Articles by Omoniyi Osadare

The Naira exchange rate has suffered severe battering in recent times and fallen from about N160 to the present N197=$; indeed, since our national experience defines a close correlation between deepening poverty and weakening Naira […]

I truly do not like it when I have to write about an issue in our country and I have this déjà vu feeling that I already wrote about it in the past. That has […]

Nigeria increased this year’s budget deficit forecast by 36 percent after oil prices fell below the $38 per barrel benchmark set by Africa’s top producer. The gap will increase to 3 trillion naira ($15.1 billion), or […]

The Federal Government said it had commenced the review of laws guiding the privatisation and concession of public assets in the country. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, stated this in […]

The Lagos Chamber of Commerce and Industry (LCCI) has called on the Central Bank of Nigeria (CBN) to lift the foreign exchange restrictions it placed on  41 items, saying the measure was no longer necessary, […]

ABUJA — The Federal Government, weekend, hiked the price of Household Kerosene (HHK) to N83 per litre from N50 per litre, thereby, officially ending subsidy on the product. The Petroleum Products Pricing Regulatory Agency, PPPRA , […]

John Holt Nigeria Plc posted an operating profit of N1.63 billion for the year ended September 30 2015, an 18.50 percent reduction from N2 billion the previous year. The company with interest in businesses ranging from […]