Economy

Economy

It’s always about the economy, stupid…
Nigeria's President Muhammadu Buhari

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The Federal Government, through the Nigerian National Petroleum Corporation, NNPC, paid N43.09 billion as a subsidy on Premium Motor Spirit, PMS, also known as...
Tayo Ogini, Ibe Kachikwu, Gas, Nigeria

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Over 10,000 Host Communities of Nigeria Oil and Gas, HOSTCON, pipelines surveillance cadets trained on intensive surveillance have accused the Federal Government of neglect...
crude nigerian oil growth

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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...
Niger Delta Nigeria Troops

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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...
Creative Industry, Zainab Ahmed, the Minister of Finance

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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...
Godwin Emefiele, CBN, Skye Bank, Shehu Mikail, Boniface Okezie

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The Central Bank of Nigeria, CBN, said it has recovered over N60 billion excess charges imposed by banks on customers and returned the money...
Godwin Emefiele, CBN, Skye Bank, Shehu Mikail, Boniface Okezie

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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...
Nigerian Market Nigerian Open Market economy Lagos

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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...
Nigeria's President Muhammadu Buhari

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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...
fuel pump

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About 18 billion litres of petrol, PMS, was supplied in Nigeria for 2019, a report by the Petroleum Products Pricing Regulatory Agency, PPPRA, has...

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Kanye West at the 2016 Met Gala in New York City.

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Kanye West has declared he is running to be the president of the United States. The 43-year-old rapper announced via Twitter that he has aspirations...
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