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Economy

It’s always about the economy, stupid…

Business

Manufacturers Spend N500 Billion On Electricity Annually – MAN

The Nation -
Manufacturers spend about N500billion yearly for maintaining their power plants, the Chairman, Economic Policy Committee (EPC), Manufacturers Association of Nigeria (MAN), Reginald Ike Odiah,...
Economy

Kachikwu Unseated As OPEC President After 2 Days

Wires | The Trent -
The Organisation of Petroleum Exporting Countries (OPEC) has named Mohammed Al Sada to succeed Nigeria’s Ibe Kachikwu as the organisation’s conference president. Kachikwu, minister...
Economy

Kachikwu Named OPEC President Replacing Alison-Madueke

Felix Ojong | Sports Reporter -
Nigeria's minister of state for Petroleum, Dr. Ibe Kachikwu has officially replaced former Petroleum Minister, Mrs. Diezani Alison-Madueke as conference president of the Organisation of...
Economy

‘We can confidently announce that the scarcity will end in a few days’ – Lai Mohammed

Vanguard -
The Minister of Information and Culture, Alhaji Lai Mohammed, has assured that the current fuel scarcity in the country will be over in a...
Economy

Senate Approves Buhari’s N575 Billion Supplementary Budget

Vanguard -
The Senate on Tuesday, December 1, 2015 passed a total sum of N574,532,726,857 as supplementary budget for President Muhammadu Buhari to be withdrawn from...
Economy

Addiction To Crude Oil Is Cause Of Corruption – VP Osibanjo

Leadership -
Vice President Yemi Osibanjo has attributed the high level of corruption, dwindling economy and redundant human resource base in Nigeria to the country’s dependence...
Economy

Supplementary Budget Rises To N574 Billion As Subsidy Claims Hits N521 Billion

The Nation -
The controversial fuel subsidy claims as contained in the 2015 Supplementary Budget presented to the National Assembly by President Muhammadu Buhari has risen from...
Economy

It Gets Worse: NNPC Announces N241 Billion Loss

Vanguard -
The Nigerian National Petroleum Corporation, NNPC, yesterday announced a loss of N240.987 billion in its operations for 10 months, between January and October 2015. The...
Economy

It Gets Worse: More Nigerians To Join 1.4 Million Who Lost Jobs Under Buhari

ThisDay -
The Manufacturers Association of Nigeria (MAN) stated at the weekend that more Nigerians may likely lose their jobs, with more manufacturing companies folding up....
Business

$5.2 Billion Fine: Fate Of MTN Now Solely In Buhari’s Hands – FG

Signal -
The fate of MTN is now in the hands of Nigerian President Muhammadu Buhari as he now must decide the course of action to...
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