With two days to the Eid-el-Kabir celebrations, the state of the economy is taking its toll on commodity goods leading to a hike in the price of foodstuff, especially rams, which is usually killed to […]
The Consumer Price Index (CPI) which measures inflation increased by 16.05 percent (year-on-year) in July 2017, even as food price pressure continued into the month under review as all major food sub-indexes increased. The latet […]
With the prevailing harsh economic situation in the country, a state of depression (or is it a recession) that has been designed by yet to be established architects, the countdown to the next general elections […]
The Nigerian economy certainly will break free and soar. Apart from the short-lived oil boom in the 1970s when per capita income peaked in 1977, the economy has been chained down by macroeconomic instability arising […]
Lagos, 27 August 2017 (ACBF) –The African Capacity Building Foundation, the African Union’s Specialized Agency for Capacity Development, says countries across the continent need an effective and efficient integration to fast track their economic development. […]
The Chief of Staff to Governor Rauf Aregbesola of the State of Osun, Alhaji Gboyega Oyetola over the weekend said that when completed, Moshood Kashimawo Olawale (MKO) International Airport, located in Ido-Osun would boost social […]
Less than six days to Eid-el-Kabir celebration, ram dealers in Maiduguri are lamenting low patronage by customers. Eid-el-Kabir celebration is marked on the 10th day of the 12th month of Islamic calendar known as Zul-Hajj […]
The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that the federal government would soon open bids to concession 30 marginal oil fields in the country. The corporation stated this in a statement from its Group […]
The Federal Government on Thursday tightened the noose on graft, as President Muhammadu Buhari ratified nine international agreements between Nigeria and other entities aimed at strengthening the administration’s anti-corruption war within and outside the country. […]
Nigeria’s finance minister, Kemi Adeosun, said on Thursday that the ongoing economic reforms by the federal government is to enhance fiscal discipline, improve revenue generation, and promote allocation and efficient use of resources by the […]
The federal government, states and local governments shared N467.8 billion in August, the Minister of Finance, Kemi Adeosun, said on Tuesday. This indicates a shortfall in revenue by N184.2 billion from N652 billion shared in […]
Chiedu Osakwe, director-general of the Nigeria office for trade negotiations, says the agency will embark on a review of all trade and investment agreements entered into with countries and entities since 1960. In an interview with […]
When the Central Bank Nigeria, CBN, blocked official dollar access to importers of 41 low-skilled items, Baton Nigeria, an Ogun state-based company, was preparing to start a factory producing tooth picks – one of the […]
President Muhammadu Buhari and some of his aides are controlling Acting President Osinbajo, according to Reuters. In a report titled: ‘Nigeria stand-in careful not to upset the boat as Buhari steers from London’, the news […]
A university teacher, Prof. Joseph Abayomi Olagunju yesterday disclosed that 61 percent of Nigerians still live below one dollar per day. He spoke at the maiden Bioscience Annual Conference, organised by the College of Biosciences […]
…NEITI has strongly recommended that the time has come for Nigeria to embrace a robust culture of savings, irrespective of whether the oil price is low or high. Our country’s experience through the current economic […]
Osun has been known to be one of the most peaceful states in Nigeria, owing to the commitment of the government under Governor Rauf Aregbesola to the security of lives and properties of her people. […]
Although no longer shocking, the story of the grand larceny perpetrated by the PDP against Nigeria continues to rankle to no end, a story that continues to be told in bits and pieces. The Socio-Economic […]
Rotimi Amaechi, minister of transportation, says the establishment of a national carrier will grow Nigeria’s economy. In an interview with BBC, Amaechi said airline movements enhance the speed at which businesses are transacted within the […]
Granting tax break to additional 27 industries and products in Nigeria is a right step towards economic recovery, some economists have said. They also described the move as an indication that Nigeria is on course […]
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