Nigeria’s Airports Record 2.3% Increase in Domestic Passengers in 2yrs The National Bureau of Statistics (NBS) has disclosed that Nigeria’s airports recorded an increase of 2.3...
Dangote to Intensify Local Sourcing of Sugarcane For Refining To consolidate its earnings and position in the sugar industry, Dangote Sugar Refinery Plc has concluded plans...
EU’s Tusk to Meet May in London EU President Donald Tusk will meet British Prime Minister Theresa May in London later Thursday, his office announced, as...
Naira Overvalued by 20%, Says IMF The International Monetary Fund has said Nigeria’s economy needs urgent reform. In a in a report published on Wednesday, it...
Utomi Blames Buhari’s Govt for Recession Prof. Pat Utomi on Wednesday blamed the administration of President Muhammadu Buhari for the economic downturn in the country. He...
FEC Approves $1.3bn Foreign Loans for Development Bank The Federal Executive Council on Wednesday approved credit facilities totalling $1.3bn for the newly-established Development Bank of Nigeria....
Banks’ Non-performing Loans Hit N2tn – CBN The challenging economic situation in the country made the banking industry’s non-performing loans ratio to rise from N1.678bn in...
FG Clears N54bn Pension Arrears The Federal Government on Wednesday said it had cleared the inherited arrears of accrued pension benefits for the years 2014, 2015...
FG’s Economic Model Can’t Work, Says Sanusi The Emir of Kano, Muhammadu Sanusi ll, on Wednesday, faulted the present administration’s economic model, saying it would not...
New Bridging Cost Won’t Cause Petrol Price Hike The recent increase in the bridging allowance to transporters from N6.20 to N7.20 per litre will not lead...