Nigeria received a record $21 billion remittance from its migrants abroad just in 2012, placing the country as one of the top recipients of officially recorded remittance for last year.
According to the World Bank, the developing countries...Africa
World Bank’s chief economist for Africa, Shanta Devarajan, at the weekend said one of the biggest problems facing Nigeria is poor governance.
Devarajan said this has caused many of the nation’s successive governments to be unable to transfer huge oil wealth to the benefit of the poor.
He said poor governance in Nigeria...Company
Total Exploration and Production (E&P) Upstream Limited has expressed delight over growth in relationship with the Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA).
Total has been a major partner to the Port Harcourt chambers, striving to forge ties that have boosted local participation in the oil...Economy
The Imo government said weekend that it has concluded plans to review the Owerri Master Plan to ensure the capital city wears a new look and to check further abuses of the master plan.
The commissioner for land, survey, housing and urban development, Uche Nwosu, said this when members of the Nigeria Institute of Town Planners, Imo...Company
The internally generated revenue (IGR) of Bayelsa State has improved to over N1 billion monthly, Governor Seriake Dickson declared during his monthly transparency briefing.
Dickson explained that it was a huge improvement on the about N100 million that the state was doing when he came into office a year ago, saying it was due to...