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Economy

It’s always about the economy, stupid…

Economy

Strikes Loom in 18 States Over Unpaid Salaries

Seyi Peters | Staff Reporter -
There are emerging reports that workers in 18 states may embark on an indefinite strike on Monday, May 25, 2015 over unpaid salaries. The General Secretary of...
Economy

President Jonathan Approves 2015 Budget, Fuel Subsidy Slashed

Seyi Peters | Staff Reporter -
President Goodluck Jonathan has approved the N4.5 trillion ($22.6 billion) budget for 2015, which was passed by the National Assembly in late April, the...
Economy

Fuel Scarcity: Women, Young Boys Now Engage In Black Market Selling

Seyi Peters | Staff Reporter -
As fuel scarcity worsens in Abuja, black marketers have increased in number and are smiling to the bank. Indeed it seems that while fuel scarcity is a...
Economy

‘Rivers State received N257 Billion’ In 2013 – Okonjo-Iweala Replies Governor Amaechi

Sheryl Sanni | Staff Reporter -
Minister of Finance, Ngozi Okonjo-Iweala has responded to calls from the Governor Rotimi Amaechi-led Nigerian Governors' Forum (NGF) for her to explain the sum...
Economy

Abia State Governor-elect Seeks Economic Road Map From Soludo

Sheryl Sanni | Staff Reporter -
Abia State governor-elect, Dr. Okezie Ikpeazu, on Monday, May 18, 2015 met with former Central Bank of Nigeria governor, Professor Charles Soludo in Enugu...
Economy

Nigeria Pays 2015 Regular Budget To United Nations

Agency Reports -
NAN - Nigeria has paid her 2015 regular budget to United Nations in full, becoming the 61st member country to do so, an official...
Economy

Fuel Scarcity: NUPENG Predicts Worse Situation If Depot Owners Shut Tanker Drivers Out

Agency Reports -
NAN - The National Union of Petroleum and Natural Gas Workers (NUPENG) on Monday, May 18, 2015 said the prevailing fuel scarcity may worsen...
Economy

Court Gives Injunction Against Moving $500 Million Oil And Gas Project From Lagos To Bayelsa

Okechukwu Obioha | Staff Reporter -
A Federal High Court sitting in Lagos has stopped the planned relocation of the $500 million oil project from Lagos Deep Offshore Logistics, LADOL Free...
Economy

Scarcity: Petroleum Marketers Calls For Total Downstream Deregulation

Seyi Peters | Staff Reporter -
The Depot and Petroleum Products Marketers Association (DAPPMA) have called on the federal government to quickly deregulate the downstream sector to save the country...
Economy

New World Order: ‘The World’s Greatest Superpower’ Is Splitting Into Two Kinds (DETAILS)

Business Insider -
We're about to see a very different world — one with "two Asias" — according to Australia's former prime minister. In the next decade or...
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