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Economy

It’s always about the economy, stupid…

Economy

Buhari Begs Niger Delta Avengers In The ‘Name Of Almighty God’ To Stop Attacks

Doyin Ajayi | Sub-Editor -
Nigeria's President Muhammadu Buhari has appealed to the leadership of his party, the All Progressives Congress, APC, to help him beg the Niger Delta Avengers...
Economy

Naira Devalued By 22% As CBN’s New Forex Regime Takes Effect

Salisu Sulaimon | Sub-Editor -
As the Central Bank of Nigeria's decision to "free" the naira and allow market forces drive the position of the Nigerian currency, the interbank...
Economy

Buhari Caves To IMF, Finally ‘Devalues Naira’ Through ‘Free Market’ [INFOGRAPHIC]

Silas Ebeh | Crime Reporter -
Following a year of Nigeria's President Muhammadu Buhari insisting against better advice to liberalize the naira and permit market forces to determine its value,...
Economy

Nigeria In Darkness: Senator Sani Calls For Sack Of Power Minister Fashola

News Desk | The Trent -
Kaduna legislator and chairman of the senate committee on domestic debt and loans, Shehu Sani has spoken up regarding the lack of electricity being...
Economy

Nigerian Gas Production Down By 50% Over Militant Attacks

News Desk | The Trent -
Due to the recent spate of bombings by militants in the Niger Delta, Nigeria's domestic gas production has been reduced by 50 percent which...
Economy

US, India, Indonesia Turn Away From Nigerian Oil Over Renewed Restiveness

News Desk | The Trent -
In impact of the renewed bombing of oil installations by militants in the Niger Delta has started affecting international trade as India, US and...
Economy

NNPC Records N19.43 Billion Loss In April Due To Niger Delta Avengers Attacks

Salisu Sulaimon | Sub-Editor -
Nigeria's state-owned oil corporation, the Nigerian National Petroleum Corporation, NNPC, says the country has lost over 1,500 megawatts of electricity as a result of...
Economy

Niger Delta Avengers: Shell Halts Repairs On Forcados 48 Pipeline Following 2nd Attack

Ekamma Jacobs | Staff Reporter -
Royal Dutch Shell Plc said it won’t attempt to repair a key pipeline in Nigeria for now after militants attacked it a second time...
Economy

Again, Britain Warns Buhari Against Military Option On Niger Delta Avengers

Bayo Adegbite | Politics Reporter -
Twice in as many months, the government of Britain warns President Muhammadu Buhari against deploying a military option in dealing with the crisis in...
Economy

Shell Confirms ‘Signs Of A Leak’ In Forcados 48 Pipeline Following Avengers Attack

Pius Godsday | Politics Reporter -
Shell Petroleum Development Company of Nigeria Ltd on Friday, June 3, 2016 confirmed signs of a leak in the 48 inch Forcados export pipeline...
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