Economy

Did you know that many labourers earn more than graduates in this country? I paid attention to two labourers – one Nigerian and one Cameroonian – operating in the building materials section of a market […]

Truth has fallen in the street of this misguided Buhari administration; so much so that abject failure has been camouflaged as its triumph. It is amusing, if not very disturbing, to see the number of […]

The Nigerian stock market crashed by N1.732tn within one year of the Muhammadu Buhari-led Federal Government. The Nigerian Stock Exchange data showed that the NSE market capitalisation on May 28, 2015 was N11.658tn, while that […]

Nigeria, which recently lost its Africa’s top oil producer status to Angola on the back of huge decline in its output, stands a chance of losing some of its traditional buyers to rival producers such […]

The Minister of State for Petroleum Resources, Ibe Kachikwu, recently, announced a new petrol price of N145/litre. Kachikwu was however, clearly cautious to avoid a definite declaration that the petroleum downstream sector had become fully […]

“…As I said in my New Year message, living in the State House does not in any way alienate me from your daily struggles. I read the newspapers and listen to the TV and radio […]

Not many thought the first year of Muhammadu Buhari would look like this. The price of pump price at 145, the naira at 350 to a dollar, not a single road tarred, the 2016 Budget […]

Recently the National Economic Council after its retreat came out with the proposal for the Federal Government to cooperate with state governments in a bid to achieve far-reaching economic goals for the country. In a […]

These are perilous times for President Muhamadu Buhari and the 36 state governors of Nigeria. In fact, some would argue that this is not a good time to be president or governor in Nigeria . […]

On January 22, 2016, I tweeted a joke which went viral. I had said that at meetings of the Federal Executive Council (FEC), the Minister of Information, Alhaji Lai Mohammed, would address members and say […]

Governor Akinwunmi Ambode of Lagos State and the State Chairman All Progressives Congress, APC, Chief Henry Ajomale, yesterday, said the country need to strengthen its ties with Russia to revamp the country’s economy especially in […]

Operatives of the Nigeria Security and Civil Defence Corps (NSCDC) yesterday launched into a gun battle with members of the militant group, Niger Delta Avengers (NDA), in the creeks of Bayelsa State in the aftermath […]

Ekiti State Governor, Mr. Ayodele Fayose, has said the state government would pay salaries to only workers who were not on strike from the “little” monthly allocation from Abuja. The governor also stated that embarking […]

Feeding off the fury of fast-food workers’ protests, cities and states have been surging to raise their minimum wages across the country. The nation’s capital is poised to pass a new $15 hourly minimum wage, […]

One of the major news items in circulation has been the scarcity of tomato. Incidentally, Nigeria is (was) the 14th largest producer of tomato in the world and the second largest producer in Africa, after […]

On Friday, May 20th, 2016, Dr. Yemi Kale, the Statistician General of the Federation and head of the Nigerian Bureau of Statistics (NBS), revealed that Nigeria’s economy had not grown in the first quarter of […]

Forty thousand properties across London are owned by secretive offshore companies, an increase of 9% over the past 10 months, the Guardian can reveal. An analysis of Land Registry data shows that entire developments from […]

The Federal Government’s anticipated revenue have further been constrained by the renewed attacks on oil facilities by Niger Delta militants. In Southern Ijaw Local Government Area of Bayelsa State this week, there was an attack. […]

Having just a few minutes ago sworn on the Holy Book, I intend to keep my oath and serve as president to all Nigerians. I belong to everybody and I belong to nobody. -Buhari, May […]