Economy
It’s always about the economy, stupid…
Nigeria Records High GDP Growth In Last Quarter Of 2019
Nigeria’s economic growth rose to an annual rate of 2.55% in the three months to the end of December, its highest quarterly growth since...
Nigeria’s Niger Delta Holds 37 Billion Barrels In Crude Oil Reserves – Agency Says
The nation’s crude oil reserves of 37 billion barrels, two percent of which is being produced annually, will be depleted in 49 years, according...
Bank Of Industry Has N7 Billion Facility For The Creative Industry – Finance Minister
Zainab Ahmed, Nigeria's finance minister, says the federal government through Bank of Industry (BoI) has approved facility of about seven billion naira under its...
CBN Returns Excess N60 Billion Charged From Customers’ Accounts By Banks
The Central Bank of Nigeria, CBN, said it has recovered over N60 billion excess charges imposed by banks on customers and returned the money...
CBN Injects $218.41 Million, 18 Million Chinese Yuan Into Retail Secondary Market
The Central Bank of Nigeria, CBN, has injected the sum of 218.41 million dollars into the retail Secondary Market Intervention Sales, SMIS.
Isaac Okorafor, the...
Nigeria To Stop Fish Importation By 2022 – Agric Minister Declares
Sabo Nanono, the minister of Agriculture and Rural Development, says following Federal Government’s effort to encourage local production, Nigeria may stop fish importation in...
Under Buhari, Nigeria Ranked 2nd Most Corrupt Country In West Africa
Nigeria has been rated the second most corrupt country in West Africa ahead of Libya.
Transparency International, a global corruption watchdog in a report on...
18 Billion Litres Of Petrol Were Consumed In Nigeria In 2019 – Petroleum Pricing Agency Reveals
About 18 billion litres of petrol, PMS, was supplied in Nigeria for 2019, a report by the Petroleum Products Pricing Regulatory Agency, PPPRA, has...
Mounting Rancour Between US And Iran Pushes Crude Oil Price Above 2020 Budget Expectations
Iran may be raising red flag and vowing to revenge the killing of its Revolutionary Guards’ (Overseas Forces) commander, Qasem Soleimani, in a Thursday,...
80% Of Nigeria’s Oil and Gas Revenues Benefits 1% Of The Population – World Bank
When it comes to producing oil and gas, Nigeria is arguably, without an equal when compared to its other African counterparts.
Not only is it...
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Jacob Zuma Returns To South Africa From Cuba Declaring, ‘I Am Not Afraid Of Prison’
South Africa’s graft-accused former president Jacob Zuma returned home on Saturday, February 22, 2020 after a month-long trip to Cuba for medical treatment and...
