Click here to read or make comments on this topic »
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
Investors' last minute preference for banking stocks last week boosted the weekly cumulative performance of the sector's market index by three percent.
Have you ever imagined yourself asleep behind your steering as you cruised over five poles without knowing when you passed those landmarks on that familiar terrain that you had always followed for a long time?
The Nigerian Society of Engineers (NSE) has called on the Federal Government to scrap Federal Roads Maintenance Agency (FERMA) and replace it with the Federal Roads Authority (FRA) as proposed in the 2009 Budget.
A new child labour report in Makindye Division indicates that over 12,000 children are engaged in illegal economic activity exposing them to child labour.
Federal High Court, Abuja, has fixed January 19, 2010 for judgment in the case of the transfer of 76 oil wells from Cross River State to Akwa Ibom State.
Nigerian Society of Engineers has called for the privatisation of Power Holding Company of Nigeria Ltd and for the opening up of the entire power sector as a viable means of achieving the government's targets in the energy sector.
Stakeholders in the Agricultural sector, comprising small farm holders and agricultural organisations across Nigeria rose from a three-day meeting where they reviewed the 2010 budget and rejected the allocation of N148, 715,672,952 to the agriculture sector as too paltry.
The Delta State Government has reserved five percent of job openings in any recruitment exercise into the state's public service for qualified physically-challenged persons, the State Governor, Dr. Emmanuel Uduaghan has said.
Governor Sullivan Chime of Enugu State yesterday urged the federal government to find ways of diversifying the nation's economy, insisting that the current dependence on oil by all the various tiers of government might spell doom for the country, especially in the ongoing efforts to realise the Millennium Development Goals.
CLERK of the National Assembly has been told to immediately make available to Nigerians and other stake holders in the oil and gas sector, the true copy of the Petroleum Industry Bill before the House.
On October 2, 2009, the Central Bank of Nigeria (CBN), after the audit of 14 banks in collaboration with the Nigerian Deposit Insurance Corporation (NDIC), took over Equitorial Trust Bank (ETB). In the same mode of "corporate abduction", members of the bank's Executive Management were eased out.
Investors wishing to set up new businesses in Kenya will find it easier to obtain sector information if a new drive by the government becomes a success.
Motorists face a fuel shortage in the run up to the Christmas festivities as a standoff between the Energy ministry and Kenya Shell stalls the offloading of imported diesel from a cargo vessel.
The recent announcement of the plan to set up a government run internet exchange point may look well intended on the face but also one that could either be ill-informed or driven by latent rationale if the arguments set forth in the media is anything to go by.
Kenyan traders who export or source goods from Angola may now find it easier to execute transactions by levering on links provided by Standard Bank, which set up its operations in the fast rising economy last week.
Delay by Treasury in disbursing a Sh250 million bailout package to the Pyrethrum Board of Kenya (PBK) is to blame for non-payment of severance dues to former employees, the State corporation's managing director has said.
Chairman of Kaltungo local government area in Gombe state, Mr. Shehu Kanar, would live to remember the eve of last Sallah celebration, which was Wednesday, November 25, 2009. On that day, angry workers of the local government aimed for his life, but for the intervention of the police.
Justice Marcel Awokulehin of the Federal High Court, Asaba, Delta state, has again adjourned ruling on the application brought by the former governor of the state, Chief James Ibori's counsel to quash the case of money laundering instituted by the Economic and Financial Crimes Commission (EFCC) against him and others.
The Managing Director, Goldbanc Management Associates, Mr Olu Abayomi Sanya has warned that economic integration would remain elusive until the African Union (AU) addressed the continent's economic challenges. He made the remark at the ongoing 13th African Securities Exchanges Association (ASEA) conference on Friday in Abuja.
Wheat meal from the stable of Honeywell Flour Mills Plc has formally been launched. Honeywell Wheat Meal is its latest food offering into the consumer food market in Nigeria.
AS part of moves to check conflicting data information in the country, the Federal government has disclosed that any statistical data that has not emanated from the National Bureau of Statistics (NBS) must not be accepted as correct and acceptable data.
Against the backdrop of the global financial meltdown which led to losses incurred by investors in the Nigerian capital market and financial industry generally, TNBT Capital Limited has concluded arrangement to train capital market operators, financial analysts investment bankers and operators in the pension funds with a view to updating their skill on valuation modeling that would provide ...
Shongai Packaging In dustry Limited has announced its plans to expand its production activities through further investment in the production of innovative packaging products.
Investors' agony on the Nigerian Stock Exchange (NSE) was relieved, last week, as the value of listed equities closed the week on a bullish note, appreciating by N37.26 billion.
AFRICA'S ECONOMIC GROWTH and poverty reduction are closely linked with the quality of its infrastructure -- its power, transport systems, water supply and sanitation, and its ICT networks.
Active Discussions: Economy, Business and Finance