NIGERIA has been advised by the World Bank to cash in on its growing tobacco and alcohol markets by generating as much as N600bn ($1.45bn) a year by increasing the excise duties on both products as recommended in a National Development Update report.
Faced with dwindling revenue as a result of the reduction in the purchase...
AFRICAN Development Bank (AfDB) officials have promised that the $430m Enugu to Bamenda highway linking Nigeria and Cameroon by road will be completed later this year opening up the economies of both countries to each other.
Despite being neighbours, transportation links between Nigeria and Cameroon are very poor, inhibiting...
CENTRAL Bank of Nigeria (CBN) officials have offered to come to Gambia's assistance by helping the country print its currency the dalasi as part of cooperative arrangements among members of the Economic Community of West African States (Ecowas).
One of West Africa's smallest countries with a population of just 2.4m, Gambia...
Ayo Akinfe
Nigeria is willing to offer all G7 member states observer status at the Economic Community of West African States (Ecowas). This is to facilitate massive investment in West Africa with an annual minimum target of $500bn
Nigeria is offering free land and five year tax holidays to the big automobile manufacturers like...
NIGERIA'S neighbours within the Economic Community of West African States (Ecowas) are planning to buy up the country's unutilised power that is generated but not distributed due to bottlenecks in the transmission network.
Reeling from the effects of a crisis in its power sector, Nigeria currently generates about 7,000MW of...
FORMER president Chief Olusegun Obasanjo and Muslim cleric Sheikh Ahmed Gumi have recommended the creation of special courts to try bandits and kidnappers promptly following their recent meeting in Abeokuta to discuss insecurity.
With Nigeria teetering on the verge of a total breakdown of law and order, Chief Obasanjo and...
FINANCIAL house Ecobank Nigeria has listed its $300 senior unsecured bond on the London Stock Exchange (LSE) as part of an ambitious move to increase liquidity and attract more international shareholders.
Floated in 1985 by bankers and the governments of the Economic Community of West African States (Ecowas) member states,...
NIGERIA'S main opposition the Peoples Democratic Party (PDP) has dismissed suggestions that the recent visit by leading members of the ruling All Progressives Congress (APC) to President Goodluck Jonathan will result in him defecting as standing as their candidate.
Last month, some APC governors and party leaders visited Dr...
Ayo Akinfe
(1) Nigeria is willing to offer the US observer status at the Economic Community of West African States (Ecowas). This is to facilitate massive US investment in West Africa
(2) Nigeria is offering free land and five year tax holidays to the big three US automobile manufacturers General Motors, Chrysler and Ford. We want...
NIGERIA has entered into negotiations with her north-eastern neighbour Chad about supplying the country with electricity under the terms of a bilateral agreement under the terms of a regional agreement.
Despite the fact that Nigeria suffers from chronic undersupply of electricity, leading to constant blackouts, the country...
