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Economy

The Hidden Facts About Buhari’s ‘Implementation’ Of UNEP Report On Cleanup Of Ogoniland

Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina Wednesday, August 5, 2015 announced that the president has approved the 'fast-tracking'...

#Unorthodox: Buhari’s Gov’t Chopping Down Trees In Abuja ‘To Defend The Weakening Naira’

The Federal Government of Nigeria has begun chopping down trees in the Federal Capital Territory of Abuja in a bid to defend the naira...

Banks May Lose N2 Trillion In Deposits Over Single Treasury Account

The nation’s banks would be losing about N2 trillion deposits to the Central Bank of Nigeria, CBN, with the implementation of the Treasury Single...

Our Refineries Will Start Making Profit Soon – NNPC

The Nigerian National Petroleum Corporation (NNPC) stated that its ongoing restructuring was designed to reposition its operations and refineries to profit-making ventures. This was even...

SEC Retired 43 Senior Staff, Closes Down Its 4 Zonal Offices

NAN - The Securities and Exchange Commission on Wednesday said it had retired 43 senior members of staff and closed down its four zonal...

If Buhari Is Serious About Fighting Corruption, He Should Stop Fuel Subsidy – Sanusi

The Emir of Kano, Malam Muhammadu Sanusi II, yesterday, said removing oil subsidy would go a long way in stopping corruption in the country. Sanusi...

Power Sector: Senate Constitutes Committee To Probe Obasanjo, Yar’Adua, Jonathan Gov’ts (DETAILS)

The Senate, yesterday, constituted an ad-hoc Committee to carry out a holistic investigation into the management of funds appropriated to the power sector from...

NNPC: Buhari Appoints 4 GEDs, Fires 38 Managers

The new Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Dr. Emmanuel Kachikwu, has announced the appointment of four new Group Executive Directors, GEDs,...

CBN Disagrees With Banks Over ATM Cash Withdrawal Limit

The Central Bank of Nigeria, CBN, yesterday disagreed with the restructuring some banks have effected in their debit card, otherwise known as Automatic Teller...

Port Harcourt Refinery To Begin Production This Week

The New Port Harcourt Refining Company, PHRC 2, will this week begin full production of Premium Motor Spirit, PMS, known in popular parlance as petrol, Chairman of...

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