Economy

Economy

It’s always about the economy, stupid…
World Bank President Jim Yong Kim

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The World Bank has said that Nigeria’s Gross Domestic Product, GDP, growth is expected to hover slightly below two per cent in 2018, largely...
Ibe Kachikwu, Idang Alibi, UNN

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Ibe Kachikwu, the minister of state for petroleum resources, has said there are strong indications that three out of the 40 planned modular refineries...
Godwin Emefiele, CBN, Skye Bank, Shehu Mikail, Boniface Okezie

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The Central Bank of Nigeria, CBN, says 22 withdrawals totalling $3.12 billion were made from the Nigerian Liquefied Natural Gas, NLNG, dividends account domiciled...
The Trent crude oil

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Oil prices slumped on Friday, November 23, 2018, to lows not seen since last year as concerns over high crude supplies triggered massive selling,...
Ibrahim Idris, Maikanti Baru, NNPC

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The Nigerian National Petroleum Corporation, NNPC,  has denied claims that it has  in its custody 3.5 billion dollars subsidy fund. Ndu Ughamadu,  the NNPC Group...
stocks stockbroker wall street

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Reports has it that foreign portfolio investors have pulled out billions of naira out of the Nigerian stock market in recent months amid bearish...
President Muhammadu Buhari, Ibrahim Yakasai, Enefiok Essien

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The National Bureau of Statistics, NBS, says the country’s foreign debt stands at 22.08 billion dollars and  the domestic debt N3.48 trillion . The bureau...
man shopping walking phone

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Internet users in Nigeria increased marginally to 103.6 million in July, the Nigerian Communications Commission, NCC, has said. The NCC disclosed this on Wednesday, September...
Tayo Ogini, Ibe Kachikwu, Gas, Nigeria

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The Nigeria Liquefied Natural Gas, NLNG, Limited., says its ongoing plans to reach a Final Investment Decision, FID, on its Train-7 project by December...
Bobboi Kagama, Yemi Osinbajo, Labour

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The organised labour on Sunday, July 29, 2018, called for the immediate passage of the National Minimum Wage bill into law as soon as...

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