The convoluted administrative hurdles on the path to securing license for operating a localized power distribution system independent of the national grid is stifling the plan by some states to generate and distribute electricity to their people.

A man whom US prosecutors say received bomb-making training in Somalia from the Islamist militant group Al Shabaab has been brought to New York to face charges, the US Attorney’s office said yesterday.

ABUJA—GOVERNOR, Central Bank of Nigeria , CBN, Mallam Sanusi Lamido Sanusi disclosed yesterday that the total projected demand for agri-business financing required in Africa from now till 2050 stands at $620.4 billion, just as the annual demand is put at $6.5 billion.

Federal Government has said it will adopt the blueprint of Lagos State Development Plan as part of its strategies to make Nigeria one of the top 20 world economies by 2020.

Nigerian National Petroleum Corporation (NNPC) has blamed the frequent domestic petroleum products scarcity on a number of factors including inacurate forecasting on national consumption level, non-supply of crude oil to refineries and the role of multiple players in the downstream sector.

The Federal Government at the weekend said the review of certain aspects of its agreement with Messrs Bi-Courtney Nigeria Limited for the rehabilitation of the Lagos-Ibadan Expressway was responsible for the delay in the execution of the project.