Ondo residents return to firewood, charcoal as cooking gas price soars
Most residents of Okitipupa Local Government Area of Ondo State have resort to the use of firewood and charcoals for cooking. This follows the hike […]
exchange rate
Ekpo tasks FG on effective implementation of Nigeria-China currency swap
An economist, Prof. Akpan Ekpo, has urged the Federal Government to effectively implement the Nigeria-China currency swap as nothing is wrong with it. Ekpo, a […]
Over 50% of cooking gas users have switched to firewood, charcoal – Retailers
The Liquefied Petroleum Gas Retailers (LPGAR), branch of National Union of Petroleum and Natural Gas Workers (NUPENG), says over 50 per cent of cooking gas […]
Enugu consumers groan as prices of cooking gas, food items continue to soar
Residents of Enugu State have decried the continuous hike in the price of Liquefied Petroleum Gas (LPG) and staple food items such as rice and […]
Senate suspends plenary to consider 2022 budget
By Haruna Salami After discussing the general principles of the 2022 budget for the second day, the Senate suspended plenary till November 9, 2021 to […]
25m Nigerians risk job losses over poultry industry crisis —PAN
The Poultry Association of Nigeria (PAN) has said that the current feed challenges facing the multi-billion naira poultry industry may take almost 20 to 25 […]
FG generates 73% of its targeted revenue for 2021
Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the the Federal Government has generated N3.93 trillion, being 73 per cent of […]
World Bank projects Nigeria’s economy to rebound by 2.4% in 2021
The World Bank says Nigeria’s economy is expected to grow by 2.4 per cent in 2021 owing to support by the service sector. The Bretton […]
Senate passes revised Medium Term Expenditure Framework ahead of 2022 budget presentation
The Senate on Wednesday approved President Muhammadu Buhari’s revised 2022-2024 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The revised document was received […]
[email protected]: LCCI charts ways to build sustainable economy
The Lagos Chamber of Commerce and Industry (LCCI) on Friday charted ways to engender a more inclusive and sustainable economic growth as Nigeria celebrated its […]
INVESTIGATION: Why we prefer selling second-hand clothes for women, children in Abuja – Traders
By Idris Ibrahim Traders of second-hand clothes popularly known as “Okrika, bend-down select” in Abuja have disclosed that women are their foremost customers across the […]
UPDATE: Senate passes 2022-2024 Medium-Term Expenditure Framework (MTEF)
By Haruna Salami The Senate on Wednesday passed the 2022-2024 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). This was as a result […]
Nigeria’s Debt and Struggle for New Nigeria, By Salihu Moh. Lukman
In a letter to Nigerian Senate, read to the plenary session of Tuesday, September 14, 2021, President Muhammadu Buhari requested approval for external borrowing plan […]
Plateau residents decry hike in price of cooking gas
Residents of Plateau have decried the current prices of cooking gas. A 12.5 kg cylinder, which sold for N4,500 before July now sells for between […]
CBN dep. gov explains depreciation in Naira’s value
The Deputy Governor, Corporate Services Department of the Central Bank of Nigeria (CBN), Mr Edward Adamu, has attributed the depreciation in the value of the […]
Delta Govt. proposes N425bn for 2022 budget – Commissioner
Delta Government on Friday said it has proposed a total sum of N425 billion as the appropriation for year 2022, indicating that the budget would […]
How to reduce inflationary pressures – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) on Sunday urged the government to focus on reducing cost of energy, logistics and other variables to […]
Reps mull pay-per-view, price reduction for DSTV, others
The House of Representatives has considered the pay-per-view, pay-as-you-go and price reduction for DSTV and other cable satellite operators in the country. This followed the […]
GDP growth projected at 4.2% in 2022–FG
The Federal Government has projected a rise to 4.2 per cent of the country’s Gross Domestic Product (GDP) in 2022. Mrs Zainab Ahmed, Minister of […]
Ihejirika tasks FG on collaboration for job creation
The Federal Government has been urged to collaborate with the World International Economic Group (WIEG) to enhance Small and Medium Enterprises (SMEs) for job creation. […]
Nigerians should do more exportation to increase FOREX earnings- Economist
An Economist, Prof. Mike Obadan, has urged Nigerians to be more involved in exportation of goods and services than importation to increase the country’s foreign […]
Smuggling: PMS daily consumption rises to 103m litres – NNPC
The Nigerian National Petroleum Corporation (NNPC) says smuggling across the borders has increased the daily consumption of Premium Motor Spirit (PMS) to 103 million litres […]
COVID-19:IMF says Nigeria’s economy recovering, expresses concerns over unemployment, inflation
An International Monetary Fund (IMF) team on Thursday said that Nigeria’s economy was “gradually” recovering from the negative effects of the COVID-19 pandemic. IMF disclosed […]
We discounted N38bn FG refunds based on experts’ advice –Bayelsa Govt
The Bayelsa Government says the discounted N27 billion refunds for Federal projects it received, instead of N38 billion, had been ploughed into infrastructure projects across […]
Hong Kong welcomes IMF report reaffirming its position as global financial hub
The government of China’s Hong Kong Special Administrative Region (HKSAR) on Wednesday welcomed a report of the International Monetary Fund (IMF) that reaffirmed its position […]