You are here
Home > 2018 > February (Page 2)

$2bn required for Lagos-Kano rail line, says Osinbajo

$2bn required for Lagos-Kano rail line, says Osinbajo

lagos—VICE-President Yemi Osinbajo, yesterday said at least $2billion, about N720 billion would be required to revive the Lagos-Kano Rail Line project, declaring that for Nigeria to achieve meaningful growth in commerce and economic development, Lagos and Kano states must be greatly considered.
The post $2bn required for Lagos-Kano rail line, says Osinbajo appeared first on Vanguard News. …

Kogi, NNPC sign MoU on ethanol plant, refinery

The Kogi State government, yesterday, signed a Memorandum of Understanding, MoU, with the Nigerian National Petroleum Corporation, NNPC, for the setting up of a biofuel plant and refinery in Kogi State.
The post Kogi, NNPC sign MoU on ethanol plant, refinery appeared first on Vanguard News. …

Nigerians are getting poorer, says IMF

Nigerians are getting poorer, says IMF

Akinpelu Dada with agency report nigeria’s people are getting poorer despite the country’s slow recovery from recession and economic reforms are urgently needed, the International Monetary Fund has said. The Fund expects the government to “muddle through” in the medium term, and any progress could also be threatened if elections next year consume political energy […] …

Neymar out for eight weeks

PSG forward Neymar will be out for at least six weeks and will miss Tuesday’s Champions League last-16 second-leg tie against Real Madrid, according to his father, BBC Sport reports. The Brazilian, 26, suffered a fractured metatarsal and sprained ankle in Sunday’s Ligue 1 win over Marseille. PSG coach Unai Emery said Neymar had a […] …

MTN eyes $5.2bn NSE listing in July

MTN eyes $5.2bn NSE listing in July

Stanley Opara with agency report MTN Group plans to list its Nigerian unit worth $5.23bn by July in a debut Initial Public Offer on the Nigeria Stock Exchange and will raise fresh funds to reduce debt, according to pre-IPO presentation seen by Reuters. MTN aims to raise at least $400m from the IPO to pay […] …

Stop dumping refuse on waterways, group warns Lagos residents

Stop dumping refuse on waterways, group warns Lagos residents

 Anna Okon The Association of Tourist Boat Operators and Water Transporters has decried the spate of indiscriminate dumping of refuse on Lagos waterways, saying that it could cause boat accidents. The President of the association, Mr. Ganiyu Tarzan, gave this indication, urging Lagos residents to be watchful and expose those involved in the shameful act. […] …

Manufacturing index hit 56.3 points in February – CBN

Manufacturing index hit 56.3 points in February – CBN

The Central Bank of Nigeria’s manufacturing Purchasing Managers’ Index hit 56.3 index points in February, the CBN’s PMI survey report showed on Wednesday.  The manufacturing PMI had hit 57.3 index points in January. The CBN stated that the 56.3 index points indicated expansion in the manufacturing sector for the 11th consecutive months. The PMI index […] …

Top