Inflation is Out of CBN’s Control Olusegun Omisakin, the Head of Research, Nigerian Economic Summit Group (NESG), says rising inflation rate in the country has gone...
Foreign Reserve Hits $26.9bn, as Value of Open Contracts Rises Nigeria’S foreign exchange reserves increased week-on-week by 2.51 per cent toUSD26.88billion, according to latest update from...
Banks’ Deposit Declines by N213bn BANKS’ deposit fell by N213 billion in December, reflecting impact of the economic recession on individuals and businesses. Meanwhile, Federal Government’s...
Dangote Floats Truck Assembly Plant Dangote Group of Companies has established a $100 million truck assembly plant in Lagos as part of its efforts to boost...
Investors Seek Government’s Intervention as Indices Plunge by N100 Billion Investors, at the weekend, renewed the call for Federal Government to make deliberate pronouncements that would...
Boko Haram Bomb Mosque At The University Of Maiduguri A bomb explosion has occurred in a mosque at the University of Maiduguri in Nigeria’s troubled northeastern...
Nigeria’s Forex Earnings Hit $24 Billion in Third Quarter 2016 The federal government aggregate foreign exchange (forex) inflow as at the third quarter of 2016 moved...
Improve Aviation Security Facilities, Expert Advises FG The Chief Executive Officer, Eden & Mcwhit Aviation Security, Dr. Naima Fraser, has asked the Federal Government to upgrade...
Seven Power Plants Down, 1,899MW Lost The shutdown of seven power plants across the country has led to a total electricity load loss of 1,899.7 megawatts....
NUPENG Strike, Refineries’ Closure Caused Products Scarcity The current hiccups in the supply of petroleum products is due to the recent one-day industrial action by the...