“After massive downsizing exercises, it is sometimes hard to tell who is less fortunate- employees who have had to leave or those who are left behind commonly termed the working wounded”. – Juanita Simpson Next […]
Abuja—Massive importation of food, especially, rice, wheat, sugar and fish, has continued to bleed the nation’s economy, with the four items accounting for a whopping N1 trillion loss to the nation annually. Executive Secretary, Agricultural […]
Abuja—Massive importation of food, especially, rice, wheat, sugar and fish, has continued to bleed the nation’s economy, with the four items accounting for a whopping N1 trillion loss to the nation annually. Executive Secretary, Agricultural […]
ABUJA— President Muhammadu Buhari said, yesterday, that Nigerians were suffering today because of the sudden drop in the price of crude oil in the international market. The President, who stated this while playing host the […]
South Africa’s economy has leapfrogged Nigeria’s as Africa’s largest in dollar terms, reclaiming the top spot it lost two years ago. Both economies face recession after contracting this year. But while the South African rand […]
There was drama on Wednesday as the Edo State Governor, Adams Oshiomhole, clashed with a former Governor of Cross River State, Donald Duke, and an ex-Governor of Niger State, Dr. Babangida Aliyu, over the poor […]
ABUJA—South Africa’s economy has regained the position of Africa’s largest in dollar terms more than two years after losing it to Nigeria as the value of the nations’ currencies moved in opposite directions. Based on […]
LAGOS— EMINENT Nigerians, yesterday, called on President Muhammadu Buhari to urgently provide the right response to the current hardship across the country, lamenting that his ministers had performed below expectation. They warned that if appropriate […]
The senator representing Kaduna Central Senatorial District, Shehu Sani, has said Nigerians are groaning under serious hunger and poverty and therefore unable to meet their basic needs. He stated this on Sunday during the launch […]
Perhaps, nothing better captures the dilemma faced by the Monetary Policy Committee when it met in July than the fact that unlike in the previous meetings held this year, members of the MPC, as their […]
The Central Bank of Nigeria (CBN) has denied reports that prospective Muslims pilgrims were granted concessionary foreign exchange rate for the 2016 pilgrimage. This is contained in a statement in Abuja on Tuesday by the […]
President Muhammadu Buhari on Wednesday administered oaths of office on four special advisers and one permanent secretary at the Presidential Villa, Abuja. The brief ceremony took place shortly before the commencement of a meeting of […]
Though attempts have been made to assure Nigerians that there are no plans to increase the pump price of Premium Motor Spirit, popularly referred to as petrol, The PUNCH has gathered that the actual price […]
It may well be said that adversity, and not necessity, is the mother of invention or innovativeness as the case may be. This is the story of Nigeria’s tax regime in which non-oil revenue has […]
As Nigeria continues to dither over the Petroleum Industry Bill, which has suffered setbacks in two consecutive legislative tenures, Ghana has passed its own petroleum bill into law in a bid to lure investments. Ghana’s […]
Abuja – Dr Kabir Usman, Director-General, Centre for Management Development, says Nigeria needs to train 7.7 million people in the next five years to operate required infrastructure in the country. Usman said this in a […]
As part of its efforts to strengthen the payments system in the country, the Central Bank of Nigeria (CBN) has directed commercial banks to allow savings account customers with Bank Verification Number (BVN) to lodge […]
Nigerians should prepare for another increase in the pump prices of petrol, due to the continued scarcity of foreign exchange to finance the importation of the product, oil marketers have said. According to them, the […]
“Banka’ toxic assets may hit N3.0 trillion”. Emeka Anaeto, Economy Editor, VAGUARD, July 17, 2016. When George Santayana, 1863-1952, warned that “Those who do not remember the past [mistakes] are condemned to repeat it” (VANGUARD […]
A seemingly responsible fiscal plan will become unimplementable, in the modern era, if the underlying monetary indices are out of sync with budget projections. Conversely, the stubborn sustenance of appropriate monetary benchmarks for inflation, cost […]
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