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Economy

It’s always about the economy, stupid…

Business

African Union Summit Approves Creation Of African Monetary Fund

Wires | The Trent -
NAN - The African Union (AU) Summit has approved the creation of an African Monetary Fund (AMF) with an initial capital of 22.64 billion...
Economy

President Jonathan Approves New Fiscal Policy Measure On Rice

ThisDay -
As part of  federal government’s effort to encourage local production and  investment in rice value chain through backward integration and the quest to discourage...
Business

Niger Delta Fishermen Reject $50 Million From Shell As Compensation

The Nation -
Thousands of Nigerian fishermen have rejected an offer of $50 million from Royal Dutch Shell for “some of the largest oil spills in history,”...
Business

FG Records Colossal Drop Of N1.43 Trillion In Crude Oil Sales

Joy Abobi | News Reporter -
A document obtained from the Budget Office of the Federation has  revealed an  enormous drop of 1.43 trillion in crude oil sales in the...
Business

India Now Largest Importer Of Nigeria’s Crude Oil – NNPC

Goldmay Daniel | Staff Reporter -
Oil-rich Nigeria said on Thursday that India has replaced the United States as its largest crude importer, accounting for more than a quarter of...
Business

National Confab Delegates Call For National Carrier And Dredging Of Niger River

ThisDay -
In continuation of the plenary session of the National Conference, delegates yesterday considered the report of the Transportation Committee headed by Senator Musa Adede,...
Business

#GoodNews: Nigeria Listed As Number One Destination For Foreign Investors

News Desk | The Trent -
Regardless of the several ill-news emanating from Nigeria, not everything is all gloomy about the most populous black nation on the surface of the...
Economy

Inflation Rises To 8% In May Due To Higher Food Prices

ThisDay -
Nigeria's year-on-year consumer price index (CPI) which measures inflation rose to eight per cent in May compared to 7.9 per cent the previous month,...
Economy

Fuel Scarcity Feared As Independent Marketers In NUPENG Threaten Strike

ThisDay -
Members of the independent marketers' branch of the Nigerian Union of Petroleum Natural Gas Workers (NUPENG) rose from their national executive council meeting in...
Business

Iran Offers Assistance On Nuclear Technology To Help Nigeria Boost Electricity

Wires | The Trent -
NAN - Mr Saeed Koozechi, the Iranian Ambassador to Nigeria on Monday said Iran was willing to offer assistance on nuclear technology to boost...
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