Economy
PMI reverses December gains to 48.2 index point
The manufacturing sector Purchasing Managers Index (PMI) has reversed its previous gains, declining to 48.2 index points in January 2017...
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Suspicious, frivolous items worth N466 billion identified in Budget 2017
A total of 27 Nigerian Ministries, Departments and Agencies (MDAs) appear to have padded the 2017 budget by up to...
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Buhari’s Economic Team plans road show
As Nigeria’s economy hangs in the balance, President Muhammadu Buhari’s Economic Management Team is planning a roadshow with a hope...
Read moreDetailsCBN plans to raise $300 mln via “diaspora bond” by June – bookrunner
CBN plans to raise $300 million by selling a diaspora bond targeting Nigerians living abroad, one of the book runners on...
Read moreDetailsNigeria foreign reserves rise to highest level in 10 months-CBN
Emefiele Nigeria's foreign exchange reserves rose 8.39 percent to $27.88 billion by Jan. 26 from a month ago, climbing to...
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Ailing Naira sinks in black market to N500/$ for first time
The nation's currency, naira fell against the greenback to N500/$ on the black market as the nation’s dollar scarcity worsens,...
Read moreDetailsBuhari strategising in London
Despite speculations about the death of President Muhammadu Buhari, Aso Rock sources tell BusinessDay that the President is alive and...
Read moreDetailsPaymaster that sacked Ondo Speaker Akindele
Paymaster caught with N15m cash, leading to the sacking of Jumoke Akindele Here is the face of the paymaster...
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N166Billion Contract Mess: 10 Questions For Minister Fashola
Fashola On Wednesday, we ran a story on the query the Bureau for Public Procurement (BPP) sent the Minister...
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Senate probes Works Ministry, BPP over contracts inflation, irregularities
The Nigerian Senate has resolved to investigate alleged irregularities in the award of contracts by the Federal Ministry of Power,...
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