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Economy

It’s always about the economy, stupid…

Economy

Niger Delta: Militancy Has Raised Cost Of Security By 600% In Last Decade – Kachikwu

Kenneth Ebelemi | Sub Editor -
Ibe Kachikwu, Nigeria's minister of state for petroleum resources, has said that the insecurity in the oil-rich Niger Delta region has raised the cost...
Economy

Niger Delta: Nigeria Lost 130 Million Barrels Of Crude Oil In 2016 – Expert

Kenneth Ebelemi | Sub Editor -
Shina Bankole, an executive of the Lagos Chamber of Commerce and Industry, has said that Nigeria lost over 130 million barrels of crude oil...
Economy

Nigeria: Senate Lashes Out At Buhari For Poor Economic Document

News Express NGR -
President Muhammadu Buhari’s request on the 2017-2019 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) came under heavy criticism at the Senate...
Economy

BREAKING: Bad News As Nigeria’s Recession Worsens, Economy Shrinks By 2.24%

Ekamma Jacobs | Staff Reporter -
While President Muhammadu Buhari has been playing the blame game, and diverting the attention of Nigerian from the failing economy by attacking democratic institutions...
Economy

Crude Oil Price May Rise To $55 If All Producers Co-operate – Iran Oil Minister

Wires | The Trent -
Iranian Oil Minister Bijan Zanganeh expressed optimism on Saturday about an upcoming OPEC meeting and said crude prices could jump to $55 a barrel...
Economy

Buhari’s National Oil Policy To Scrap NNPC, DPR, PPPRA, Sell Unprofitable Refineries

Julius Okeke | Political Reporter -
The federal government’s draft National Oil Policy has proposed to consolidate Nigeria’s oil industry regulatory authorities into a single agency to be known as...
Economy

I Almost Chickened Out Of Being President – Buhari

Ebenezer Olatunji | News Reporter -
Nigeria's President Muhammadu Buhari has revealed that he nearly absconded from office, when he discovered the financial constraints facing the country. The president made this confession...
Economy

#AgricRevolution2018: Abia Gov’t Targets 10,000 Hectares Of Oil Palm Plantation

Okechukwu Nwokoye | Sub Editor -
Owing to the fall in crude oil price and the economic recession in Nigeria, it has become expedient for governments at all levels to...
Business

Nigeria: CBN Suspends 19 Banks From Forex Sale To BDCs

Ella Ukairo | Tech Reporter -
The Central Bank of Nigeria, CBN, has suspended all the banks, with exception of First Bank, from selling dollars proceeds of international money transfer...
Economy

Recession: Nigerian Banking Industry In ‘Full Blown Financial Crisis’

Bloomberg Business -
Nigeria’s banking industry is experiencing a “full blown financial crisis” as failed fiscal and monetary policies lead to a credit crunch, according to Arqaam...
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