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Economy

Investors Express Concern Over Buhari’s ‘Slow Motion’

With over a month into the administration of President Muhammadu Buhari, investors have begun expressing concern over the inability of the President to announce...

#Buhariconomics: Nigeria Is On The Brink Of Her Biggest Economic Disaster (READ)

by Donald Ekpo Former General and now President Muhammadu Buhari’s sudden and inevitable decision to devalue the Naira is just the stepping stone to throw Nigeria...

CBN Launches Investigation Into Naira Depreciation In Parallel Market

The rate at which the naira has dropped against the dollar in recent times has prompted the Central Bank of Nigeria, CBN, to launch...

12 Workers Killed As Explosion Rocks Agip Eni Pipeline Repair Site In Nigeria

An accidental explosion on an oil pipeline In Nigeria operated by Italian energy giant Eni left 12 people dead and three injured, the company...

N46,000 Is The Only Acceptable Minimum Wage – Senior Civil Servants Tell Buhari

NAN - Against the backdrop of worsening hardships facing civil servants, the Association of Senior Civil Servants of Nigeria (ASCEN) has demanded N46,000 as...

Buhari Pegs $1 To N160 For Pilgrims, Opening Windows For Round Tripping

NAN - The Federal Government has pegged one dollar at N160 for intending pilgrims to Israel and Saudi Arabia in 2015, Mr John-Kennedy Opara,...

CBN FOREX Policy Paying Off, As Nigeria’s External Reserves Hit $31.89 Billion

Nigeria’s foreign exchange reserves have begun a “gradual recovery” thanks to the central bank’s management of dollar demand and the government’s effort to plug...

Enugu Governor Announces 12-Member Committee To Urbanise Nsukka

Governor Ifeanyi Ugwuanyi of Enugu State on Thursday, July 2, 2015 announced a 12-members committee named Nsukka Urban Renewal Committee to modernise the town...

What N30 Billion Loan Will Be Used For – Gov. Wike

Governor Nyesom Wike of Rivers State, through his Special Adviser on Media and Publicity, Mr. Opunabo Inko-Tariah, has pledged that the government's N30 billion...

#SinkingDeeper: World Bank Approves N39.4 Billion Loan For Lagos Gov’t

Lagos State is to be credited N39.4bn as approved by the Board of Executive Directors of the World Bank to support a range of...

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