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Economy

It’s always about the economy, stupid…

Economy

Oil Prices Plunge As Iran, US Boost Production

Agency Reports -
Oil prices fell on Monday, January 9, 2016 as increased exports from Iran undermined efforts by other oil producers to curb a global fuel...
Economy

BREAKING: Avengers Promise New Wave Of Attacks In ‘Operation Walls Of Jericho’

Kenneth Ebelemi | Sub Editor -
Niger Delta Avengers, the militant group that had claimed responsibility for many sabotage attacks in Niger Delta last year, said that it has asked...
Business

Tinubu, Dantata, Cole, 36 Others Granted Nigeria’s 1.3mbd Oil Lifting Contract

Ebenezer Olatunji | News Reporter -
The Nigerian National Petroleum Corporation, NNPC, on Wednesday, January 4, 2016, named Wale Tinubu’s Oando, Toye Cole’s Sahara Energy Resources, Sayyu Dantata’s MRS Oil...
Economy

Cardinal Onaiyekan Accuses Buhari Of Granting ‘Amnesty’ To His ‘Corrupt Friends’

Ella Ukairo | Tech Reporter -
John Onaiyekan, the Catholic Archbishop of Abuja, has accused President Muhammadu Buhari of selective fight in the ongoing war against corruption in the country,...
Economy

Embattled Babachir Removed From Presidential Committee On Federal Boards

Wires | The Trent -
President Muhammadu Buhari has removed the embattled secretary to the government of the federation, Babachir Lawal as the chairperson of the presidential committee on...
Economy

FG Implements Jonathan Gov’t Policy Raising Duties On Consumable, Luxury Good

Ella Ukairo | Tech Reporter -
The federal government has raised duties on luxury goods such as yachts and Sport Utility Vehicles (SUVs) imported into the country. But also affected...
Economy

More Bad News: Nigeria Recorded N104 Billion Negative Trade Balance In 3rd QTR

Wires | The Trent -
The National Bureau of Statistics, NBS, has disclosed that Nigeria recorded a negative trade balance of N104 billion in third quarter of this year. NBS,...
Economy

1.7 Million Nigerians Lost Their Jobs In First 9 Months Of 2016 – NBS

Wires | The Trent -
The harsh economic situation in the country has thrown 1.7 million Nigerians into the job market in nine months, a report from the National...
Economy

‘Current Economic Hardship Not Our Fault’ – Buhari Gov’t

Agency Reports -
The federal government says it is not responsible for the current economic situation of the country. Udoma Udo Udoma, minister of budget and national planning,...
Economy

FG Says ‘Vast Amounts’ Of Crude Oil Discovered In Borno State

Agency Reports -
Crude oil has been discovered in vast quantities in Borno State, according to Jamila Shua’ra, permanent secretary, ministry of petroleum resources. Shua’ra made the disclosure on...
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