Economy
Consumers In For ‘Raw Deal’ As Rising Food Prices Push Inflation Rate To 16.8% In April
According to late Sam Aluko, Nigerian economist, (1999), “The poor cannot sleep because they are hungry and the rich cannot...
Read moreDetailsBuhari Holds Farewell Meeting With Outgoing Ministers As Fears Of Policy Summasault, Abandonment Heighten
President Muhammadu Buhari is said to be holding a farewell meeting with ministers seeking elective offices in 2023. But...
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‘Desperate’ Nigeria Weighs Tapping Diaspora As War, Insecurity Widen Budget Deficit
Five years after the first outing with diaspora bonds, Nigeria is considering the second one with another bond sale targeted...
Read moreDetailsPrice Of Cooking Gas Soars By 83.62% In One Year – NBS
The National Bureau of Statistics (NBS) on Friday disclosed in its report that the average retail price of cooking...
Read moreDetailsGoogle’s Subsea Cable Arrives In Nigeria For Internet Speed Improvement
Google’s subsea cable, Equiano , has arrived in Lagos, Nigeria. In a note announcing the arrival, Google’s West Africa Director,...
Read moreDetails$418m Paris Club Loan Refund: States Warn FG Not To Tamper With Funds
The 36 states of the federation have warned the Federal Government not to tamper with funds accruing to them...
Read moreDetailsC/River, Kogi Record Highest All Items Inflation y/y For March As CPI Moves To 15.9%
Global surge in food prices is taking a toll on emerging and developing economies, but with greater impact on...
Read moreDetailsReps’ Exoneration Of Oil Marketers Over Importation Of Offspec PMS Elicits More Questions
The report of the House of Representatives exonorating all the oil marketers allegedly involved in the importation of the adulterated...
Read moreDetailsBanks Begin Implementation Of Interest Rate Extension On CBN Credit Facilities
In compliance with the directive from the Central Bank of Nigeria, (CBN), deposit money banks in the country...
Read moreDetailsSenate Approves N4tn Subsidy, N7. 4tn Fiscal Deficit, Others In Revised 2022 Fiscal Framework, Wants FG To Stop Crude Theft, Secure Oil Assets
The Senate, on Thursday, approved President Muhammadu Buhari’s request for adjustments to the 2022 fiscal framework. The approval...
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