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Economy

Governor El-Rufai Pledges To Reduce His Salary By Half, Guarantee Free Education

The Incumbent Kaduna State Governor, Mallam Nasir El-Rufai, on Friday, May 29, 2015 during his inauguration which was abruptly halted by some angry youths,...

Outgoing Benue State Governor Admits Leaving N9.2bn Debt Behind

The outgoing Governor of Benue State, Gabriel Suswam, has admitted that he is leaving behind a debt profile of N9.2bn for the incoming administration of...

‘There are more PhD holders from Nigerian origin in Europe or in America than in Nigeria’ – EU

The European Union (EU) has on Thurday, May 28, 2015 revealed that the number of Nigerian professionals in Europe exceeds those that are here in...

Fuel Scarcity: Senate Orders DPR To Seal Stations Hoarding Fuel

Following an investigation into the recent scarcity of petroleum products in the country, the chairman of the Senate Joint Committee on Petroleum Resources, Senator...

AfDB Expresses Concern Over Africa’s Energy Shortage Despite Outstanding Achievements

African Development Bank, AfDB, has expressed concern over the large energy deficit of the continent despite outstanding achievements made in a bid to develop...

Court Prevents Electricity Regulatory Commission From Increasing Tariff

A Federal High Court sitting in Lagos has prevented the Nigerian Electricity Regulatory Commission from increasing the electricity tariff it charges consumers. Justice Mohammed Idris granted the order...

JUST IN: Agric Minister Adesina Elected New President Of The African Development Bank

Outgoing Minister of Agriculture Akinwumi Adesina has been voted the President of the African Development Bank (AFDB). This news of Nigeria's winning comes as...

Nigeria’s Minister Of Agriculture Elected As President Of African Development Bank

Nigeria's Minister for Agriculture and Rural Development, Dr. Akinwunmi Adesina on Thursday, May 28, 2015 got elected as the President of the African Development...

Okonjo-Iweala Tongue-Lashes Governor Oshiomole Over ‘Unsubstantiated’ Allegations (READ)

Governor Adams Oshiomhole of Edo State on Wednesday, May 27, 2015 in an article titled "Economy: Okonjo-Iweala's hidden figures" called out the Finance Minister,...

Governor Fashola Defends The Whooping N418 Billion Debt Profile He Is Leaving Behind (READ)

As Friday, May 29, 2015 approaches, it has been revealed that Lagos State Governor Babatunde Fashola is leaving a debt profile worth N418 billion...

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