When journalists claim that it is their exclusive preserve to set the national agenda of a nation, not many people fully appreciate the weight and significance of their claim. One politician said the other day […]
The Nigerian National Petroleum Corporation recorded a total loss of N255.3bn at the close of last year, statistics from the January 2016 edition of its Energy in Brief bulletin have shown. An analysis of the […]
Nigeria’s oil minister, speaking on a panel at the World Economic Forum in the Swiss resort, said the Organization of Petroleum Exporting Countries needs to meet soon as crashing prices force the group to reconsider […]
The federal government plans to tinker with the tax regime as part of efforts to deal with the financial crisis brought on by falling oil prices, Vice President Yemi Osinbajo, has stated. The sharp drop in crude revenues, […]
Against the backdrop of the economic crisis plaguing Nigeria amid falling global oil prices, the Federal Government is considering changes to the nation’s tax regime in a bid to shore up dwindling revenue. There are […]
The contribution of the manufacturing sector to the nation’s Gross Domestic Product rose to N6.616bn in the third quarter of last year, statistics from the National Bureau of Statistics indicated. An analysis of the nine […]
Ibe Kachikwu, minister of state for petroleum resources, says Nigeria is producing a barrel of crude oil at an average of $13 per barrel onshore and will still make profits even if oil drops to […]
Though the thief has finally confessed, even if it was a joke, there are some jokes that are too expensive to consider talk less of exhibiting them. The joke of the missing 2016 N6.08 trillion […]
With the price of oil languishing around $30 (£21) a barrel, the Nigerian naira has dropped to record lows and the country’s foreign exchange reserves have been dwindling for some time. This has prompted […]
Telephony in Nigeria has had a chequered history and up till this moment, telephone business around here remains a conundrum that has grown impertinently into full-blown, legitimised subterfuge. Forgive Hardball’s uncharacteristically winding introduction, but telecoms […]
IN an administration fighting against corruption, that is in need of diversification, President Muhammadu Buhari has presented a budget that would appropriate N29.7 billion to his Ministry of Agriculture in comparison to N115 billion to […]
It does seem that public sector corruption in the country has become so entrenched that with the patch of one leak a greater gaping hole resurfaces on the rotten roof. More worrisome, in most cases, […]
Nigeria’s difficulty to import refined petroleum products, particularly, Premium Motor Spirit, PMS, also known as petrol, has worsened as foreign suppliers have blacklisted Nigeria from further business until such transactions are dollar cash backed. The […]
Trading on the floor of the Nigerian Stock Exchange on Wednesday closed on a positive note after recording losses for 10 straight days. Shares appreciation in 39 companies pushed up the NSE market capitalisation to […]
Some members of the Senate who contributed to the debate on the 2016 budget in the red chamber on Wednesday expressed doubt over the ability of the President Muhammadu Buhari administration to implement the fiscal […]
The Minister of State for Labour and Employment, James Ocholi (SAN), on Wednesday revealed that the ministry currently does not have data on the number of unemployed Nigerians. It requires the data to enable it […]
THE Federal Government through the Central Bank of Nigeria, on Tuesday, imposed stamp duty of N50 on bank customers for money received into their accounts. Consequently, bank customers will henceforth pay N50 stamp duty for […]
THE Central Bank of Nigeria (CBN) has blamed the country’s low revenue from non-oil export on stumpy loans to that sector. Governor of the apex bank, Mr Godwin Emefiele made this known at the opening […]
ABUJA — PRESIDENT Muhammadu Buhari, yesterday, regretted the confusion the ‘missing 2016 budget’ had caused in the polity and urged the lawmakers to work with the corrected version that the Presidency submitted, last week. “The […]
As oil prices dip below $30 and institutions like Goldman Sachs, Bank of America, Citigroup and Morgan Stanley now predicting that prices could drop to $20 or even as low as $10 a barrel, it […]
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