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Economy

Naira Depreciates Further At Parallel Market

The Naira on Monday, October 5, 2015 further depreciated against the Dollar at the parallel market. The Naira lost N1.50 to the Dollar as it...

Buhari’s Plan To Terminate Amnesty Programme Not Feasible – Ex Niger Delta Militants

Prominent ex-militant leaders from the nine states of the Niger Delta region have given reasons for the concern expressed over the December 2015 termination...

Our Contract With Tompolo’s Firm Still Intact, Doesn’t Encroach On Navy Turf – NIMASA

The Nigerian Maritime Administration and Safety Agency (NIMASA), has said that the deal between the agency and the Global West Vessels Specialists Limited, allegedly...

It Gets Worse: 40,000 Jobs To Be Lost In Manufacturing Sector

The federal government’s drive to create jobs for millions of unemployed Nigerians may suffer a huge set back following the Central Bank of Nigeria’s...

We’re Not In A Hurry To Remove Fuel Subsidy – Osinbajo

Nigeria’s Vice President, Prof Yemi Osinbajo, yesterday, said the current administration was not in a rush to removing fuel subsidy. Prof. Osibanjo in an interview...

We Are Yet To See Buhari’s Economic Policy – UK Expert

A British financial expert, Mr. Gerard Lyons, has urged the administration of President Muhammadu Buhari to come up with a clear economic policy direction to...

I Will Diversify Nigeria’s Economy Next Year – Buhari

President Muhammadu Buhari has said his administration would enact new policies to diversify Nigeria’s economy from oil to other sectors such as agriculture, mining...

Those Against Buhari As Petroleum Minister Are ‘Briefcase-carrying Crooks’ – Presidency

The Senior Special Adviser to President Muhammadu Buhari on Media and Publicity, Garba Shehu has described critics of the President's decision to handle the...

US gives Nigeria $2.3bn to fight poverty

In dire need to reduce extreme poverty in Nigeria, especially in the insurgency ravaged north eastern part of the country, the federal government has...

‘Buhari Was Not An Effective Petroleum Minister’ – Int’l Experts Say Decision Is Problematic

Nigerian President Muhammadu Buhari is working to defeat Boko Haram militants, root out government corruption and overhaul the country’s large but fragile economy, among other things. And...

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