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Economy

Donald Trump ‘Renegade’ Tweets Pushing Up Oil Prices – OPEC

United States President Donald Trump, who recently called on OPEC producers to help reduce oil prices, has raised prices through his tweets, Iranian OPEC Governor...

Nigeria’s Total Debt Rises To $71 Billion

Nigeria's total national debt has grown to N21.7 trillion which is approximately $70.92 billion at the end of December 2017, the director-general of Nigeria’s...

Buhari Approves Hike In Taxes On Alcoholic Beverages, Tobacco

President Muhammadu Buhari has approved an amendment to the excise duty rates for alcoholic beverages and tobacco with effect from Monday,  June 4, 2018. Buhari has...

Kebbi Can Produce 50% Domestic Rice Consumption In Nigeria – Agric Commissioner

Kebbi State has assured the nation it has the capacity to deliver 50 per cent of the rice needs of Nigerians with the continuous...

Central Bank Begins Flooding Market With Smaller Naira Notes

The Central Bank of Nigeria, CBN, has kick-started the distribution of smaller naira notes to traders in order to improve circulation of N5, N10,...

Oil Trades At $62 Keeping Nigeria In A ‘Safe Place’

The global crude oil market seems not to have recovered from the fears of another supply glut as West Texas Intermediate, WTI, fell below...

MMM Nigeria: What Is Really Going On?

If you are Nigerian, chances are that you have probably heard of MMM Nigeria or even taken part in it. But how close have...

Bitcoin Falls Below $6,200 First Time In Months

Bitcoin dropped by 20 percent to a three-month low on Tuesday, February 6, 2018, its latest sharp loss following a series of setbacks for...

Due To Buhari’s Incompetence, Nigerian Bank Cards To Be Blacklisted Internationally

Egmont group is set to expel Nigeria's Financial Intelligence Unit (NFIU) by March 2018. This is on the agenda of the Egmont Working Group...

NNPC Posts Export Sales Of $239 Million

The Nigerian National Petroleum Corporation (NNPC) has reported that it posted a total crude oil and gas export sale of $239.10 million in the...

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