficiency in the management of resources of government, President Muhammadu Buhari, has approved additional cost saving measures for immediate implementation.<...

Nigeria's borders would not be reopened until neighbours respect signed agreements - FG

The Federal Government said on Thursday that the closure of the country’s land borders was to compel its neighbours to comply with the terms of trade agreements it signed with them.

Mining: FG warns states over evasion of royalty payment

The Minister of Mines and Steel Development, Olamilekan Adegbite said the Federal Government will no longer tolerate evasion of royalty payment by states.

He made this known on Tuesday in...

Economy: Closure of Nigerian land borders yielding good results, says Buhari

President Muhammadu Buhari says the closure of Nigerian land borders for a limited period due to massive smuggling is already yielding positive result for the economy.

The President state...

Cashless Policy: Ilorin traders, residents groan, say it is nothing but extortion by CBN

Residents of Ilorin, capital of Kwara have expressed concern over the charges on deposits by the Central Bank of Nigeria.

Some of them who spoke with the News Agency of Nigeria (NAN) in I...