Nigeria's $1 billion sovereign-wealth fund is set to start operating in the next few months, said the country's Finance minister, Dr. Ngozi Okonjo-Iweala, in what would mark a crucial step to help the government finance the revamping of its ramshackle roads and power grids.

Activities are in high gear for the Cash-less Lagos Fair being organized by BusinessWorld Newspaper in close collaboration with the Central Bank of Nigeria (CBN).The CBN-driven Cash-less Policy which has been the talk of the country in the last several months is aimed at reducing the level of cash transactions in the economy and encouraging the migration towards alternative electronic payment methods.

Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture ( Naccima), has called on commercial banks in the country to relax their stringent conditions for collaterals from private sector applicants for their facilities to enhance the growth of businesses.

Fitch, an international rating agency has said that the fact that corruption in Nigeria's oil subsidy programme has been officially uncovered is encouraging, both politically and economically, as  it has the potential to increase reform in the oil and gas sector.

Mr. Yemi Dada, CEO, IRS Airlines; Alhaji Isyaku Rabiu, chairman and Captain Miguael Dacadrsous, chief pilot at a recent briefing on the company's 10th year anniversary at MM2, Ikeja, Lagos.

An epic battle between the federal government of Nigeria and all the telecom operators in the country is imminent if the government fails to improve on the supply of electricity in the country in the next 20 months.

The first major survey on Nigeria’s employment market and its salary structure has revealed that majority of Nigerians are not happily employed and are in desperate need to change their jobs. In fact, more male professionals appear to be “happily employed” and still could be tempted to change jobs than their female professionals, while more females than males are dissatisfied with their current jobs.

Nigerian workers have been adjudged as the worst remunerated among the top 10 global oil producers and members of the global cartel known as the Organisation of Petroleum Exporting Countries (Opec).

There are strong indications that the planned commissioning of the Dangote Cement Plant in Ibeshe, Ogun State near Lagos, may contribute in eliminating massive importation of cement to Nigeria if the estimated production capacity could be met.