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Economy

It’s always about the economy, stupid…

Economy

BREAKING: Nigeria’s Inflation Hits 18.48%, A 11-Year High

Felix Ojong | Sports Reporter -
The Consumer Price Index, which measures inflation rate or hike in prices in the Nigerian economy, has hit an all-year high, which also represents an...
Economy

Buhari Presents 2017 Budget Based On Daily Oil Production Of 2.2 Million Barrels

Agency Reports -
President Muhammadu Buhari has presented a N7.298 trillion 2017 budget before the joint session of the National Assembly. The presentation was made on Wednesday, December...
Economy

Crude Oil Prices Shoot Up To $58, The Highest In 17 Months

Agency Reports -
Oil prices shot up over four percent to their highest level since 2015 early on Monday, December 12, 2016 after OPEC and other producers...
Economy

Christmas Season: Lagos Gov’t To Sell Bag Of Rice At N13,000

Agency Reports -
The Lagos State government says it will begin sale of Lake Rice at N13,000 for a 50kg bag on Thursday, December 15, 2016 for...
Economy

Oil Prices Rise As OPEC And Non-OPEC Producers Meet

Agency Reports -
Oil prices extended gains on Friday, December 9, 2016 on optimism that non-OPEC producers would agree to cut output following a cartel agreement to...
Economy

Nigeria’s Recession Delays ECOWAS Single Currency

Agency Reports -
The  depreciation of the naira and other economic challenges affecting member states have slowed down ECOWAS economic integration  and the adoption of a single...
Economy

CBN To Render Financial Services To Rural Villages By 2020 – Emefiele

Felix Ojong | Sports Reporter -
Godwin Emefiele, the governor of the Central Bank of Nigeria, CBN, on Friday, December 2, 2016 announced plans to render financial services to villages...
Economy

OPEC Reaches Deal In 8 Years, Yet $50 Oil Price Leaves Nigeria Short

Ekemini Ekwere | News Reporter -
After the Organisation of Petroleum Exporting Countries, OPEC, reached its first deal in eight years, oil prices have been on the increase but they...
Economy

OPEC Members, Stuggling Economicly, Finalise Deal To Cut Oil Production

Wires | The Trent -
OPEC clinched a deal to curtail oil supply, confounding skeptics as the need to clear a record global crude glut — and prove the...
Economy

Recession: 3,000 Steel Workers Lose Jobs, As Biggest Pipe Factory Shuts

Ekamma Jacobs | Staff Reporter -
The National Union of Iron and Steel Workers on Wednesday said 3,000 of its members lost their jobs in the last quarter of 2015...
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