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Economy

It’s always about the economy, stupid…

Economy

Fuel Scarcity Looms As NUPENG Issues 7-Day Strike Notice

Wires Editor | The Trent -
Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, on Wednesday, July 31, 2019, issued a seven-day strike notice to the Federal Government to...
Economy

Nigerian Banking Industry Loses N15.15 Billion To Fraud In 2018

News Agency of Nigeria -
The banking industry lost N15.15 billion to cases of fraud last year, indicating an increase of 539 per cent when compared to the N2.37...
Economy

Central Bank To Recall Naira Notes From Circulation To Advance Cashless Policy

News Agency of Nigeria -
The Central Bank of Nigeria, CBN, on Thursday, June 27, 2019, said it would soon reduce much of the currency in circulation in order...
Business

The Ups And Downs Of The Online Slot Gambling Boom In Africa

Leo Vine | Contributor -
Gambling industry "captured" the largest countries and continents. Now, it is looking for new goals and Africa is a perfect aim. According to PricewaterhouseCoopers,...
Economy

‘$25 Billion Fund Coming Home From Nigerians Abroad Exceeded Oil Earnings In 2018’

Wires | The Trent -
Concerned about the stagnated state of the nation’s economy marred with inconsistent foreign exchange earnings through oil export, the Association of Bureaux De Change...
Business

New Nigerian Emigration Is Bad For Online Casino And Other High Tech Nigerian Industries

Okechukwu Nwokoye | Sub Editor -
A new wave of emigration of Nigeria’s middle class is depleting the oil-rich West African nation of skills needed to build up its online...
Business

Dangote Says This Economic Factor Will Get Nigeria’s Economy Working Again

News Agency of Nigeria -
Aliko Dangote, the president of the Dangote Group, says the availability of consumer credit facility is an important option in lifting the country's economy...
Economy

Thieves Stealing 100,000 Barrels Of Crude Oil In Nigeria Per Day

Wires | The Trent -
Oil theft has replaced the activities of militants, costing the nation trillions of naira, according to a report by Bloomberg. The report showed that between 2014...
Economy

Nigeria Imported 4.87 Billion Litres Of Petrol Between In First Quarter Of 2019

News Agency of Nigeria -
The National Bureau of Statistics, NBS, on Friday, May 24, 2019, announced that 4.87 billion litres of Premium Motor Spirit, PMS, popularly known as...
Economy

Nigerian States To Receive Remaining N649.4 Billion Paris Club Refund

Agency Reports -
The federal government is set to disburse the sum of N649.4billion to states as their balance of the Paris Club debts refund. Zainab Ahmed, the...
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