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Economy

It’s always about the economy, stupid…

Economy

NNPC Unbundling: Oil Workers Begin Indefinite Strike

ThisDay -
Workers of the Nigerian National Petroleum Corporation (NNPC) under the auspices of the two major unions, the Petroleum and Natural Gas Senior Staff Association...
Economy

‘Economic Terrorists’ Are Responsible For Fall In Naira – Attorney-General

News Desk | The Trent -
The Attorney General of the Federation (AGF), Abubakar Malami (SAN) has blamed the fall in the value of the Naira on orchestrated criminal conspiracies...
Economy

FG, Switzerland Sign Agreement To Return $321 Abacha Loot

ThisDay -
The federal government has said a framework that will make it easier to trace and repatriate stolen assets stashed abroad is being worked out...
Economy

JUST IN: Workers Shut Down NNPC Nationwide As Fuel Scarcity Bites Harder

Imo MacDonald | Contributor -
The lingering fuel scarcity currently plaguing Nigeria bites harder just as the employers of the Nigerian National Petroleum Corporation, NNPC, shut down the activities...
Economy

It Gets Worse: Nigeria’s GDP Growth Falls To Lowest Since 1999

Wires | The Trent -
The gross domestic product (GDP) growth rate of Africa’s largest economy, Nigeria, has fallen to a 16-year low of 2.815 percent – the lowest...
Economy

Oil Workers Shut Down NNPC Nationwide Over ‘Unbundling’ (PHOTOS)

News Desk | The Trent -
Oil workers nationwide on Wednesday, March 9, 2016 shut down operations of the Nigeria National Petroleum Cooperation (NNPC) around the country following the announcement...
Economy

Nigeria To Stop Petrol Importation In 18 Months – FG

News Desk | The Trent -
NAN - Ibe Kachikwu, minister of state for petroleum, on Tuesday said the federal government plans to end importation of Premium Motor Spirit (PMS)...
Economy

FG Approves Plans To Unbundle NNPC To 7 Units

Channels TV -
The Federal Government has approved the creation of seven operational units in the Nigerian National Petroleum Corporation (NNPC). This is according to the Minister of...
Business

Oil Prices Rise To $39, Beats Budget Benchmark Of $38

Vanguard -
Global crude oil prices finally surpassed Nigeria’s budgetary benchmark, yesterday, trading above $39 per barrels. File Photo: Crude Oil This came as experts on...
Economy

Nigeria Will Not Withdraw From OPEC Or Devalue Currency -­ Buhari Tells Al Jazeera

News Release -
Just nine months into his term, Nigerian president Muhammadu Buhari is under pressure. Under his leadership, the currency has reached record lows and inflation...
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