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Economy

Diversion Of Bailout Funds: Group Gives Gov Okorocha 60 Days To Pay Workers Salary Arrears

A group, under the aegis of Ndigbo Unity Forum, has accused Governor Rochas Okorocha of Imo State of diverting bailout funds meant for the...

Workers’ Day: Buhari’s Change Agenda Was A Scam – Labour Unions Say

The Nigeria Labour Congress and Trade Union Congress, Sunday, May 1, 2016, have described President Muhammadu Buhari’s government as an administration laden with unfulfilled...

N40 Billion Waste: Nigeria Ready To Explore For Oil In Chad Basin – Kachikwu

Ibe Kachikwu, minister of state for petroleum resources, says the federal government remains resolute to its commitment on exploration of oil and gas in...

Me And Niger Delta Avengers Have No Business – Tompolo Denies New Militancy Group

Chief Government Ekpemukpolo aka Tompolo has dissociated himself from a fledging militant group in the Niger-Delta region named as Niger Delta Avengers. The group recently claimed...

Buhari’s Economic Policies Are Archaic – Ezekwesili Takes Swipe At Mr. President

Oby Ezekwesili, former minister of education, says the economic policies of the President Muhammadu Buhari-led federal government are “archaic”, comparing them to the ones...

Bad News: Global Credit Rating Agency, Moody’s, Downgrades Nigeria

Moody’s Investors Service, better known as Moody’s, has finally downgraded Nigeria’s long-term issuer ratings from Ba3 to B1. B1, B2 and B3 are judged to...

Hard Economy: Buhari Says 60% Of Nigerian States Unable To Pay Workers Salaries

President Muhammadu Buhari has said that the biting economy of the country has led to two-third of Nigerian governments unable to pay salaries of...

Nigerian Governors Bemoan Poor Economy, Seeking Lasting Solutions

The Nigeria Governors’ Forum (NGF) has said that the nation’s economy is in a bad state, hence there is need for the 36 governors...

From World’s 3rd Fastest Growing Economy, Nigeria Ranks Poorest In Africa

The situation of Nigeria's economy is definitely not at its best as it has nosedived from ranking as 3rd fastest growing economy in Africa...

Delay In Budget Signing, Harmful To The Economy – NLC, Experts

Economic analysts on Sunday, April 24, 2016, said that the delay in the signing of the 2016 budget into law and the consequent implementation...

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