At last, the Nigerian Senate on Thursday passed the long awaited but delayed Petroleum Industry Governance Bill. The PIGB is the first part of the Petroleum Industry Bill, which the National Assembly has failed…
Read More ( Updated) Senate pass PIB bill after 14 years delay
The senate on Wednesday called for a review of the process that lead to the privatisation of the of the power sector because according to them the exercise has collapsed. The senators…
Read More Power sector privatisation has failed – Senate
The Federal Government on Wednesday announced that General Electric, a global conglomerate, had emerged the preferred bidder for the narrow gauge railway concession in Nigeria. It handed over the letter…
Read More GE wins $2.2bn narrow gauge rail concession
The Nigeria bureau of statistics Wednesday delivered grim news on the Nigerian Economy, dashing the hope of many Nigerians ravaged by a rampant recession in the last two years. Wednesday’s…
Read More Bad news for Nigeria economy as FDI drops to $908m –NBSFormer Minister of Finance, Mrs Ngozi Okonjo-Iweala, has said that growth and development cannot be achieved when a country has distortions in its foreign exchange rates. Speaking at the launch…
Read More You can’t achieve growth with forex distortions, Okonjo-Iweala warns