Indonesia’s Pelni to buy six secondhand containerships for $37m

By Jite Eriabie  Indonesian state-owned line Pelni will spend IDR500bn ($37m) on purchasing six secondhand feeder…

VAIDS: Tax havens no longer offer protection- Adeosun

The Minister of Finance, Kemi Adeosun, has called on Nigerians to review any existing tax planning schemes, including…

Saraki calls for increased non-oil revenue generation in 2018

The President of the Senate, Dr Bukola Saraki, has stressed the need for government to increase…

Osinbajo decries long budgetary processes, says won’t turnaround economy

Vice President Professor Yemi Osinbajo says spending nine months on different budget-related processes before projects are…

Buhari says 2018 budget is budget of consolidation, proposes N8.6trn

  President Muhammadu Buhari has proposed N8.6trn for the 2018 financial year. The President disclosed this at the…

Water Transportation: Lagos begins channelisation of ferry routes

The Lagos State Government on Tuesday said it has embarked on the channelisation of 30 routes on…

Cars to drive oil demand growth- OPEC

The outlook looks bright for oil-producing nations and carmakers, OPEC said Tuesday, as the cartel expects…

Nigeria cannot afford to return to Niger Delta insecurity, says Buhari

President Muhammadu Buhari has said the country “cannot afford to go back to dark days of…

Buhari: Nigeria saves N24.7bn monthly from BVN, TSA

President Muhammadu Buhari on Tuesday said the Federal Government enforcement of Bank Verification Number (BVN) has saved the…

World Bank cuts Tanzania’s 2017 growth forecast to 6.6 pct

The World Bank has cut Tanzania’s economic growth forecast for this year to 6.6 percent from…

Air force destroys oil barges at Adokiakiri in Niger Delta

The Nigerian Air Force (NAF) says it has destroyed some oil barges, containing stolen oil products, at…