Business

FG projects 500% income growth from 22 airports

FG projects 500% income growth from 22 airports
May 21, 2013 No Comments »

The Federal Government hopes to raise the level of its current revenue from the nation's airports by about 500 per cent on completion of the on-going rehabilitation, expansion and remodelling projects of 22 airports across the country Read More »

Foreign investors move $2.7bn out of Nigeria – CBN

Foreign investors move $2.7bn out of Nigeria – CBN
May 21, 2013 No Comments »

In a bid to shield their investments from the brewing political crisis, foreign investors have repatriated some $2.74 billion out of Nigeria from January to March, this year Read More »

Network operators lose 5m subscribers to porting

Network operators lose 5m subscribers to porting
May 20, 2013 1 Comment »

No fewer than five million subscribers of the four Global System for Mobile communication (GSM) in the country have ported from one network to the other. Prior to the Mobile Number Portability (MNP) launch, MTN Nigeria had the largest market ... Read More »

I work as if it’s my last day in office –Opara, NCPC boss

I work as if it’s my last day in office –Opara, NCPC boss
May 19, 2013 No Comments »

Executive Secretary of the Nigerian Christian Pilgrims Commission (NCPC), Mr. John Kennedy Opara, reflects on his activities at the commission in this exclusive interview with Sunday Sun Read More »

Excess crude account hits $5bn – Minister

Excess crude account hits $5bn – Minister
May 17, 2013 No Comments »

Minister of State for Finance, Yerima Ngama, has put the balance of the excess crude account at $5.27 billion after the sum of N89.738 billion was transferred into it in April, this year Read More »

Nigeria’s economy grows by 6.56% in Q1

Nigeria’s economy grows by 6.56% in Q1
May 17, 2013 No Comments »

National Bureau of Statistics (NBS) has reported a 6.56 per cent real Gross Domestic Product (GDP) growth rate for the first quarter of 2013, as the oil sector recorded production decline during the same period Read More »

FG expresses concern over $6.57bn external, N6.5trn domestic debts

FG expresses concern over $6.57bn external, N6.5trn domestic debts
May 17, 2013 1 Comment »

As Nigeria's current external debt profile hits $6.57 billion with the domestic debt rising to N6.5 trillion, Federal Government has dramatically introduced a new structure known as Medium Term Debt Management Strategy (MTDs) (2012–2015) through which it hopes to achieve ... Read More »

120m Nigerians live below N300 per day, says NAPEP

120m Nigerians live below N300 per day, says NAPEP
May 16, 2013 2 Comments »

National Co-ordinator of National Poverty Eradication Programme (NAPEP), Alhaji Mukhtar Tafawa Balewa, yesterday, disclosed that about 120 million Nigerians live below N300 per day. Addressing members of Centre for Creative and Leadership Development, who paid him a visit in Abuja, ... Read More »

We should believe in the capabilities of our local firms – Akindele

We should believe in the capabilities of our local firms – Akindele
May 16, 2013 No Comments »

Group Managing Director and Chief Executive Officer of Courtville Business Solutions Plc., Mr. Adebola Akindele, is one of the very few Nigerians that believes in the country, and also believes strongly that he can actualize his dream, without partnering any ... Read More »

Waterways security: More pirate attacks feared as navy dumps MoU with NIMASA

Waterways security: More pirate attacks feared as navy dumps MoU with NIMASA
May 16, 2013 1 Comment »

... Alleges undue harassment of ships’ crew Read More »