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Economy

China Snubs Nigeria Over Buhari As It Holds Africa Investment Summit

China, one of Nigeria's biggest foreign investors under the administration of former President Goodluck Jonathan has left the country out of its list of...

Host Communities, Foreign Investors Plan To Build 10 Oil Refineries

Oil producing communities in the country, under the auspices of the Host Communities of Nigeria Producing Oil and Gas, HostCom, yesterday, disclosed that they...

JPMorgan Set To Remove Nigeria From Key Bond Index Due To ‘Uncertainty, Limited Transparency’

JPMorgan announced, Tuesday, September 8, 2015 its decision to eject Nigeria from its Government Bond Index (GBI-EM) within the next two months. This marks...

Investors Lose N1.6 Trillion In Buhari’s First 100 Days

Investors in the Nigerian stock market lost  N1.6 trillion in the first 100 days of President Muhammadu Buhari’s government, going by report of activities...

Zenith Bank Releases Half-Year Audited Results, Gross Earnings Rise 24%

Zenith Bank has released its audited half-year result for the period ending June 30, 2015, with the results showing gross earnings rising by 24...

Jonathan’s Economic Reforms Increase Nigeria’s World Bank Ratings

The reform efforts of the immediate past administration of President Goodluck Jonathan may have yielded some dividend as Nigeria moved up five places in...

Sex Sells, Even In Broke Greece: SEE PHOTOS Of Prostitutes In Luxury Brothel

With an unemployment rate over 25 percent, and most of those who do have jobs seemingly taking turns declaring anti-austerity general strikes, it would...

Why Buhari’s Plan To Revive Nigerian Airways Is A BAD Idea – #HistoryClass With @Chxta

A few weeks ago, the President announced a committee to look into reviving Nigerian Airways. Since then, some of his supporters have gone to...

Trouble Looms As Subsidy Debts Hits N314 Billion

The total fuel subsidy debt owed by Nigeria to importers of petroleum products has swelled to N314 billion as President Muhammadu Buhari hesitates on...

Refineries Are Not For Sale – NNPC

Hopes for the Federal Government divesting its interest in the nation’s refineries, as being expected were dashed, yesterday, as the Nigerian National Petroleum Corporation,...

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