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Economy

It’s always about the economy, stupid…

Economy

Only 33% Of Nigerians Are Poor – World Bank

ThisDay -
Going by the statistics released to journalists yesterday in Abuja by the  World Bank, only 55.9 million Nigerians (about 33.1 per cent of the...
Business

NNPC To Go Into Oil Bunkering In October

Wires | The Trent -
The Nigeria National Petroleum Corporation (NNPC) said it had concluded plans to go into oil bunkering business to boost its profitability in line with...
Economy

Nigeria Loses Over N15 Billion Annually By Signing BASA – Chairman AON

ThisDay -
The Executive chairman of Airline Operators of Nigeria (AON), Captain Nogie Meggison, said Nigeria has lost the fortunes it would have made, estimated to...
Economy

Senate Delibrates On Report That Clears NNPC Of Sanusi’s ‘Missing $49 Billion’ Allegation (DETAILS)

ThisDay -
Almost six weeks after the Senate Committee on Finance submitted its report on the allegation made by the former Governor of the Central Bank...
Business

BPE, NCP Ask Court To Refuse Request By Ethiope Energy To Stop Power Stations’ Privatisation

ThisDay -
The Bureau for Public Enterprises (BPE) and the National Council on Privatisation (NCP) have asked a Federal High Court in Abuja to refuse an...
Economy

‘Nigeria Loses N320 Billion To Gas Flaring Annually’

Wires | The Trent -
NAN -  Nigeria loses not less than two billion dollars (approximately N320 billion) to gas flaring annually, Mr Nnimmo Bassey, an environmentalist has said. Bassey,...
Economy

FG Cuts Down Fuel Importation Allocations

Vanguard -
The Federal   Government has reduced the number of companies licensed to import gasoline in the third quarter to 27 from 40 in the previous...
Economy

CBN Cashless Policy Takes Off Nationwide

ThisDay -
The cashless policy, an initiative of the Central Bank of Nigeria (CBN) and the Bankers’ Committee aimed at reducing the amount of cash in...
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...
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