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Mining Sector to Generate Two Million Jobs in Nigeria

Stakeholders in Nigeria's mining sector said they are targeting the creation of about two million direct jobs for Nigerians. Under the Progressive Miners Empowerment Association (PMEA), the miners said if about N200 billion is injected into the sector, it would be revived.

Will Nigeria's New Finance Minister Manage It's Huge Domestic Debt?

There was a lot of hype and expectations when the former Managing Director of the World Bank was included in the President's cabinet with the hope that she would bring in the magic wand she used in negotiating Nigeria out of the debt trap in 2006 to help grow the economy.

Nigerian President Vows to Track Down Islamic Terrorists Who Bombed UN...

Nigeria's President Goodluck Jonathan yesterday vowed to track down perpetrators of Friday's bomb blast at the United Nations building in Abuja, which left at least 23 dead and over 80 others injured.

Nigeria to Implement Tourism Master Plan

Nigeria's Federal Government will implement its tourism development master plan, Minister of Tourism, Culture and National Orientation Duke Edem has said. The minister, who spoke...

Nigeria to Increase Power Generation 50% by 2012

Nigeria's Federal Government has given the assurance of boosting power on the national grid from the current 4000 mega watts (MW) to 6000MW by 2012.

Nigeria’s Woodridge Hotel Entices With Business Tourism

Nigeria's Woodridge Hotel has continued to attract increasing patronage of its conference facilities, a development the hospitality outfit management attributes to the high quality and standard of if its facilities, which many conference and event planners found appealing and attractive.

Nigeria's Power Woes to End by 2015 – President

President Goodluck Jonathan yesterday said his administration remains committed to the attainment of uninterrupted power supply in Nigeria before the end of its tenure in 2015.

History is Made As Nigeria Launches Two Satellites into Orbit

Determined to firm up its drive towards technological advancement, especially in relation to Information Communications Technology (ICT), Nigeria on Wednesday launched two satellites in faraway Russia after several postponements.

Want to Boost your Business Investment in Nigeria?

Despite the challenges of investing in Nigeria, many companies are planning to enter or upgrade their operations in the country. The reasons that make the country attractive now have been reported on widely: huge population, growing economy and a growing number of young middle class professionals with disposable income.

12 Reasons Why Africans Are Poor, Miserable And Pitiable (5Of12)

AFRICANGLOBE - The number five reason why the Africans are poor, miserable and pitiable is because of his love for foreign made goods in general and ostentatious goods in particular even if such goods are no more than expensive toys that will do him no great good. And on the reverse side he has a total disdain for the products of his little creative ingenuity. Because of our mental conditioning by slavery, colonisation, imperialism and expert advertising, we have not only lost faith in our ability to use our creative ingenuity, we have also lost our faith in the little things we manage to produce or manufacture.

"Tourism is Nigeria's Secret to Development" – Runsewe

The Director General of the Nigerian Tourism Development Corporation, Otunba Olusegun Runsewe, has said that tourism holds the key to Nigeria economic diversification as it is a veritable tool for stimulating rapid economic growth and development.

Opec Refuses Quota Increase for Nigeria

Talks by the Organisation of Petroleum Exporting Countries (OPEC) on Wednesday broke down in acrimony leading to a refusal to jerk up oil production quota for Nigeria and other oil exporting nations.

President Goodluck Jonathan Vows to Transform Nigeria

The President while speaking after he was sworn in by the Chief Justice of Nigeria, Justice Aloysius Katsina-Alu, at the Eagle Square, Abuja, listed the task before his administration to include that of transformation of the economy, maintenance of security and a better image for the country.

Setting Agenda – What Jonathan Must Focus On to Move Nigeria’s...

Nigeria's economic potential is well known. The country's considerable resource endowment and coastal location ordinarily should allow the emergence of a strong growth pole for sub-Saharan Africa.