• Nigeria

    Adeosun confirms N350bn release for capital projects

    Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, on Monday confirmed the release of the sum of N350bn to Ministries, Departments and Agencies of the Federal Government for the implementation of capital projects contained in the 2017 budget. She confirmed the development exclusively to our correspondent during a ...

  • Nigeria

    DMO sets borrowing limit for FG at $22bn

    Everest Amaefule, Abuja The Federal Government can borrow up to but not more than $22bn in the 2017 fiscal year, the Debt Management Office has said. The DMO, in its ‘Determination of Borrowing Limit for 2017’ report, stated that the Federal Government could borrow up to 5.89 per cent of ...

  • Nigeria

    FG revokes Lagos trade fair complex concession

    Eniola Akinkuotu, Abuja The National Council on Privatisation, which is chaired by Vice President Yemi Osinbajo, has approved the immediate revocation of the concession of the Lagos International Trade Fair Complex. The trade fair complex was in 2008 given to Aulic Nigeria Limited as a concession, a move that had ...

  • Nigeria

    CBN, IFAD to assist farmers, artisans in Oyo

    Olufemi Atoyebi, Ibadan The Federal Government through the Central Bank of Nigeria and the International Fund for Agricultural Development are in partnership to provide support for smallholder farmers and business women in the rural communities. The funding is being done through the Rural Finance Institution-Building programme. The Oyo State Microfinance ...

  • Nigeria

    Concessionaire loses Lagos Trade Fair complex

    The National Council on Privatisation (NCP) has approved the immediate revocation of the concession of the Lagos Trade Fair Complex and  a fresh privatisation of the Yola Electricity Distribution Company. It also approved the privatisation of Afam Power plants 1-5 to inject additional power into the national grid and improve ...

  • Turchia

    Why Merkel’s EU threat rings hollow for Turkey

    President Recep Tayyip Erdoğan has put his stamp on the German federal elections and drawn Berlin into a fight it never wanted to be a part of. With 3 million expatriate Turks in Germany, most of them avid Erdoğan supporters, and German investments in Turkey worth billions of euros, it ...

  • Turchia

    Muğla, Antalya beaches the best in Turkey

    Antalya and Muğla are home to Turkey’s best beaches, which offer a holiday opportunity for every taste. They are visited by thousands of local and foreign tourist every year

  • Cina

    The data revolution can revive the planned economy

    Some, notably in China, think oceans of information will refloat centralised systems

  • USA Argentina

    Mexico breaks world record with 3-tonne guacamole

    The recipe for a record-breaking guacamole? 25,000 avocados and 1,000 people to mash them. That is what avocado growers in Mexico's Jalisco state mobilied on Sunday to break the world record for the biggest guacamole, a whopping 3 tonnes of delicious dip made from "green gold." The mass mash-up was part ...

  • Turchia

    Germany's Merkel insists no place for Turkey in the EU

    Germany sought to cool tempers over Turkey's EU accession prospects today after Chancellor Angela Merkel and her Social Democrat (SPD) rival both said in a TV debate the country had no place in Europe, drawing charges of populism from Ankara. The Turkish Foreign Ministry, while making no direct threat to back ...