The National Bureau of Statistics on Tuesday said that the Nigerian economy attracted $40.503bn (N6.48tn) worth of investments within a period of 26 months. The agency stated this in its report signed by the Statistician-General of the Federation, Dr. Yemi Kale, which covered January 2012 to February 2014. The report […]

Nigeria’s drive to overcome a mismatch between demand for electricity and generating capacity is prompting the nation’s lenders to sell dollar bonds to finance power projects. The government of President Goodluck Jonathan, which sold 15 state-owned power generation and distribution companies last year, is spending $3.5 billion to boost transmission […]

UK economic growth accelerated in the first quarter, according to an advanced reading by the government, but the pace of expansion was slightly slower than experts predicted. The UK economy is showing more signs of stability into this year, thanks to the Bank of England’s ultra-loose monetary policy, which continues […]